One of the Most Important Factors in Forming a Successful

question 98

Multiple Choice

One of the most important factors in forming a successful venture in China is guanxi, which means ________.

• A) bribing the government officials
• B) manufacturing cheap products
• C) personal relationships
• D) following Confucianism

---

Definitions:

Layoffs

The termination of employment for a group of employees, often due to economic downturns, organizational restructuring, or cost-cutting measures.

Outcome Fairness

A judgment that the consequences given to employees are just.

Procedural Justice

A judgment that fair methods were used to determine the consequences an employee receives.

Interactional Justice

A judgment that the organization carried out its actions in a way that took the employee's feelings into account.