Multiple choice

Question 1  

__________ is defined as a structured transition in what an organization does and how it does it. 

A. Strategy 

B. Strategic management 

C. Organizational change 

D. Globalization 

Question 2  

Instant interactivity reflects the environment of: 

A. reduced need for physical assets. 

B. compressed time. 

C. vanishing distance. 

D. constant change. 

Question 3  

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 4  

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