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Essay

Guanxi and Its Role in Chinese Business

Essay specific features

 

Issue:

Business

 

Written by:

Jeffrey A

 

Date added:

January 6, 2017

 

Level:

University

 

Grade:

A

 

No of pages / words:

6 / 1521

 

Was viewed:

8195 times

 

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Essay content:

The culture of guanxi is based on family, school, workplace, and social networks. Scholars have defined guanxi as a “special kind of personal relationship in which long-term mutual benefits are more important than short-term individual gain” (p. 191). No matter which way guanxi is defined, it is a huge part of the Chinese culture, and the way the Chinese people conduct business...
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Whereas, guanxiwang goes further than that; it refers to the network of exchange or transaction between two parties. As explained in the book, “Doing Business with China”, “Guanxiwang obtains when one set of separate, personal and total relationships between two individuals, A and B, and another set of such relationship between B and C are interlinked through the common agent, B, acting as a witness and facilitator...
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General issues of this essay:
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