Daewoo international started in 1967 as a small textile exporter based in Korea. The company is now leading multinational company. Daewoo’s products include steel, metals, automotive components, machinery, industrial plant, electronics, textiles and chemicals, international finance and investment, and project management. Daewoo now operates in over 165 countries around the world through a network of over 200 branch offices and subsidiaries.
A major part of Daewoo International is its motor division. Daewoo Motor has been a major force in the development of both Korea’s auto industry and national economy for twenty-five years. It has successfully helped to make Daewoo into a truly global company with an extensive international network integrating research and development, production lines of 12 plants in 11 different countries, in addition to its production facilities in Korea. Daewoo has a worldwide capacity of 2.3 million vehicles per year.
Question
- In which country did Daewoo start operating? (>)
- How many countries does Daewoo operate in now? (>)
- According to the case study, how many different types of goods and services does Daewoo produce? (>)
- Most people would consider that Daewoo is a large company although it had small beginnings. How do you think Daewoo grew to be the size that it is now? (>>)
- Do you think that Daewoo benefits from operating in many different countries? Explain your answer! (>>>)
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