Differentiate between three types of social issues: generic, value chain, and social dimensions of competitive context.
What will be an ideal response?
Generic social issues are those do not significantly affect the corporation but are important to society.
Value chain social issues are significantly affected by the corporation as it carries out business. Lastly,
social dimensions of competitive context are "factors in the external environment that significantly affect
the underlying drivers of competitiveness in those places where the company operates."
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How can firms promote ethical behavior among their employees?
What will be an ideal response?
A company producing standardized products for its customers can be more conservative in its pricing strategy than a company producing custom-designed items
Indicate whether the statement is true or false
If you know the ________ of a verb (the verb itself, the past tense, and the past participle), you can make up all six verb tenses presented in this unit
Fill in the blank(s) with correct word
Visualization:
A. uses statistical and other quantitative tools to turn data into useful information B. uses various databases and relates elements from the diverse databases to create information C. compares an organization's performance metrics to industry standards or comparable selected organizations D. presents data in charts and graphs to emphasize key points