Strategic Management: Text and Cases, 9th (Dess)
Chapter 1 Strategic Management: Creating Competitive Advantages
1) Lands' End's failure under the leadership of Ms. Frederica Marchionni was said to be a direct
result of the quality of her leadership. According to the text, this would be an example of the
"romantic" perspective of leadership.
Answer: TRUE
Explanation: In the romantic view of leadership, the implicit assumption is that the leader is the
key force in determining an organization's success or lack thereof. Under Ms. Marchionni's
leadership, the company reported a 19.5-million-dollar loss for 2016 after having reported a
73.8-million-dollar profit for the previous year under its previous CEO.
Difficulty: 2 Medium
Topic: Strategy and the Strategic Management Process
Learning Objective: 01-01 The definition of strategic management and its four key attributes.
Bloom's: Understand
AACSB: Analytical Thinking
Accessibility: Keyboard Navigation
2) Strategic management consists of the analyses, decisions, and actions an organization
undertakes in order to create and sustain competitive advantages.
Answer: TRUE
Explanation: According to the textbook, this is the definition of strategic management.
Difficulty: 1 Easy
Topic: Strategy and the Strategic Management Process
Learning Objective: 01-01 The definition of strategic management and its four key attributes.
Bloom's: Remember
AACSB: Knowledge Application
Accessibility: Keyboard Navigation
3) Management innovations such as total quality, just-in-time, benchmarking, business process
reengineering, and outsourcing are important but not enough for building sustainable competitive
advantage.
Answer: TRUE
Explanation: Sustainable competitive advantage cannot be achieved through operational
effectiveness alone. Popular management innovations of the last two decades like total quality,
just-in-time, benchmarking, business process reengineering, and outsourcing are concerned with
operational effectiveness.
Difficulty: 2 Medium
Topic: Strategy and the Strategic Management Process
Learning Objective: 01-01 The definition of strategic management and its four key attributes.
Bloom's: Understand
AACSB: Analytical Thinking
Accessibility: Keyboard Navigation
4) Trade-off decisions between effectiveness and efficiency are important in the practice of
SCHOLARVAULT
,strategic
#dsmanagement.
Answer: # d s TRUE
Explanation: #dsThe #dsfourth #dsattribute #dsof #dsstrategic #dsmanagement #dsis #dsthat #dsit #dsinvolves #dsthe
#dsrecognition #dsof #dstrade-offs #dsbetween #dseffectiveness #dsand #dsefficiency. #dsSome #dsauthors #dshave
#dsreferred #dsto #dsthis #dsas #dsthe #dsdifference #dsbetween #dsdoing #dsthe #dsright #dsthing #ds(effectiveness)
#dsand #dsdoing #dsthings #dsright #ds(efficiency).
Difficulty: #ds2 #dsMedium
Topic: # d s Strategy #dsand #dsthe #dsStrategic #dsManagement #dsProcess
Learning #dsObjective: #ds01-01 #dsThe #dsdefinition #dsof #dsstrategic #dsmanagement #dsand #dsits #dsfour #dskey
#dsattributes. #dsBloom's: #dsUnderstand
AACSB: #dsAnalytical #dsThinking
#dsAccessibility: # d s Keyboard
#dsNavigation
5) According #dsto #dsHenry #dsMintzberg, #dsa #dsmanagement #dsscholar, #dsmost #dsfirms #dsdo #dsnot #dsrealize
#dstheir #dsoriginal #dsintended #dsstrategy.
Answer: # d s TRUE
Explanation: #dsHenry #dsMintzberg #dsstates #dsthat #dsthe #dsintended #dsstrategy #dsrarely #dssurvives #dsin #dsits
#dsoriginal #dsform. #dsUnforeseen #dsenvironmental #dsdevelopments, #dsunanticipated #dsresource
#dsconstraints, #dsor #dschanges #dsin #dsmanagerial #dspreferences #dsmay #dsresult #dsin #dsat #dsleast #dssome #dsparts
#dsof #dsthe #dsintended #dsstrategy #dsremaining #dsunrealized. #dsOn #dsthe #dsother #dshand, #dsgood #dsmanagers
#dswill #dswant #dsto #dstake #dsadvantage #dsof #dsa #dsnew #dsopportunity #dspresented #dsby #dsthe #dsenvironment,
#dseven #dsif #dsit #dswas #dsnot #dspart #dsof #dsthe #dsoriginal #dsset #dsof #dsintentions.
