International Business

1. Key Economic Indicators for Bibigo Mandu’s International Expansion CJ CheilJedang’s global expansion strategy for Bibigo Mandu must be guided by specific economic indicators that determine the feasibility and profitability of market entry. Several key metrics are crucial in assessing the potential of a foreign market. The first critical factor is per capita income, which … Read more

1. Introduction Economic development refers to the process through which a nation’s overall standard of living improves, encompassing factors such as income growth, better healthcare, increased literacy, and improved infrastructure. Measuring economic development requires both quantitative and qualitative assessments. While economic growth is often gauged by increases in the production of goods and services, broader … Read more

Introduction: The Global Expansion of K-Pop and Copyright Challenges K-Pop, or Korean pop music, has transformed from a regional phenomenon into a global cultural force. As K-Pop artists and their content reach audiences worldwide, the complexities of international copyright laws have become increasingly significant. Understanding how different countries’ copyright regulations affect the distribution and protection … Read more

Introduction: Overview of Ethical Issues in K-Pop The Korean pop (K-pop) industry, celebrated globally for its polished performances and catchy music, has faced significant ethical challenges over the years. Among these, chart manipulation, known locally as ‘sajaegi,’ and abuses of power, referred to as ‘gapjil,’ have been particularly contentious. These practices not only undermine the … Read more

Introduction: The Allure and Shadows of K-pop K-pop, South Korea’s vibrant music genre, has captivated global audiences with its polished performances and catchy tunes. However, beneath the glamorous exterior lies a rigorous training system that has sparked debates about labor ethics and the well-being of aspiring artists. The Trainee System: Pathway to Stardom or Modern-Day … Read more

Introduction: The Global Rise of K-pop and Emerging Censorship K-pop, a significant component of the Korean Wave (Hallyu), has garnered immense global popularity, leading to increased scrutiny and censorship in certain regions. Countries such as China, Indonesia, and various Middle Eastern nations have implemented measures to control the dissemination of K-pop and other South Korean … Read more

Introduction: The Origin of the Hallyu Ban In 2016, the deployment of the Terminal High Altitude Area Defense (THAAD) system in South Korea, supported by the United States, created a deep rift in diplomatic relations between South Korea and China. In response to what it perceived as a threat to its national security, the Chinese … Read more

What is Antitrust Law? Antitrust law is a legal framework designed to maintain fair competition in the market and protect consumers. Its primary objectives are to prevent collusion between companies, prevent the abuse of market dominance, and regulate unfair mergers and acquisitions to ensure a free and competitive market environment. This law was first introduced … Read more

Intellectual Property as a Property Right Intellectual property (IP) is widely regarded as a form of property that deserves legal protection. The justification for this protection stems from the need to incentivize innovation and creativity. By granting exclusive rights to inventors, creators, and businesses, societies can ensure continuous investment in research, development, and artistic endeavors. … Read more

Index of Economic Freedom To conduct business in a foreign country, companies need to analyze the local business environment. One useful tool for this analysis is the Index of Economic Freedom, provided by the Heritage Foundation. The Economic Freedom Index serves as a key measure of a country’s economic environment, evaluating how freely businesses and … Read more