Which of the following is the Chinese term for a way of doing business in which parties must first invest time and resources in getting to know one another and becoming comfortable with one another before consummating any important deal?

Question

Quizplus · Accepted Answer

The term for the described way of doing business is "Guanxi," which is a Chinese term that refers to the practice of building networks and relationships for mutual gain. It involves building trust and cultivating personal connections before engaging in business dealings.

Which of the Following Is the Chinese Term for a Way