International Business Negotiations
Damage control refers to the strategies and actions taken by organizations to mitigate negative impacts arising from crises, scandals, or controversies. In the context of international business relations, effective damage control is crucial as it helps companies manage their reputation, maintain stakeholder trust, and navigate the complexities introduced by social media's rapid dissemination of information. The ability to respond swiftly and appropriately to potential threats is essential for sustaining long-term relationships in a global marketplace.
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