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Guanxi Is an Important Mechanism for Building Long-Term Business Relationships

question 54

True/False

Guanxi is an important mechanism for building long-term business relationships and getting business done in China.

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Definitions:

Self-Regulation

The ability to control one's behavior, emotions, and thoughts, aiming towards long-term goals.

Monitor Oneself

The practice of observing and regulating one's own behavior, emotions, or thoughts.

Awareness Of Standards

The recognition and understanding of the benchmarks or criteria set within a specific domain, guiding behavior and performance evaluation.

Automatic System

A cognitive system that operates in an effortless, fast, and automatic manner, without the need for conscious control.

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