East Asia

EAST ASIA
East Asia is sub region of Asia that compounds The Republic of China (Beijing), Hong Kong (Victoria), Macau, Taiwan, Japan (Tokyo), South Korea (Seoul), North Korea (Pyongyang), Mongolia (Ulan Bator), Siberia and finally Vietnam (Hanoi), and it counts with about 1.555.784.500 people. (They count with a geographical proximity). The most important languages are Chinese, Japanese, Korean, Mongolian and Vietnamese. And the main religions are Buddhism, Confucianism, Taoism and Shinto. In the class presentation the exposition was focused in South Korea and the Chaebols and how the role of culture affects relations within the companies. And we studied a case on Samsung and how they worked with the management styles. The Japanese Management style establish that companies are not alike, they are focus on market share as a growth strategy, they tend to be more aggressive in pricing, they tend to work closely, fast and flexible in order to respond to the market, Japanese value the participation of workers and medium managers in order to create a feeling of loyalty towards the company. Anyway I would like to know more about other regions that are not so recognized like Macau, for example:

MACAU

It is a special administrative region of China.
"Colonized by the Portuguese in the 16th century, Macau was the first European settlement in the Far East. Pursuant to an agreement signed by China and Portugal on 13 April 1987, Macau became the Macau Special Administrative Region (SAR) of China on 20 December 1999. In this agreement, China promised that, under its "one country, two systems" formula, China's socialist economic system would not be practiced in Macau, and that Macau would enjoy a high degree of autonomy in all matters except foreign and defense affairs for the next 50 years".
According to this Macau has no regular military forces; defense is the responsibility of China.

"Macau's economy has enjoyed strong growth in recent years on the back of its expanding tourism and gaming sectors. Since opening up its locally-controlled casino industry to foreign competition in 2001, the territory has attracted tens of billions of dollars in foreign investment that have helped transform it into the world's largest gaming center. In 2006, Macau's gaming revenue surpassed that of the Las Vegas strip, and gaming-related taxes accounted for 75% of total government revenue. The expanding casino sector and China's decision beginning in 2002 to relax travel restrictions, have reenergized Macau's tourism industry, which saw total visitors grow to 27 million in 2007, up 62% in three years. Macau's strong economic growth has put pressure its labor market prompting businesses to look abroad to meet their staffing needs. The resulting influx of non-resident workers, who totaled one-fifth of the workforce in 2006, has fueled tensions among some segments of the population. Macau's traditional manufacturing industry has been in a slow decline".

https://www.cia.gov/library/publications/the-world-factbook/geos/mc.html

List of the main differences between the Japanese management style and the Korean management style

First of all we must know that companies are not alike, and that there is not a universal code or a universal management style, it depends a lot of the company and the current situation of it. Japanese culture (in management and companies) tend to be more focus on the growth strategy of the company and tend to be also very competitive in order to have a maximization of the value, this is why workers are important and they care about them and employ them for lifetime, they are collectivist in order to achieve the goals of the company, and also when they feel part of the company they work with more pleasure. Japanese focus a lot on corporate values; they consider that is the key to adapt to new environments, they care about their relationships with their customers and also with their suppliers they think that is an important factor for success, in order to build a good relation and have an advantage at the time of competing, they also are flexible at the time of manufacturing giving them an strength compared to others because it gives them a huge differentiation factor.

On the other hand Koreans even tough they took the Japanese economic model because they used to be a Japanese colony, Government plays an important role in Korea, companies that are favored by the government tend to grow faster than the others, Koreans are more individualistic, they are more flexible and free to change jobs and all the important decisions are basically made by the top managers, they also tend to be more authoritarian and family members and friends are likely favor when employing.