concept   market transactions
culture   East Asia
statement   Market transactions in East Asia emphasize formality, respect, and may involve guanxi and non-negotiable prices.

2 similar statements
# Concept Culture Statement Freq.
1 market transactions East Asia Market transactions are often carried out with a high degree of formality and respect, and prices are typically non-negotiable. 1
2 market transactions East Asia Market transactions may involve the concept of guanxi, where personal connections and relationships play a significant role in business dealings. 1