Exam 9: Strategy CSR

Mercedes-Benz operates on a ______ business strategy.

A firm's vision, mission, strategy, and tactics are broadly constrained in three ways.What are they and how do they constrain the firm?

Walmart's core competency is efficient distribution.

CSR can be viewed as ______.

The ______ determines how the organization is going to undertake its ______.

Define each of the following terms: vision, mission, strategy, and tactics.What is the relationship among them in relation to a firm's strategic planning process?

You own a small bakery and focus on developing highly skilled employees and baking the best, highest quality, and most tasty bakery items possible, with little regard for what other bakeries are doing.This best exemplifies the ______ perspective on business strategy.

The resources perspective on business strategy ______.

A company with a ______ is more vulnerable to CSR transgressions than a company with a ______.

Outline the industry perspective on business strategy.Choose an example industry and conduct an analysis of its competitive structure using Porter's Five Forces model.

Which of the following is a limitation of the resources perspective?

Which of the following does Porter's Five Forces Model NOT include?

Digital innovation has disrupted a number of industries.Which of the following firms have remained profitable?

IKEA's ______ statement is "To create a better everyday life for the many people."

The urgency with which corporate social responsibility policies are implemented depends on the perceived CSR threshold and the priority the issue holds for the firm's leaders.

The textbook states that companies can pursue an effective corporate social responsibility policy of either offense or defense.What does this mean? In your answer, provide detailed examples of both approaches.

Walmart most likely has a higher CSR threshold because ______.

What are the firm's most valuable resources or most innovative capabilities?

One of the reasons that Amazon is successful is that it has achieved a core competency in managing its ______.

In Jay Barney's model, VRIO stands for which four concepts?