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

Guanxi is a term in Chinese culture that refers to the development of personal relationships to build social networks and facilitate business dealings. It involves building trust, showing respect, and maintaining a positive reputation in order to establish long-term business relationships.

Which of the Following Is the Chinese Term for a Way