The significant of 'GUANXI' towards contractors to endure in the Essay

The significant of 'GUANXI' towards contractors to endure in the construction industry - Essay Example There is one slight problem, however, which concerns business ethics and sense of fair play. When you work your way into the good graces of a client by establishing the personal connections of guanxi, you effectively shut out of this loop other contractors who are not into the practice, which is neither fair nor just. In addition, guanxi is often established by extending favors or giving gifts, which takes on the appearance of bribery and corruption. All the above postulates - the increasing interest of Western management scholars, the distinct significance of guanxi in the multi-faceted construction industry, the thin line that separates it from bribery and corruption - make guanxi an interesting study area for anyone seeking new management tools that could provide control and efficiency in an otherwise intractable industry. This is what Project Management in Construction is all about. Personal connections in guanxi are looked upon as a necessary condition for doing business successfully in China. The actors in the guanxi relationship may purposefully create or accidentally discover the affinity as they look for shared experiences to establish a common social identity. This then sets the stage for the guanxi interactions, which may be expressive or instrumental. Expressive interactions refer to socially oriented activities, while instrumental activities are pragmatic transactions and exchanges related to work and business. After the two persons become familiar through common bases, they proceed to engage in a wide variety of transactional activities to move from an outer to an inner circle. (3) 3. Relevance to the Course Guanxi has attracted the attention of Western management scholars who saw its rich potential as a business formula for success not only in China but elsewhere. This interest is evidenced by the frequent and copious mention of guanxi in popular and academic literature that no longer requires literal translations. There is a strong possibility that such fascination with the Chinese principle prompted the

Electronic Recruiting System Description Assignment

Electronic Recruiting System Description - Assignment Example EmployDIVERSITY, Inc. offer employers the job posting prices for members and non-members. A single job posting which will go online for 30 days is charged with $75.00. The company, however, offers more affordable packages for five or 10 or more job postings which charge recruiters $60.00 and $50.00 respectively for a one-month posting service (â€Å"Job Posting Rates,† n.d.). Basic and Plus membership plans, moreover, are offered for $199.00 and $499.00 per quarter accordingly with services like free 10 to unlimited jobs postings in the duration of four months as well as unlimited resume bank access, unlimited resume search agents, free corporate profile and a link to a corporate web site with specified user access for each (â€Å"Job Posting Rates,† n.d.). The site of JobMonkey, Inc., on the other hand, turns out to be more affordable for employers as it costs $5.00 less than the first company’s price and for a duration twice longer as the first while four and six-month-period single job postings are given for $117.00 and $156.00 respectively (â€Å"Post a Job,† n.d.). Additionally and on the contrary to the first, JobMonkey, Inc. offer non-standardized packages that are designed specifically to suit the individual company’s needs. Setting up of a company profile, banner advertising, and access to job seeker database services are also offered and for specified fees. Featured employer listing service which will be posted on their Featured Employer section which will be charged with a $300, $500, and $700-rate for a three, six and 12-month service period is also considerably advertised as the feature is seen to increase job seeker visits to the company’s employment webpage and thus, faster recruitment process (â€Å"Post a Job,† n.d.).