Assignment 6 Coursework Example | Topics and Well Written Essays - 250 words

Assignment 6 - Coursework Example Thus, Americans need a good understanding of Islamic religion and culture in order to operate effectively in such regions. 2. 6- A) Guanxi refers to relationship networks supported by reciprocation known as connections. On the other hand, guanxiwang is referred to as â€Å"relationship network.† These are very important in business since they help to create a network that can help sustain a business. In other words, it helps build long term relationship or bond between the business and its targeted consumers (Ridley, 254). B) The experience of DMG tells us that connections that emanate from what is known as guanxi determine the way things work in China. The connections spell the relationships that exist but the case of Dan Mintz shows that he found a way around them to get things done. This strategy may be helpful in creating new connections especially by going over the existing relations in order to create new connections. C) The ethical issues that are likely to arise when drawing upon guanxiwang to get things done in China involve elements of truthfulness and honest when conducting business. More emphasis is put on personal relationships. However, there are some limits of using guanxiwang for a Western business committed to high ethical standards given that focus is on relationships while western cultures stress the importance of