Multiple choice

Question 1 

Companies such as Google and Apple are finding that they can achieve a sustainable competitive advantage with:

A. physical assets.    

B. physical distance.    

C. non physical assets.    

D. vanishing distance.    

Question 2 

Corporate social responsibility (CSR) is the obligation of __________ to make decisions and act in ways that recognize the interrelatedness of business and society.

A. competitors    

B. stakeholders    

C. community    

D. organizational decision makers    

Question 3 

The traditional view of social responsibility states that corporations:

A. should exist only to represent the stockholders.    

B. must represent all stakeholder groups.    

C. should operate on the basis of their suppliers' interests.    

D. function as a measure of consumer behavior.    

Question 4 

The __________ should elaborate a purpose for the organization.

A. vision    

B. competitive strategy    

C. mission    

D. strategy