Search the World's Largest Database of Information Science & Technology Terms & Definitions
InfInfoScipedia LogoScipedia
A Free Service of IGI Global Publishing House
Below please find a list of definitions for the term that
you selected from multiple scholarly research resources.

What is Guanxi Business Model

Chapter 3
Handbook of Research on the Complexities and Strategies of Occupational Stress
Guanxi (pronounced gwan' CHe) is a Chinese word meaning relationships. It is the term used in the business world which means connections or networks and it is used to facilitate deals and opportunities. Those with a lot of guanxi have more business opportunities and are in a better position to advance their business. Guanxi is entwined in the Confucian philosophy, that every person is part of an extended family, friends, and society that creates a congruent community. It also creates an obligation towards one another. In China, it is stated that the wheels of business are lubricated with guanxi.
Published in Chapter:
Individualism-Collectivism as Cultural Chasm: Workplace Stress and Cultural Syndrome
Harry Nejad (Yorkville University, Canada) and Fara Nejad (Athabasca University, Canada)
Copyright: © 2022 |Pages: 28
DOI: 10.4018/978-1-6684-3937-1.ch003
Abstract
The chapter provides a deeper understanding of the cross-cultural differences between Chinese and Western values and workplace practices caused by dissimilarities concerning cultural nonpareils known as individualist versus collectivist views. Appropriately, this chapter utilizes concepts from various disciplines to investigate the role of these cultural polars and workplace stressors that might be rooted in holding such a worldview in the work environment. Selected themes, such as self-expression, personal success versus group success, and models of workplace stress, are presented to substantiate such a claim concerning the cultural chasm. This chapter may potentially unfold new opportunities to learn more about the differences between Western and Chinese anthropology and business cultures. The insight can assist policymakers in drafting more viable policies that benefit communities globally and produce plans that benefit everyone. The finding can also help business minds excel in the global market economy.
Full Text Chapter Download: US $37.50 Add to Cart
eContent Pro Discount Banner
InfoSci OnDemandECP Editorial ServicesAGOSR