1. Definitions of Corporate Social Responsibility recognise that? a) Business ethics is a complex issue that can be interpreted in different ways b) The natural environment should be the main focus of CSR activities c) Companies have a responsibility for their impact on society and environment d) Companies should focus on serving shareholders in order to benefit others 2. Economists divide the factors of production into four categories of productive resources: Land, Labor, Capital and which of the following? a) Entrepreneurship b) Infrastructure c) Technology d) Industry 3. What would you use the PESTEL framework for? a) To identify strengths and weaknesses b) To identify external threats and opportunities c) To identify competitive advantages d) To identify core competencies 4. A weak pound would result in UK imports of materials being more expensive for UK based firms? a) True b) False