Identify the positive and negative characteristics of chaebols for both local and global economy. Also, explain the role they play in the South Korean economy.
LGE is one of the leading global companies in the industry. It is composed of five divisions: air conditioning, business solutions, home appliances, home entertainment, and mobile communication. LGE has 114 subsidiaries worldwide and employs around 82,000 people. LGE is a South Korean company and as such has some unique characteristics derived from the South […]