Managing International Business in Relation-Based versus Rule-Based Countries
| By: | Shaomin Li |
| Publisher: | Business Expert Press LLC |
| Print ISBN: | 9781606490846 |
| eText ISBN: | 9781606490853 |
| Edition: | 0 |
| Copyright: | 2011 |
| Format: | Page Fidelity |
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This book dispels these myths and shows that people rely on the relation-based system not owing to specific cultural factors, but because of the stage of development in these countries. When the market is limited in scale and informal networks are thick, the relation-based system can be quite effective and efficient.