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

Author:   Li Shaomin
Publisher:   Business Expert Press
ISBN:  

9781606490846


Pages:   200
Publication Date:   16 February 2010
Format:   Paperback
Availability:   Out of print, replaced by POD   Availability explained
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Managing International Business in Relation-Based versus Rule-Based Countries


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Overview

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.

Full Product Details

Author:   Li Shaomin
Publisher:   Business Expert Press
Imprint:   Business Expert Press
Dimensions:   Width: 15.30cm , Height: 0.90cm , Length: 23.10cm
Weight:   0.240kg
ISBN:  

9781606490846


ISBN 10:   1606490842
Pages:   200
Publication Date:   16 February 2010
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   No Longer Our Product
Availability:   Out of print, replaced by POD   Availability explained
We will order this item for you from a manufatured on demand supplier.

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Shaomin Li is the Haislip-Rorrer Fellow and Professor of International Business at Old Dominion University, Norfolk, Virginia, and Associate Editor for Corporate Governance: An International Review.

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