Question

Although china has a strong appreciation for tradition and its rich history of​ culture, it highly values enduring relationships and​ connections, referred to as guanxi in the video. It is also willing to exert patience in business deals and take time during​ negotiations, which demonstrates that china has​ a(n) ________.
a. ​low-context culture
b. Environmental sensitivity
c. ​short-term orientation
d. ​long-term orientation
e. Low uncertainty avoidance

Answer 1

Correct answer is D, Long Term Orientation.

Chinese people are strongly bounded by their culture. They highly value the long term relationships and connections. They also exert patience in conducting their businesses. They take good time to patiently do the negotiations while making the deals with others.

All such qualities in the Chinese lead to the fact that they want long lasting relationships and connections with the partners in business. This is called as Guanxi.

Answer 2

The answer is: d. long-term orientation

"Guanxi" means "connection" or "networking" and is a long business tradition in the Chinese culture. It involves trust. Because personal and mutual trust is built in time, this demonstrates that China has a long-term orientation.