Difficulty: #ds2 #dsMedium
Topic: # d s Strategy #dsand #dsthe #dsStrategic #dsManagement #dsProcess
Learning #dsObjective: #ds01-02 #dsThe #dsstrategic #dsmanagement #dsprocess #dsand #dsits #dsthree #dsinterrelated
#dsand #dsprincipal #dsactivities.
Bloom's: # d s Understand
#dsAACSB: # d s Analytical
#dsThinking
Accessibility: # d s Keyboard #dsNavigation
6) The #dsfinal #dsrealized #dsstrategy #dsof #dsa #dsfirm #dsis #dsa #dscombination #dsof #dsdeliberate #dsand #dstime-
tested #dsstrategies #dsonly.
Answer: # d s FALSE
Explanation: #dsRealized #dsstrategy #dsis #dsthat #dsstrategy #dsof #dsa #dsfirm #dsin #dswhich #dsorganizational
#dsdecisions #dsare #dsdetermined #dsby #dsboth #dsanalysis #dsand #dsunforeseen #dsenvironmental #dsdevelopments,
#dsunanticipated #dsresource #dsconstraints, #dsand/or #dschanges #dsin #dsmanagerial #dspreferences.
Difficulty: #ds2 #dsMedium
Topic: # d s Strategy #dsand #dsthe #dsStrategic #dsManagement #dsProcess
Learning #dsObjective: #ds01-02 #dsThe #dsstrategic #dsmanagement #dsprocess #dsand #dsits #dsthree #dsinterrelated
#dsand #dsprincipal #dsactivities.
Bloom's: # d s Understand
AACSB: #dsKnowledge #dsApplication
#dsAccessibility: # d s Keyboard
#dsNavigation
SCHOLARVAULT
,7) Strategy #dsanalysis #dsis #dsthe #dsstudy #dsof #dsonly #dsthe #dsbig #dspicture #dsexternal #dsenvironments #dsof #dsthe
#dsfirm.
Answer: # d s FALSE
Explanation: #dsStrategy #dsanalysis #dsis #dsthe #dsstudy #dsof #dsthe #dsexternal #dsand #dsinternal
#dsenvironments #dsof #dsa #dsfirm, #dsand #dstheir #dsfit #dswith #dsorganizational #dsvision #dsand #dsgoals.
Difficulty: #ds2 #dsMedium
Topic: # d s Strategy #dsand #dsthe #dsStrategic #dsManagement #dsProcess
Learning #dsObjective: #ds01-02 #dsThe #dsstrategic #dsmanagement #dsprocess #dsand #dsits #dsthree #dsinterrelated
#dsand #dsprincipal #dsactivities.
Bloom's: # d s Understand
AACSB: #dsKnowledge #dsApplication
#dsAccessibility: # d s Keyboard
#dsNavigation
8) All #dssuccessful #dsfirms #dscompete #dsand #dsoutperform #dstheir #dsrivals #dsby #dsdeveloping #dsbases #dsfor
#dscompetitive #dsadvantage, #dswhich #dscan #dsbe #dsachieved #dsonly #dsthrough #dscost #dsleadership.
Answer: # d s FALSE
Explanation: #dsSuccessful #dsfirms #dsstrive #dsto #dsdevelop #dsbases #dsfor #dscompetitive #dsadvantage, #dswhich
#dscan #dsbe #dsachieved #dsthrough #dscost #dsleadership #dsand/or #dsdifferentiation #dsas #dswell #dsas #dsby #dsfocusing
#dson #dsa #dsnarrow #dsor #dsindustrywide #dsmarket #dssegment.
