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In Chapter 3 we learned of the concept of "guanxi".In the Chinese business world,guanxi is understood as the network of relationships among various parties that cooperate together and support one another.In essence,this boils down to exchanging favours,which are expected to be done regularly and voluntarily.Which philosophical approach to ethics would this reflect?
Magnetic Stripe
A strip of magnetic tape used to store data, commonly found on the back of cards such as credit and debit cards, allowing them to be read by swiping through a magnetic reading device.
Backward Compatibility
The ability of a system or technology to work with older legacy systems, or accept input designed for an older system.
Affiliate Marketing
A marketing arrangement by which an online retailer pays commission to an external website for traffic or sales generated from its referrals.
Electronic Tendering
The process of conducting the entire tendering cycle online, including document submission, bid evaluation, and the awarding of contracts, to streamline procurement processes.
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