Framing the decision-making model of the Chinese business with Feng-Shui concept

Article type: Research Article

Authors: Chen, Kou-Huang^a | Chang, William Li^b | Chih, I-Liang^b | Liao, Chin-Nung^{b; *}

Affiliations: [a] Department of Industrial Engineering and Management, China University of Science and Technology, Taipei, Taiwan, R.O.C. | [b] Department of Business Administration, China University of Science and Technology, Taipei, Taiwan, R.O.C.

Correspondence: [*] Corresponding author: Chin-Nung Liao, Department of Business Administration, China University of Science and Technology, No. 245, Sec. 3, Academia Rd., Nankang, Taipei, 115, Taiwan, R.O.C. Tel.: +886 2 27821862/Ext. 214; Fax: +886 2 27864984; lliao@cc.cust.edu.tw

Abstract: Feng-Shui has greatly impacted Chinese society andoften influences business decisions. This paper develops a decision making framework for Chinese businesses that follows the principles of Feng-Shui. This paper contributes to the academic literature by introducing a conceptual decision making model that includes a worldview, a strategy for risk avoidance and considering the environment impact, and a way to enhance the understanding of the impacts of Feng-Shui theory on Chinese business operations.

Keywords: Feng-Shui theory, Chinese business, decision maker, decision making

DOI: 10.3233/HSM-150840

Journal: Human Systems Management, vol. 34, no. 3, pp. 225-232, 2015