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Guanxi And Business (Third Edition) (Hardcover) Loot Price: R3,186
Discovery Miles 31 860
Guanxi And Business (Third Edition) (Hardcover): Yadong Luo

Guanxi And Business (Third Edition) (Hardcover)

Yadong Luo

Series: Asia-pacific Business Series, 10

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Loot Price R3,186 Discovery Miles 31 860 | Repayment Terms: R299 pm x 12*

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Interpersonal relationship (guanxi) is one of the major dynamics of Chinese society. Guanxi has been 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. In China's new, fast-paced business environment, guanxi has become more entrenched than ever, heavily influencing Chinese political landscapes, social behavior, and business practice.This book delineates social and cultural principles and philosophies underlying guanxi dynamics, along with guanxi's social norms that have been long embedded in the Chinese society. Although guanxi is embedded in almost every part of social life in China, companies demonstrate different needs and capacity toward guanxi cultivation. Chinese firms develop guanxi as a strategic mechanism to overcome competitive and resource disadvantages by cooperating and exchanging favors with government authorities and other stakeholders. This book presents an integrative framework about guanxi development according to institutional, strategic, and organizational factors. It further articulates how foreign firms adaptively develop their own legitimate and effective guanxi in China's highly dynamic and complex environment.Guanxi is really dynamic that its practices have been constantly changing and its normative and cognitive legitimacy is shifting as the social and economic structures in the society are drastically transforming. For this reason, this third edition of the book has added numerous new and emergent issues such as moral degradation and guanxi, qualitative and quantitative review of guanxi studies, and guanxi ties between organizations.

General

Imprint: World Scientific Publishing Co Pte Ltd
Country of origin: Singapore
Series: Asia-pacific Business Series, 10
Release date: May 2020
First published: 2020
Authors: Yadong Luo
Format: Hardcover
Pages: 400
ISBN-13: 978-981-12-1054-9
Categories: Books > Business & Economics > Business & management > General
LSN: 981-12-1054-3
Barcode: 9789811210549

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