Homework
Learning Outcomes:
i. Analyse the effects of culture, politics and economic systems in the context of international business.
ii. Carry out effective self-evaluation through discussing economic systems in the international business context.
iii. Explain the forces driving and evaluate the impact of globalization.
Case study
Read the Management Focus on "China and Its Guanxi" and answer the follow questions:
i. Why do you think it is so important to cultivate guanxi and guanxiwang in China?
ii. What does the experience of DMG tell us about the way things work in China? What would likely happen to a business that obeyed all the rules and regulations, rather than trying to find a way around them as Dan Mintz does?
iii. What ethical issues might arise when drawing on guanxiwang to get things done in China? What does this suggest about the limits of using guanxiwang for a Western business committed to high ethical standards?
Format your homework according to the give formatting requirements:
1. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.
Attachment:- Case-Study.rar