case study questions international business 5

Reread the Management Focus on â€œChina and Its Guanxiâ€, available in your e-book (page no.110) and answer the follow questions:

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Assignment Question(s)

Why do you think it is so important to cultivate guanxi and guanxiwang in China?
What does the experience of DMG tell us about the way things work in China? What would likely happen to a business that obeyed all the rules and regulations, rather than trying to find a way around them as Dan Mintz does?
What ethical issues might arise when drawing on 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?

Instructions

Students must mention question number clearly in their answer.
Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
The answer to every question must not be less than 100 words
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