Answer:
In Japan, business relations operate within the context of WA which stresses group harmony and social cohesion
In China, business behavior revolves around GUANXI or personal relations
In South Korea, activities involve concern for INHWA, or harmony based on respect of hierarchical relationships, including obedience to authority.
Explanation:
Wa, Guanxi and Inhwa are principles of management in Japan, China and Korea respectively.
WA as practiced by the Japanese involves sacrificing individual goals and prioritizing working together in groups. People cooperate with, and are loyal to each other to attain group goals.
The Chinese practice GUANXI by forming a network of informal and personal relationships or friendships between each other to obtain favors and benefits
INHWA as practiced by the Koreans focuses on relationship between people with unequal status in society. It demands loyalty from subordinates to their superiors and also that superiors show concern for their subordinates' well-being.
