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Global Business Today 8th Edition by Charles Hill
Edition 8ISBN: 978-0077801922Global Business Today 8th Edition by Charles Hill
Edition 8ISBN: 978-0077801922 Exercise 20
Reread the Management Focus on DMG-Shanghai and answer the follow questions:
a. Why do you think it is so important to cultivate guanxi and guanxiwang in China?
b. What does the experience of DMG tells us about the way things work in China? What would likely happen to a business that obeyed all of the rules and regulations, rather than trying to find a way around them as Dan Mintz apparently does?
c. What are the ethical issues that might arise when drawing upon guanxiwang to get things done in China? What does this suggest about the limits of using guanxiwang for a Western business committed to high ethical standards?
a. Why do you think it is so important to cultivate guanxi and guanxiwang in China?
b. What does the experience of DMG tells us about the way things work in China? What would likely happen to a business that obeyed all of the rules and regulations, rather than trying to find a way around them as Dan Mintz apparently does?
c. What are the ethical issues that might arise when drawing upon guanxiwang to get things done in China? What does this suggest about the limits of using guanxiwang for a Western business committed to high ethical standards?
Explanation
Verified
Verified
a) It is important to developed Gaunxi (...
Global Business Today 8th Edition by Charles Hill
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