The transition from socialist or communist economy to market economy in many countries has been dramatic, unpredictable, and mostly on the surface, observable in new consumption patterns or higher standards of living. But deeper change in the managerial mindset in these new market economies has been much slower and less evident. It is crucial to business success for foreign managers to understand their transition economy counterparts. This book examines the interactions that foreign and transition economy managers have in building business relationships, the influences behind those interactions, how the interactions themselves change over time, and how to manage the process of building relationships more smoothly.
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Helps foreign managers working in transition economies and their host-country counterparts to understand the nature of change they have encountered, and will experience, in transition economies and to manage the process of building relationships more smoothly.
NANCY K. NAPIER is Executive Director of the Global Business Consortium and Professor of International Business and Management at Boise State University.
DAVID C. THOMAS is Professor of International Management and Area Coordinator of International Business at Simon Fraser University in Canada.
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