Traditional Culture Shapes Modern Business Practices: Lessons from Ancient Chinese Merchants.
The article discusses how traditional culture influenced the commercial practices of Shanxi and Huizhou merchants during the Ming and Qing Dynasties in China. The researchers compared the management styles and incentive systems of these two merchant groups. They found that Shanxi merchants had a different approach to managing orders and implementing rules compared to Huizhou merchants. These differences in management strategies and incentive mechanisms can offer valuable insights for modern businesses and economic development.