Identifying the right growth strategy is critical for building a world-class business

And since resource providers cannot rely on the enforcement of contracts in emerging markets, good governance – organizational mechanisms that ensure that a company lives up to its commitments to investors, customers, employees and business partners – allow an organization to ultimately acquire a reputation that is invaluable in all its dealings with constituents. It can, for instance, allow a copmpany to access the best resources at the lowest cost.

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Source:- IIPM Editorial

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