| Chapter Objectives (See related pages)
After reading this chapter, you should have a good understanding of:
- The effects of globalization and business ethics on today's organizations and on the nature of competition.
- 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
- The potential benefits and risks of international expansion
- The vital role of corporate governance and stakeholder management as well as how "symbiosis" can be achieved among an organization's stakeholders
- The importance of social responsibility including environmental sustainability.
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