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How to answer this 5 questions A traditional business model is one: A) which is very rare. B) which is the basis of only a
How to answer this 5 questions
A traditional business model is one: A) which is very rare. B) which is the basis of only a few companies. c) in which the central strategy for creating value is based on meeting market demands. D) in which the central strategy for creating value is based on mitigating social problems. In terms of the spectrum of responses to social demands, which of the following is an expansive response? A) Obey the law, deny further obligations, make a profit. B) Obey the law, respond to pressures, accept some added duties. C) Anticipate new demands, respond to pressures, make a profit. Anticipate new demands, alter behavior before any pressure, make CSR a competitive weapon. Which of the following statements about a CSR review is false? A) It can begin with a definition of CSR to provide a focus. B) It explores regulatory requirements, but cannot examine competitors' initiatives. C) It involves a discovery of core values. D) It involves an engagement of stakeholders to reveal expectations in society. A strategy A) is a basic approach or plan for achieving an objective. B) shows the relationship of stakeholders to a firm. C) is a brief statement of the basic purpose of an organization. D) is the implementation of an immediate action for achieving an objective. At most companies, corporate social responsibility is still and largely to core business strategies. A) essential; fundamental B) circumstantial; intentional C) incidental; supplemental D) supplemental; incidental Step by Step Solution
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