the concept of guanxi. How did McDoanald's lack of guanxi affect Its operations inChina.
1) Guanxi(꽌시)의 개념
한자로 關係(관계)라 표기되는 ‘꽌시’는 개인적인 힘(Personal Power), 인간관계 (Relationship), 인맥(Connection) 등을 의미한다. 비즈니스를 함에 있어 인간관계는 어느 나라에서나 중요시되는 요소이지
of his “vacation diplomacy ” an endeavor toincrease Taiwan’s visibility and status intheinternational arena through unofficial visitsto various countries. China also felt betrayed by the U.S., who publicly supported the One-China policy since the two countries normalized relations in 1972.
Beijing reacted by taking both diplomatic and military measures. In June, it recalled its ambassa
Florida; Baton Rouge Metropolitan Airport; and, soon, Greensboro, North Carolina. The Canadian hub operates from Toronto Pearson International Airport. Due for completion in 2008 isthe new Asian-Pacific Superhub in Guangzhou Baiyun International Airport in Southern China; replacing FedEx Express' current hub in Subic Bay, Phillipines andincreasing service levels and demands in Southern Asia.
the road today.
As a company producing high class automobiles, BMW operates in a segment that grows faster than the general automotive market. Today, one out of ten automobiles sold is a premium vehicle, andthe numbers are expected to take off. BMW shows promising performance in key markets. 21.1 % of BMW automobiles are sold inthe US, 5.3% inChina, 19.6% in Germany and 10.6 inthe UK. BMW
the April 2010. In respond, China's central bank said it would raise the amount of money that lenders must keep in reserve as official concerns persist over inflation and rising housing costs. Especially, China carried out its fourth reserve ratio requirement rising in 2011. Also chinais recollecting its large amount ofthe circulative fund in order to solve theinflation and real estate market