The Body Shop seeks out opportunities to improve the welfare of individuals all over the world. It has adopted the ________ to social responsibility.
A. obstructionist stance
B. defensive stance
C. accommodative stance
D. proactive stance
Answer: D
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GEB Chapter 5
- According to journalists' findings, what is a serious obstacle for many small business owners?
- When companies take over functional operations of other firms, such as human resources, information systems, payroll, accounting, or customer service, this is called
- Which strategy would be most appropriate when the distinctive competencies of two or more firms complement each other especially well?
- Which of the following is NOT a reason joint ventures fail?
- All of the following are cooperative arrangements EXCEPT
- Under which condition would a differentiation strategy be especially effective?
- Under which condition would a cost leadership strategy be especially effective?
- According to Porter, which strategy offers products or services to a niche group of customers at the lowest price available on the market?
- Under which strategy would you offer products or services to a wide range of customers at the lowest price available on the market?
- Which strategy would be effective when the stockholders of a firm can minimize their losses by selling the organization's assets?
- Selling all of a company's assets, in parts, for their tangible worth is called
- Which strategy should be implemented when a division is responsible for an organization's overall poor performance?
- Which term refers to selling a division of an organization?
- Retrenchment would be an effective strategy when an organization
- Bankruptcy
- What kind of strategy is retrenchment?
- Borders closing 200 of its 488 superstores and laying off 6,000 of its 19,500 employees is an example of
- Many more firms have failed at ________ than have succeeded due to the immense challenge of managing businesses in many industries rather than in a single industry.
- Which of the following is NOT a guideline for when an organization should use an unrelated diversification strategy?
- Tyson Foods opening a manufacturing plan that makes diesel and jet fuel from chicken fat, beef tallow, and leftover food grease from the firm's meat-processing plants is an example of
- Which strategy should an organization use if it competes in a no-growth or a slow-growth industry?
- Which strategy is effective when new, but related, products could be offered at highly competitive prices?
- Which strategy is appropriate when an organization competes in an industry characterized by rapid technological developments?
- All of the following situations are conducive to market development EXCEPT
- Which strategy generally entails large research and development expenditures?