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Chapter Objectives
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After reading this chapter, you should have a good understanding of:
  1. The effects of globalization and business ethics on today's organizations and on the nature of competition.


  2. The sources of national advantage; that is, why an industry in a given country is more (or less) successful than the same industry in another country


  3. The potential benefits and risks of international expansion


  4. The vital role of corporate governance and stakeholder management as well as how "symbiosis" can be achieved among an organization's stakeholders


  5. The importance of social responsibility including environmental sustainability.







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