Difficulty: #ds2 #dsMedium
Topic: # d s Strategy #dsand #dsthe #dsStrategic #dsManagement #dsProcess
Learning #dsObjective: #ds01-02 #dsThe #dsstrategic #dsmanagement #dsprocess #dsand #dsits #dsthree #dsinterrelated
#dsand #dsprincipal #dsactivities.
Bloom's: # d s Understand
#dsAACSB: # d s Analytical
#dsThinking
Accessibility: # d s Keyboard #dsNavigation
9) The #dsthree #dsprimary #dsparticipants #dsin #dscorporate #dsgovernance #dsare: #ds(1) #dsthe
#dsshareholders, #ds(2) #dsthe #dsmanagement #ds(led #dsby #dsthe #dschief #dsexecutive #dsofficer), #dsand #ds(3)
#dsthe #dsemployees.
Answer: # d s FALSE
Explanation: #dsThe #dsprimary #dsparticipants #dsare: #ds(1) #dsthe #dsshareholders, #ds(2) #dsthe #dsmanagement
#ds(led #dsby #dsthe #dschief #dsexecutive #dsofficer), #dsand #ds(3) #dsthe #dsboard #dsof #dsdirectors.
Difficulty: #ds2 #dsMedium
Topic: # d s Corporate #dsGovernance
Learning #dsObjective: #ds01-03 #dsThe #dsstrategic #dsrole #dsof #dscorporate #dsgovernance #dsand #dsstakeholder
#dsmanagement, #dsas #dswell #dsas #dshow #ds"symbiosis" #dscan #dsbe #dsachieved #dsamong #dsan #dsorganization's
#dsstakeholders. #dsBloom's: #dsUnderstand
AACSB: #dsKnowledge #dsApplication
#dsAccessibility: # d s Keyboard
#dsNavigation
SCHOLARVAULT
, 10) Decisions #dsby#dsboards #dsof #dsdirectors #dsare #dsalways #dsconsistent #dswith #dsshareholder #dsinterests.
Answer: # d s FALSE
Explanation: #dsThe #dsboard #dsof #dsdirectors #ds(BOD) #dsare #dsthe #dselected #dsrepresentatives #dsof #dsthe
#dsshareholders, #dscharged #dswith #dsensuring #dsthat #dsthe #dsinterests #dsand #dsmotives #dsof #dsmanagement
#dsare #dsaligned #dswith #dsthose #dsof #dsthe #dsowners #ds(i.e., #dsshareholders). #dsRecent #dsscandals #dshave
#dsresulted #dsin #dscriticism #dsand #dscynicism #dsthat #dsthe #dsBOD #dsfulfills #dsthis #dscharge.
Difficulty: #ds2 #dsMedium
Topic: # d s Corporate #dsGovernance
Learning #dsObjective: #ds01-03 #dsThe #dsstrategic #dsrole #dsof #dscorporate #dsgovernance #dsand #dsstakeholder
#dsmanagement, #dsas #dswell #dsas #dshow #ds"symbiosis" #dscan #dsbe #dsachieved #dsamong #dsan #dsorganization's
#dsstakeholders. #dsBloom's: #dsUnderstand
AACSB: #dsAnalytical #dsThinking
#dsAccessibility: # d s Keyboard
#dsNavigation
11) Ensuring #dseffective #dscorporate #dsgovernance #dsrequires #dsan #dseffective #dsand #dsengaged
#dsboard #dsof #dsdirectors, #dsuninvolved #dsshareholders, #dsand #dsproper #dsmanagerial #dsrewards
#dsand #dsincentives.
Answer: # d s FALSE
Explanation: #dsWe #dsfocus #dson #dsthree #dsimportant #dsmechanisms #dsto #dsensure #dseffective
#dscorporate #dsgovernance: #ds(1) #dsan #dseffective #dsand #dsengaged #dsboard #dsof #dsdirectors, #ds(2)
#dsshareholder #dsactivism, #dsand #ds(3) #dsproper #dsmanagerial #dsrewards #dsand #dsincentives.
