Question 1. Corporate social policy should be designed and articulated during which phase of strategy development?
- implementation
- formulation
- evaluation
- control
- management
Question 2. The trends in newspaper circulation in the United States provide support for which of the following statements?
- Sustainable competitive advantage is easy to maintain.
- Several firms can have similar competitive advantages.
- Some products are relatively immune to changes in the external environment.
- Most competitive advantages are hard to sustain.
- Competition is generally good for companies and consumers.
Question 3. The one factor that has most significantly impacted the nature and core of buying and selling in nearly all industries has been:
- the Internet.
- political borders.
- corporate greed.
- customer and employee focus.
- the government