American business firms will only be successful in China if they master the practice of guanxi.

Name: American business firms will only be successful in China if they master the practice of guanxi.
Brand: Quizplus
Rating: 4.7 (39 reviews)

Question

Quizplus · Accepted Answer

While mastering guanxi (building networks and relationships) is important for success in China, it is not the only factor. Success also depends on understanding local regulations, market trends, consumer behavior, and other strategic considerations.

American Business Firms Will Only Be Successful in China If