Difficulty: #ds2 #dsMedium
Topic: # d s Corporate #dsGovernance
Learning #dsObjective: #ds01-03 #dsThe #dsstrategic #dsrole #dsof #dscorporate #dsgovernance #dsand #dsstakeholder
#dsmanagement, #dsas #dswell #dsas #dshow #ds"symbiosis" #dscan #dsbe #dsachieved #dsamong #dsan #dsorganization's
#dsstakeholders. #dsBloom's: #dsUnderstand
AACSB: #dsAnalytical #dsThinking
#dsAccessibility: # d s Keyboard
#dsNavigation
12) Social #dsresponsibility #dsis #dsthe #dsidea #dsthat #dsorganizations #dsare #dsonly #dsaccountable #dsto
#dsstockholders.
Answer: # d s FALSE
Explanation: #dsSocial #dsresponsibility #dsis #dsthe #dsexpectation #dsthat #dsbusinesses #dsor #dsindividuals #dswill
#dsstrive #dsto #dsimprove #dsthe #dsoverall #dswelfare #dsof #dssociety. #dsFrom #dsthe #dsperspective #dsof #dsa
#dsbusiness, #dsthis #dsmeans #dsthat #dsmanagers #dsmust #dstake #dsactive #dssteps #dsto #dsmake #dssociety #dsbetter
#dsby #dsvirtue #dsof #dsthe #dsbusiness #dsbeing #dsin #dsexistence.
Difficulty: #ds2 #dsMedium
Topic: # d s Corporate #dsSocial #dsResponsibility#dsand #dsSustainability
Learning #dsObjective: #ds01-04 #dsThe #dsimportance #dsof #dssocial #dsresponsibility, #dsincluding
#dsenvironmental #dssustainability, #dsand #dshow #dsit #dscan #dsenhance #dsa #dscorporation's #dsinnovation
#dsstrategy.
Bloom's: # d s Analyze
AACSB: #dsAnalytical #dsThinking
#dsAccessibility: # d s Keyboard
#dsNavigation
SCHOLARVAULT
Chapter 1 Strategic Management: Creating Competitive Advantages
1) Lands' End's failure under the leadership of Ms. Frederica Marchionni was said to be a direct
result of the quality of her leadership. According to the text, this would be an example of the
"romantic" perspective of leadership.
Answer: TRUE
Explanation: In the romantic view of leadership, the implicit assumption is that the leader is the
key force in determining an organization's success or lack thereof. Under Ms. Marchionni's
leadership, the company reported a 19.5-million-dollar loss for 2016 after having reported a
73.8-million-dollar profit for the previous year under its previous CEO.
Difficulty: 2 Medium
Topic: Strategy and the Strategic Management Process
Learning Objective: 01-01 The definition of strategic management and its four key attributes.
Bloom's: Understand
AACSB: Analytical Thinking
Accessibility: Keyboard Navigation
2) Strategic management consists of the analyses, decisions, and actions an organization
undertakes in order to create and sustain competitive advantages.
Answer: TRUE
Explanation: According to the textbook, this is the definition of strategic management.
Difficulty: 1 Easy
Topic: Strategy and the Strategic Management Process
Learning Objective: 01-01 The definition of strategic management and its four key attributes.
Bloom's: Remember
AACSB: Knowledge Application
Accessibility: Keyboard Navigation
3) Management innovations such as total quality, just-in-time, benchmarking, business process
reengineering, and outsourcing are important but not enough for building sustainable competitive
advantage.
Answer: TRUE
Explanation: Sustainable competitive advantage cannot be achieved through operational
effectiveness alone. Popular management innovations of the last two decades like total quality,
just-in-time, benchmarking, business process reengineering, and outsourcing are concerned with
operational effectiveness.
Difficulty: 2 Medium
Topic: Strategy and the Strategic Management Process
Learning Objective: 01-01 The definition of strategic management and its four key attributes.
Bloom's: Understand
AACSB: Analytical Thinking
Accessibility: Keyboard Navigation
4) Trade-off decisions between effectiveness and efficiency are important in the practice of
SCHOLARVAULT
,strategic
#dsmanagement.
