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Guanxi
''Guanxi'' () is a term used in Chinese culture to describe an individual's social network of mutually beneficial personal and business relationships. The character ''guan'', 关, means "closed" and "caring" while the character ''xi'' 系 means "system" and together the term refers to a closed caring system of relationships that is somewhat analogous to the term old boy's network in the West. In Western media, the pinyin romanization ''guanxi'' is more widely used than common translations such as "connections" or "relationships" because those terms do not capture the significance of a person's ''guanxi'' to most personal and business dealings in China. Unlike in the West, ''guanxi'' relationships are almost never established purely through formal meetings but must also include spending time to get to know each other during tea sessions, dinner banquets, or other personal meetings. Essentially, ''guanxi'' requires a personal bond before any business relationship can develop. As ...
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Ganqing
''Ganqing'' () literally means "feel" (''Gǎn'', 感) "affection" (''Qíng'', 情) and together the term is often translated as "feelings" or "emotional attachment". ''Ganqing'' refers to a friendship-like feeling that develops between two people, groups, or business partners as their relationship deepens. ''Ganqing'' is an important concept in social relations in Chinese culture that has roots in Confucianism, and is a sub-dimension to the concept of ''guanxi'' (a person's relationship network). Developing good ''ganqing'' is a critical aspect of building ''guanxi'' relationships. Good ''ganqing'' means that two people have developed a rapport, while deep ''ganqing'' means there is a considerable emotional bond within the relationship. ''Ganqing'' can also refer as "love affair" in Chinese. The term ''ganqing'' is often used in comments by the government of the People's Republic of China The government of the People's Republic of China is based on a system of people's congres ...
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Chinese Culture
Chinese culture () is one of the Cradle of civilization#Ancient China, world's earliest cultures, said to originate five thousand years ago. The culture prevails across a large geographical region in East Asia called the Sinosphere as a whole and is extremely diverse, with customs and traditions varying greatly between regions. The terms 'China' and the geographical landmass of 'China' have shifted across the centuries, before the name 'China' became commonplace. Chinese civilization is historically considered a dominant culture of East Asia. Chinese culture exerted profound influence on the philosophy, customs, politics, and traditions of Asia. Chinese characters, Chinese ceramics, ceramics, Chinese architecture, architecture, Chinese music, music, History of Chinese dance, dance, Chinese literature, literature, Chinese martial arts, martial arts, Chinese cuisine, cuisine, Chinese art, arts, Chinese philosophy, philosophy, etiquette, Religion in China, religion, Legalism (Chin ...
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Social Capital
Social capital is a concept used in sociology and economics to define networks of relationships which are productive towards advancing the goals of individuals and groups. It involves the effective functioning of social groups through interpersonal relationships, a shared sense of identity, a shared understanding, shared norms, shared values, trust, cooperation, and reciprocity. Some have described it as a form of capital that produces public goods for a common purpose, although this does not align with how it has been measured. Social capital has been used to explain the improved performance of diverse groups, the growth of entrepreneurial firms, superior managerial performance, enhanced supply chain relations, the value derived from strategic alliances, and the evolution of communities. History While it has been suggested that the term ''social capital'' was in intermittent use from about 1890, before becoming widely used in the late 1990s, the earliest credited us ...
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Bamboo Network
The bamboo network () or the Chinese Commonwealth () is used to conceptualize the links between businesses run by overseas Chinese in Southeast Asia (in a narrower sense with the Min Chinese speaking community). It links the overseas Chinese business community of Southeast Asia, namely Malaysia, Indonesia, Singapore, Thailand, Vietnam, the Philippines, Myanmar, Brunei, Laos and Cambodia with the economies of Greater China (mainland China, Hong Kong, Macau, and Taiwan). Overseas Chinese companies in Southeast Asia are usually managed as family businesses in a centralized bureaucratic manner. In an article in The New York Review of Books, Indian critic Pankaj Mishra called it the "largest economic force in Asia outside of Japan". Structure Overseas Chinese businesses in Southeast Asia are usually family owned and managed through a centralized bureaucracy.Pablos (2008), p. 205.Yen (2008), p. 325. The businesses are usually managed as family businesses to lower front office transact ...
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Imperialism
Imperialism is the maintaining and extending of Power (international relations), power over foreign nations, particularly through expansionism, employing both hard power (military and economic power) and soft power (diplomatic power and cultural imperialism). Imperialism focuses on establishing or maintaining hegemony and a more formal empire. While related to the concept of colonialism, imperialism is a distinct concept that can apply to other forms of expansion and many forms of government. Etymology and usage The word ''imperialism'' was derived from the Latin word , which means 'to command', 'to be sovereign', or simply 'to rule'. It was coined in the 19th century to decry Napoleon III's despotic militarism and his attempts at obtaining political support through foreign military interventions. The term became common in the current sense in Great Britain during the 1870s; by the 1880s it was used with a positive connotation. By the end of the 19th century, the term was use ...
