Supplier development in Korea: Rude awakening after the crisis

Jeong Wook Choi; Thomas Choi

doi:10.1016/S0007-6813(02)00226-4

Supplier development in Korea: Rude awakening after the crisis

Jeong Wook Choi, Thomas Choi

Management and Entrepreneurship

Research output: Contribution to journal › Article › peer-review

2 Scopus citations

Abstract

When generous supplier development activities in Korea came to a screeching halt after the country was hit by the Asian economic crisis, the big conglomerates had to find new, more economical ways to develop their suppliers, short of cash incentives. Hard choices had to be made. But so far these choices, though made under duress, appear to be sound ones that are helping to forge new patterns of supplier development in Korea. How are the country's enterprises managing this recovery?

Original language	English (US)
Pages (from-to)	43-50
Number of pages	8
Journal	Business Horizons
Volume	45
Issue number	4
DOIs	https://doi.org/10.1016/S0007-6813(02)00226-4
State	Published - 2002

ASJC Scopus subject areas

Business and International Management
Marketing

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10.1016/S0007-6813(02)00226-4

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abstract = "When generous supplier development activities in Korea came to a screeching halt after the country was hit by the Asian economic crisis, the big conglomerates had to find new, more economical ways to develop their suppliers, short of cash incentives. Hard choices had to be made. But so far these choices, though made under duress, appear to be sound ones that are helping to forge new patterns of supplier development in Korea. How are the country's enterprises managing this recovery?",

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Supplier development in Korea: Rude awakening after the crisis

Abstract

ASJC Scopus subject areas

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