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Korean Job Discussion Forums
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transmogrifier
Joined: 02 Jan 2012
Location: Seoul, South Korea
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 Posted: Wed May 29, 2013 7:38 am Post subject: |
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| radcon wrote: |
| One would think that Outback would have killed itself by now with its crappy,uninspired food and ridiculous prices. Yet they always seemed packed. |
Yeah, Outback is the worst of a pretty insipid bunch (Bennigans, VIPS, TGIF) |
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dairyairy
Joined: 17 May 2012
Location: South Korea
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| Posted: Wed May 29, 2013 12:43 pm Post subject: |
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Some some of the people on this site want the Korean government to decide what food choices are available? This must be a Seoul-concentrated crowd that assumes the rest of Korea is just like Seoul, with a variety of restaurants. Not true. Not everyone rolls out of bed and looks out their window and sees the Hamilton Hotel or Gangnam Station.
There are many cities and towns in Korea where 99% of the available restaurant choices are only small Korean restaurants. The larger chains had just started to penetrate many of those markets. |
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Weigookin74
Joined: 26 Oct 2009
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| Posted: Wed May 29, 2013 8:43 pm Post subject: |
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| NilesQ wrote: |
What do small, independently owned businesses that are popular become? Large chains!
There was a day when there was one McDonald's. It was popular so they expanded. If big chains start to fail consumers to the point that they're willing to pay for something else, small, independently owned shops will come back.
The businesses that really lost out on this are the wholesalers and distributers. All a large retailer really is, is a wholesaler and store operator in one. They cut out the middle man and buy directly from the manufacturers. It really is an open and democratic system. I can go buy stock in most major retailers. Try going into a mom and pop joint and tell them you want to share in their profits!
Corporations arent evil. they are very predictable - the will always behave in a manner that their management believes will maximize shareholder wealth. |
Mom and pops can't buy directly from the farm; they must go through wholesalers and distributors first. Korean way, with layers of costs to go with it. |
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Weigookin74
Joined: 26 Oct 2009
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| Posted: Wed May 29, 2013 8:54 pm Post subject: |
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| young_clinton wrote: |
| NilesQ wrote: |
Corporations arent evil. they are very predictable - the will always behave in a manner that their management believes will maximize shareholder wealth. |
They should have to a certain extent, because people rely on stocks for their livelihood after they are not working anymore.
Also in defense of McDonald's in the USA, when I'm getting paid 7.50 an hour or maybe a little more, where else am I going to get a lunch for $1.00 US? That's the main reason these restaurants are so popular in the first place. |
I had heard Wal mart saves the average family 3 or 4 thousand a year compared to shopping at smaller stores in America. Guess I have a love hate relationship with big companies. But small companies back home definately have better service and producats. Here it seems they want to charge the highest price, offer the lowest quality product, and make as much money as quickly as possible. Applies to health clubs, many hakwons, marts, restuarants, etc. Some of these of course are external. I believe it's more difficult to get a bank loan here and the government had traditionally tried to prevent importing. I wish I had an F visa and cash saved up. I'd definately blow away my competition. I think Korean people do actually like quality and service; they just have no choice because the smaller companies collectively offer the same crud. (SOme exceptions, of course) Partly why they buy from Chaebols more. But if the government encouraged small business to up its quality without these ridiculous rules (closing on sunday, etc), there'd be a higher success rate. |
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atwood
Joined: 26 Dec 2009
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| Posted: Sat Jun 01, 2013 6:54 pm Post subject: |
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It may not be the chains that are hurting the mom and pops:
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Officials from the Dongjak-gu Office forcibly expelled illegal vendors of the snack from the area several times earlier this year. However, the vendors keep returning and continue to do business there.
Han Kyung-hee, 46, a cupbap vender, said she usually sells 50 bowls of the dish each day. |
http://www.koreatimes.co.kr/www/news/nation/2013/06/116_136704.html |
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