Managing International Business in Relation-Based versus Rule-Based Countries

Download or read book Managing International Business in Relation-Based versus Rule-Based Countries written by Shaomin Li and published by Business Expert Press. This book was released on 2009-12-25 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.