Respect for human rights is a key to establishing market footholds in developing nations.

Question

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Many consumers in developing nations value companies that prioritize human rights and social responsibility, and may boycott or criticize companies that engage in unethical or exploitative practices. As a result, establishing respect for human rights can help companies build trust with local communities and gain a foothold in developing markets. Additionally, some countries have laws or regulations mandating human rights standards for companies operating within their borders, making respect for human rights a legal requirement for market access.

Respect for Human Rights Is a Key to Establishing Market