Multiple choice

Question 1 

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 2  

The __________ should elaborate a purpose for the organization. 

A. vision 

B. competitive strategy 

C. mission 

D. strategy 

Question 3 

A __________ statement is a statement of what specific organizational units do and what they hope to accomplish. 

A. vision 

B. strategy 

C. technology 

D. mission 

Question 4  

The competitive advantage perspective that focuses on structural forces within an industry, the competitive environment of firms, and how these influence competitive advantage is the __________ view. 

A. industrial-organizational 

B. resource-based 

C. guerilla 

D. structured-competitive