One of the most important factors in forming a successful venture in China is guanxi, which means ________.
A) bribing the government officials
B) manufacturing cheap products
C) personal relationships
D) following Confucianism

Question

Quizplus · Accepted Answer

Guanxi refers to the importance of building personal relationships and networks in China. It involves creating a sense of trust and mutual obligation between individuals or groups, which can facilitate business transactions and other activities. Bribing government officials or manufacturing cheap products are not ethical or sustainable ways to build a successful venture in China. While Confucianism does emphasize social harmony and respect for authority, it is not directly related to guanxi.

One of the Most Important Factors in Forming a Successful