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Open Market
The term open market is used generally to refer to an economic situation close to free trade. In a more specific, technical sense, the term refers to interbank trade in securities. In economic theory Economists judge the "openness" of markets according to the amount of government regulation of those markets, the scope for competition, and the absence or presence of local cultural customs which get in the way of trade. In principle, a fully open market is a completely free market in which all economic actors can trade without any external constraint. In reality, few markets exist which are open to that extent, since they usually cannot operate without an enforceable legal framework for trade which guarantees security of property, the fulfillment of contractual obligations associated with transactions, and the prevention of cheating. A physical open market is a space where anyone wishing to trade physical goods may do so free of selling charges and taxes, and has come to be regar ...
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Corporate Corruption
In criminology, corporate crime refers to crimes committed either by a corporation (i.e., a business entity having a separate legal personality from the natural persons that manage its activities), or by individuals acting on behalf of a corporation or other business entity (see vicarious liability and corporate liability). For the worst corporate crimes, corporations may face judicial dissolution, sometimes called the "corporate death penalty", which is a legal procedure in which a corporation is forced to dissolve or cease to exist. Some negative behaviours by corporations may not actually be criminal; laws vary between jurisdictions. For example, some jurisdictions allow insider trading. Corporate crime overlaps with: * white-collar crime, because the majority of individuals who may act as or represent the interests of the corporation are white-collar professionals; * organized crime, because criminals may set up corporations either for the purposes of crime or as vehicles ...
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Bureaucratic
Bureaucracy ( ) is a system of organization where laws or regulatory authority are implemented by civil servants or non-elected officials (most of the time). Historically, a bureaucracy was a government administration managed by departments staffed with non-elected officials. Today, bureaucracy is the administrative system governing any large institution, whether publicly owned or privately owned. The public administration in many jurisdictions is an example of bureaucracy, as is any centralized hierarchical structure of an institution, including corporations, societies, nonprofit organizations, and clubs. There are two key dilemmas in bureaucracy. The first dilemma relates to whether bureaucrats should be autonomous or directly accountable to their political masters. The second dilemma relates to bureaucrats' responsibility to follow preset rules, and what degree of latitude they may have to determine appropriate solutions for circumstances that are unaccounted for in advanc ...
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Patronage
Patronage is the support, encouragement, privilege, or financial aid that an organization or individual bestows on another. In the history of art, art patronage refers to the support that princes, popes, and other wealthy and influential people have provided to artists such as musicians, painters, and sculptors. It can also refer to the right of bestowing offices or church benefices, the business given to a store by a regular customer, and the guardianship of saints. The word ''patron'' derives from the Latin ('patron'), one who gives benefits to his clients (see patronage in ancient Rome). In some countries, the term is used to describe political patronage or patronal politics, which is the use of state resources to reward individuals for their electoral support. Some patronage systems are legal, as in the Canadian tradition of the prime minister appointing senators and the heads of a number of commissions and agencies; in many cases, these appointments go to people who ha ...
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Cultural Competency
Cultural competence, also known as intercultural competence, is a range of cognitive, affective, behavioral, and linguistic skills that lead to effective and appropriate communication with people of other cultures. Intercultural or cross-cultural education are terms used for the training to achieve cultural competence. Introduction According to UNESCO, intercultural competence involves a combination of skills, attitudes, and knowledge that enables individuals to navigate cultural differences and build meaningful relationships. UNESCO emphasizes that developing these competencies is essential for promoting peace, tolerance, and inclusion in diverse societies. References Effective intercultural communication comprises behaviors that accomplish the desired goals of the interaction and parties involved. It includes behaviors that suit cultural expectations, situational characteristics, and characteristics of relationship. Characteristics Individuals who are effective and app ...
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Social Ties
In social network analysis and mathematical sociology, interpersonal ties are defined as information-carrying connections between people. Interpersonal ties, generally, come in three varieties: ''strong'', ''weak'' or ''absent''. Weak social ties, it is argued, are responsible for the majority of the embeddedness and structure of social networks in society as well as the transmission of information through these networks. Specifically, more novel information flows to individuals through weak rather than strong ties. Because our close friends tend to move in the same circles that we do, the information they receive overlaps considerably with what we already know. Acquaintances, by contrast, know people that we do not, and thus receive more novel information. Included in the definition of ''absent ties'', according to the American sociologist Mark Granovetter, are those relationships (or ties) without substantial significance, such as "nodding" relationships between people livin ...
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Filial Piety
Filial piety is the virtue of exhibiting love and respect for one's parents, elders, and ancestors, particularly within the context of Confucian ethics, Confucian, Chinese Buddhism, Chinese Buddhist ethics, Buddhist, and Daoism, Daoist ethics. The Confucian ''Classic of Filial Piety'', thought to be written around the late Warring States-Qin dynasty, Qin-Han dynasty, Han period, has historically been the authoritative source on the Confucian tenet of filial piety. The book—a purported dialogue between Confucius and his student Zengzi—is about how to set up a good society using the principle of filial piety. Filial piety is central to Confucian role ethics. In more general terms, filial piety means to be good to one's parents; to take care of one's parents; to engage in good conduct, not just towards parents but also outside the home so as to bring a good name to one's parents and ancestors; to show love, respect, and support; to display courtesy; to ensure male heirs; to uph ...
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