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Guanxi And Business

Guanxi And Business

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Guanxi or interpersonal relationships is one of the major dynamics of Chinese society. A pervasive part of the Chinese business world for the last few centuries, it binds literally millions of Chinese firms into a social and business web. Any business in this society, including local firms and foreign investors and marketers, inevitably faces guanxi dynamics. In China's new, fast-paced business environment, guanxi has been more entrenched than ever, heavily influencing Chinese social behavior and business practice. However, as in other emerging economies, corruption in China is becoming more rampant, which makes guanxi and corruption often intermingled. As such, business executives need to place greater caution today in the practice and process of guanxi development and utilization. Due to the growing academic and practical interest in guanxi, this second edition provides a timely update to the systematic and vigorous exploration of the various social, economic, cultural, and business issues relating to the complex concept and practice of guanxi.

Details of Book

ISBN13: 9789812700469
ISBN10: 9812700463
Language: English
Publication Year: 2007
Format: Hardcover

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A note on book covers: while we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

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  • One Line Summary

    Insight into Chinese business culture and relationships.

  • Who is this book for?

    This book offers a fascinating dive into the intricate world of guanxi and its crucial role in Chinese business. If you're interested in understanding how relationships can influence success and navigate the fine line with corruption, this read provides valuable insights. It's a must-have for anyone engaging with or studying Chinese business practices.

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