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What is the phase model of globalization? Identify the factors that have allowed companies to follow different paths to globalization. Also, explain the nature of a global new venture. Comment on the extent to which it is likely that this latter approach to globalization will increase.
Public Company Accounting Oversight Board
A nonprofit organization established by Congress to oversee the audits of public companies in order to protect the interests of investors and further the public interest in the preparation of informative, accurate, and independent audit reports.
Financial Misconduct
Engaging in wrongful or fraudulent activities related to monetary transactions or financial management.
Kohlberg
A psychologist best known for his theory of moral development, which proposed stages through which individuals progress in their ability to make ethical decisions.
Preconventional Level
The first level of Kohlberg's stages of moral development, where moral reasoning is based on rewards and punishments.
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