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 Korean culture and economic structure.In this assignment, you will read several peer-reviewed articles.Then, respond to the following:Write a six-to-eight-page paper in Word format. Utilize at least five to six scholarly sources in your research. Apply APA standards to citation of sources.Make sure you write in a clear, concise, and organized manner; demonstrate ethical scholarship in accurate representation and attribution of sources; and display accurate spelling, grammar, and punctuation.Purpose of ChaebolsChaebols Correlate the Strategies of South Korean Business. Positive and Negative Qualities for Local and Global EconomiesRole Chaebols play in the South Korean EconomyLGEs Human Resources StrategyAlliance with a Business Partner and BenefitsConclusionsReferences