BUSI 2301 Lecture Notes - Lecture 6: Amkor Technology, Business Insider, East Asian Studies
12 Dec 2017
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Document Summary
Every company creates its own unique environment through the norms and values that the company believes in and sets forth. This creates certain expected demands as well as constraints the various environments of the business. Amkor is the employees abide by confucian values such as embracing the importance of family. For example, the company"s power distribution preferences are towards hiring family members (president of amkor is the eldest son of hbg"s founder). Initially, the company began an adaptation global strategy, by adopting traditional korean business policies. Norms and values in the environment are formed off of american experiences intertwined with korean experiences. When looking at the organizational environment of amkor, the factors that play a role are the relationship with stakeholders, characteristics of local environment, as well as understanding the organization strategies and structures. The company represents a transition from a family to investor type of regional model of organizations.
