Questions:
1. What is a core competency, and how do core competencies impact the feasible set of alternative organizational strategies?
2. Why should a business be concerned with "being green" when polluting might be substantially less expensive-thereby helping in the pursuit of a "low-cost producer" strategy and making that organization's products less expensive for consumers?
3. Differentiate between authority and responsibility. Can a manager have one without the other? Explain.
4. "If an organization can borrow money or sell stock, it does not have a capital constraint." Is this statement true or false? Discuss the rationale for your answer.