Chinese family businesses
2 pages
(500 words)
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Chinese culture, insofar as it impacts on business operations, can be understood within the context of Confucian ideology, which places a premium on "the importance of society, the group, and hierarchical relationships within a society" (Ralston, Holt, & Terpstra, 1997, p.... ).... ... ... ... In this respect, Confucian concepts of filial piety, harmony and hierarchy, interpersonal relationships or 'guanxi', family and family, and face are important concepts that must be given consideration for a successful business in China, and with Chinese businessmen, in general.
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