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Managing International Business in Relation-Based Versus Rule-Based Countries - Shaomin Li

Managing International Business in Relation-Based Versus Rule-Based Countries

Paperback Published: 1st December 2009
ISBN: 9781606490846
Number Of Pages: 156

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Most executives and business students are familiar with how the rule-based system functions; few understand how relation-based system works (which accounts for the majority of the countries in the world). Many dismiss it as backwards and attribute it to cultural traditions and norms (such as the Chinese guanxi tradition). This book dispels these myths and shows that people rely on the relation-based system not owing to specific cultural factors, but because of the stage of development in these countries. When the market is limited in scale and informal networks are thick, the relation-based system can be quite effective and efficient. The author applies this line of thinking to explain why business practices differ and how business people should interact across the two governance systems.

ISBN: 9781606490846
ISBN-10: 1606490842
Audience: General
Format: Paperback
Language: English
Number Of Pages: 156
Published: 1st December 2009
Publisher: Business Expert Press
Country of Publication: US
Dimensions (cm): 22.86 x 15.24  x 0.84
Weight (kg): 0.22
Edition Number: 1