Ask Question
BusinessBusiness
Today, 17:35

The Chinese concept of guanxi is an example of: a. In informal, cognitive institutions. b. a regulative, formal institution. c. a favorite cooking method of Chairman Mao. d. taken-for-granted approaches to friendship relations.

+2
Answers (1)
  1. Today, 18:40
    0
    The correct answer is letter "A": an informal, cognitive institutions.

    Explanation:

    In Chinese culture, guanxi refers to having good interpersonal skills with the purpose of being able to exchange favors with others. The favor return is actually an informal implication. The guanxi definitions extents to creating social networks based on good relationships with all the institutions involved.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The Chinese concept of guanxi is an example of: a. In informal, cognitive institutions. b. a regulative, formal institution. c. a favorite ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
How can an employer and job applicant benefit from a interview
Answers (1)
Dilution Solutions, Inc. repurchased 1,000 shares of its $1 par value common stock for $5,000. The journal entry to record this transaction includes a $5,000 to Treasury Stock.
Answers (1)
The listing and selling brokers agree to split a 7% commission fifty-fifty on a $96,900 lot sale. The listing broker is on a 30% commission and the broker working with the buyer will receive 35% of her side.
Answers (1)
Bobby, a single man, owned a building with a fair market value of $2,000,000. Bobby's adjusted basis in the building was $1,000,000. This year, Bobby agreed to sell the building to his adult sone, Robby for $1,300,000.
Answers (1)
Which businesses make up the extractive industry
Answers (1)
New Questions in Business
What is a market? A. A system that allows people or companies to buy and sell products and services B. The number of companies willing to manufacture a specific product C.
Answers (1)
Cecile is an avid cook and enjoys spending time in the kitchen as well as watching shows on the Food Network. She recently remodeled her kitchen and purchased new appliances.
Answers (1)
Shellshock do wheels affect your traction and speed
Answers (2)
Barber Company lends Monroe Company $40,000 on April 1, accepting a four-month, 6% interest note. Barber Company prepares financial statements on April 30. What adjusting entry should be made before the financial statements can be prepared?
Answers (1)
An outside broker locates a seller for a buyer representative's client. In this instance, the outside broker is acting as
Answers (1)
Home » Business » The Chinese concept of guanxi is an example of: a. In informal, cognitive institutions. b. a regulative, formal institution. c. a favorite cooking method of Chairman Mao. d. taken-for-granted approaches to friendship relations.
Sign Up Forgot Password?