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Case study Reread the Management Focus on “China and Its Guanxi”, available in your e-book (page no.110) and answer the follow questions: Assignment Question(s):(Marks: 5) Why do you think it is so important to cultivate guanxi and guanxiwang in China? (Mark:1)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?(Marks:2)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?(Marks:2)
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