Answer: # d s TRUE
Explanation: #dsThe #dsfourth #dsattribute #dsof #dsstrategic #dsmanagement #dsis #dsthat #dsit #dsinvolves #dsthe
#dsrecognition #dsof #dstrade-offs #dsbetween #dseffectiveness #dsand #dsefficiency. #dsSome #dsauthors #dshave
#dsreferred #dsto #dsthis #dsas #dsthe #dsdifference #dsbetween #dsdoing #dsthe #dsright #dsthing #ds(effectiveness)
#dsand #dsdoing #dsthings #dsright #ds(efficiency).
Difficulty: #ds2 #dsMedium
Topic: # d s Strategy #dsand #dsthe #dsStrategic #dsManagement #dsProcess
Learning #dsObjective: #ds01-01 #dsThe #dsdefinition #dsof #dsstrategic #dsmanagement #dsand #dsits #dsfour #dskey
#dsattributes. #dsBloom's: #dsUnderstand
AACSB: #dsAnalytical #dsThinking
#dsAccessibility: # d s Keyboard
#dsNavigation
5) According #dsto #dsHenry #dsMintzberg, #dsa #dsmanagement #dsscholar, #dsmost #dsfirms #dsdo #dsnot #dsrealize
#dstheir #dsoriginal #dsintended #dsstrategy.
Answer: # d s TRUE
Explanation: #dsHenry #dsMintzberg #dsstates #dsthat #dsthe #dsintended #dsstrategy #dsrarely #dssurvives #dsin #dsits
#dsoriginal #dsform. #dsUnforeseen #dsenvironmental #dsdevelopments, #dsunanticipated #dsresource
#dsconstraints, #dsor #dschanges #dsin #dsmanagerial #dspreferences #dsmay #dsresult #dsin #dsat #dsleast #dssome #dsparts
#dsof #dsthe #dsintended #dsstrategy #dsremaining #dsunrealized. #dsOn #dsthe #dsother #dshand, #dsgood #dsmanagers
#dswill #dswant #dsto #dstake #dsadvantage #dsof #dsa #dsnew #dsopportunity #dspresented #dsby #dsthe #dsenvironment,
#dseven #dsif #dsit #dswas #dsnot #dspart #dsof #dsthe #dsoriginal #dsset #dsof #dsintentions.
Difficulty: #ds2 #dsMedium
Topic: # d s Strategy #dsand #dsthe #dsStrategic #dsManagement #dsProcess
Learning #dsObjective: #ds01-02 #dsThe #dsstrategic #dsmanagement #dsprocess #dsand #dsits #dsthree #dsinterrelated
#dsand #dsprincipal #dsactivities.
Bloom's: # d s Understand
#dsAACSB: # d s Analytical
#dsThinking
Accessibility: # d s Keyboard #dsNavigation
6) The #dsfinal #dsrealized #dsstrategy #dsof #dsa #dsfirm #dsis #dsa #dscombination #dsof #dsdeliberate #dsand #dstime-
tested #dsstrategies #dsonly.
Answer: # d s FALSE
Explanation: #dsRealized #dsstrategy #dsis #dsthat #dsstrategy #dsof #dsa #dsfirm #dsin #dswhich #dsorganizational
#dsdecisions #dsare #dsdetermined #dsby #dsboth #dsanalysis #dsand #dsunforeseen #dsenvironmental #dsdevelopments,
#dsunanticipated #dsresource #dsconstraints, #dsand/or #dschanges #dsin #dsmanagerial #dspreferences.
Difficulty: #ds2 #dsMedium
Topic: # d s Strategy #dsand #dsthe #dsStrategic #dsManagement #dsProcess
Learning #dsObjective: #ds01-02 #dsThe #dsstrategic #dsmanagement #dsprocess #dsand #dsits #dsthree #dsinterrelated
#dsand #dsprincipal #dsactivities.
Bloom's: # d s Understand
AACSB: #dsKnowledge #dsApplication
#dsAccessibility: # d s Keyboard
#dsNavigation
SCHOLARVAULT
,7) Strategy #dsanalysis #dsis #dsthe #dsstudy #dsof #dsonly #dsthe #dsbig #dspicture #dsexternal #dsenvironments #dsof #dsthe
#dsfirm.
