{"product_id":"2940012189967","title":"Managing International Business in Relation-Based versus Rule-Based Countries","description":"This book summarizes the research in the past 10 years on how different\u003cbr\u003egovernance environments at the national level affect business operations\u003cbr\u003eand management. Its primary audience includes executives who manage\u003cbr\u003ebusiness across borders. Readers interested in international political economy\u003cbr\u003eand comparative culture may also fi nd it intriguing.\u003cbr\u003eA country’s governance environment includes the political, economic,\u003cbr\u003eand social systems that facilitate or constrain the way fi rms and individuals\u003cbr\u003egovern their social exchanges and business activities. This book distinguishes\u003cbr\u003eand examines the two major governance environments in the\u003cbr\u003eworld, the rule-based system (conventionally called the “Western way”)\u003cbr\u003eand the relation-based system (the “Asian way”), and demonstrates that the\u003cbr\u003eAsian way does not come from cultural heritage, but rather it is a result of\u003cbr\u003ethe particular stage of political and economic development in which public\u003cbr\u003erules are not fair and effective. The author argues that contrary to the conventional\u003cbr\u003eview that dismisses the relation-based way as backward, it may be\u003cbr\u003eeffi cient under certain conditions. This book further shows that the success\u003cbr\u003eof the relation-based way is not primarily based on the family but on a\u003cbr\u003emore extended informal social network beyond the family.\u003cbr\u003eThis book discusses how business operations and investments are\u003cbr\u003eprotected and managed under relation-based governance and demonstrates\u003cbr\u003ethat some major management diffi culties and investment failures\u003cbr\u003ein international business that were previously puzzling can now be clearly\u003cbr\u003eexplained by the lack of understanding of the key features of relation-based\u003cbr\u003egovernance. This book concludes with discussions on the transition from\u003cbr\u003erelation-based to rule-based governance that many relation-based countries\u003cbr\u003eare going through, the special challenges of the transition, and how businesses\u003cbr\u003eand societies may successfully navigate through such a transition.","brand":"Business Expert Press","offers":[{"title":"Default Title","offer_id":47147416584432,"sku":"2940012189967","price":19.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/2940012189967_p0.jpg?v=1763553427","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/2940012189967","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}