Question

1. are the chaebols too big to fail? why or why not.
2. should they be exempt from corporate social responsibility?
3. discuss 2 ideas of what could be done to make the chaebols more competitive.

a.
b.

1. list 5 korean chaebols (company names) that have products sold in the u.s.

a.
b.
c.
d.
e.

1. discuss 2 ideas of what could be done to make the chaebols more ethical.

a.
b.

Explanation:

1. Chaebols may seem too - big - to - fail due to their economic significance, but external shocks or mismanagement can still lead to failure. They have large market shares and employ many, but are not immune.
2. No, they should not be exempt from corporate social responsibility as they have a large impact on society, environment, and stakeholders.
3. a. Invest more in research and development to drive innovation. b. Improve corporate governance for better decision - making and efficiency.
4. a. Samsung (electronics). b. Hyundai (automobiles). c. LG (electronics). d. SK Group (petrochemicals, telecommunications). e. Lotte (consumer goods).
5. a. Establish independent ethics committees to monitor and enforce ethical behavior. b. Increase transparency in business operations and financial reporting.

Answer:

1. They are not truly too big to fail. External and internal factors can cause failure despite their size.
2. No, they should fulfill corporate social responsibility due to their wide - reaching impact.
3. a. Increase R&D investment. b. Enhance corporate governance.
4. a. Samsung

b. Hyundai
c. LG
d. SK Group
e. Lotte

1. a. Set up ethics committees. b. Boost transparency.