Management 4333: Impact of Political and Economic Pressures Report

This report examines the impact of political and economic pressures on business management, focusing on the situation between China and South Korea. The report delves into the implications of the THAAD missile deployment, China's economic boycott, and the resulting challenges for businesses. It explores how managers responded to these pressures, the effects on their businesses, and the long-term consequences of these actions. The report also analyzes the role of political tensions in shaping business strategies and the importance of adapting to global events. The study aims to provide a comprehensive understanding of the complex interplay between politics, economics, and business management, offering insights into how businesses can navigate and mitigate the risks associated with international relations and economic instability. This report is a valuable resource for students studying management and business development.

Alfaro Tallman Mendoza
Professor Krylova
Management 4333
3/22/2017
Group 7 Project Update
During our collaboration over the past couple of weeks, our group has been reading up on
current political, legal, economical, and technical contemporary issues found in management and in
business. We have been plagued by uncertainty until we began considering the situation going on in the
Asian-Pacific. As most of us may already know, President Donald Trump has been granted permission to
store tactical defense missiles in South Korea to protect the United States from the irrational actions of
the North Korean Providence. The plan is called Thadd and it has enraged some South Korean citizens.
One country extremely opposed to the idea is China, and they have issued an economic boycott on
South Korean businesses. The tension between the two countries has become so bad, China is even
attacking the famous K-Pop music genre. One Chinese ad describes K-POP as “being bullets shot out at
your kids.”
North Korea over the past decade, has been investing heavily in their nuclear weapons
department. Recently, they have been conducting hundreds of tests and each missile is becoming more
advanced than the last. Countries have taken extreme caution when confronting North Korea with their
concerns, but Trump finally made a move. During the deployment of Thaad, China heavily advised
against the decision, saying it would punish businesses associated with South Korea to make its point
clear. Despite the threats, the decision to withdrawal the tactical missiles were rejected and China went
after some prominent businesses in its region. We want to explore how the managers reacted to the
political and economic pressures associated with this situation. How did they respond? How were their
businesses affected? Has this boycott affected future business for China? What did the managers and
executives do to resolve this situation? Our group aims to answer these questions and we look forward
to meeting with you next week to further discuss the topic.