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The globalised supply chain is strongly shaping both the production and the consumption of products in different markets as the international markets have been (or are being) liberalised and deregulated. In this light, very often businesses source their materials or products from developing and/or transitioning countries in order to reduce their production and distribution costs. Consequentially, there may be perceived shortcomings in the companies’ procurement of materials and products as well as their supply chain’s regulatory capacity. At the same time, many stakeholders including consumers are increasingly inquiring on the regulation of unwanted economic, social and environmental side-effects of low-cost production. This is a globalisation phenomenon that has triggered new views on the firms’ responsible supply chain management and genuine stakeholder engagement.
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- Responsible Supply Chain Management and Stakeholder Engagement for Corporate Reputation
Mark Anthony Camilleri
- Chapter 5
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