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Still, others may choose to offshore certain operations in order to stay competitive in their industry.
In the race to make more money or stay competitive in the world of globalization, firms need to take a step back and examine the full extent of their decisions. The choices they are making not only have an effect on the bottom line, but they also dramatically affect the lives of their loyal employees and their families, the community in which the business is located, as well as foreign workers and their nation. Firms must realize that product safety standards in developing nations are different from those standards in the United States...
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