Answer: # d s FALSE
Explanation: #dsStrategy #dsanalysis #dsis #dsthe #dsstudy #dsof #dsthe #dsexternal #dsand #dsinternal
#dsenvironments #dsof #dsa #dsfirm, #dsand #dstheir #dsfit #dswith #dsorganizational #dsvision #dsand #dsgoals.
Difficulty: #ds2 #dsMedium
Topic: # d s Strategy #dsand #dsthe #dsStrategic #dsManagement #dsProcess
Learning #dsObjective: #ds01-02 #dsThe #dsstrategic #dsmanagement #dsprocess #dsand #dsits #dsthree #dsinterrelated
#dsand #dsprincipal #dsactivities.
Bloom's: # d s Understand
AACSB: #dsKnowledge #dsApplication
#dsAccessibility: # d s Keyboard
#dsNavigation
8) All #dssuccessful #dsfirms #dscompete #dsand #dsoutperform #dstheir #dsrivals #dsby #dsdeveloping #dsbases #dsfor
#dscompetitive #dsadvantage, #dswhich #dscan #dsbe #dsachieved #dsonly #dsthrough #dscost #dsleadership.
Answer: # d s FALSE
Explanation: #dsSuccessful #dsfirms #dsstrive #dsto #dsdevelop #dsbases #dsfor #dscompetitive #dsadvantage, #dswhich
#dscan #dsbe #dsachieved #dsthrough #dscost #dsleadership #dsand/or #dsdifferentiation #dsas #dswell #dsas #dsby #dsfocusing
#dson #dsa #dsnarrow #dsor #dsindustrywide #dsmarket #dssegment.
Difficulty: #ds2 #dsMedium
Topic: # d s Strategy #dsand #dsthe #dsStrategic #dsManagement #dsProcess
Learning #dsObjective: #ds01-02 #dsThe #dsstrategic #dsmanagement #dsprocess #dsand #dsits #dsthree #dsinterrelated
#dsand #dsprincipal #dsactivities.
Bloom's: # d s Understand
#dsAACSB: # d s Analytical
#dsThinking
Accessibility: # d s Keyboard #dsNavigation
9) The #dsthree #dsprimary #dsparticipants #dsin #dscorporate #dsgovernance #dsare: #ds(1) #dsthe
#dsshareholders, #ds(2) #dsthe #dsmanagement #ds(led #dsby #dsthe #dschief #dsexecutive #dsofficer), #dsand #ds(3)
#dsthe #dsemployees.
Answer: # d s FALSE
Explanation: #dsThe #dsprimary #dsparticipants #dsare: #ds(1) #dsthe #dsshareholders, #ds(2) #dsthe #dsmanagement
#ds(led #dsby #dsthe #dschief #dsexecutive #dsofficer), #dsand #ds(3) #dsthe #dsboard #dsof #dsdirectors.
Difficulty: #ds2 #dsMedium
Topic: # d s Corporate #dsGovernance
Learning #dsObjective: #ds01-03 #dsThe #dsstrategic #dsrole #dsof #dscorporate #dsgovernance #dsand #dsstakeholder
#dsmanagement, #dsas #dswell #dsas #dshow #ds"symbiosis" #dscan #dsbe #dsachieved #dsamong #dsan #dsorganization's
#dsstakeholders. #dsBloom's: #dsUnderstand
AACSB: #dsKnowledge #dsApplication
#dsAccessibility: # d s Keyboard
#dsNavigation
SCHOLARVAULT
, 10) Decisions #dsby#dsboards #dsof #dsdirectors #dsare #dsalways #dsconsistent #dswith #dsshareholder #dsinterests.
Answer: # d s FALSE
Explanation: #dsThe #dsboard #dsof #dsdirectors #ds(BOD) #dsare #dsthe #dselected #dsrepresentatives #dsof #dsthe
#dsshareholders, #dscharged #dswith #dsensuring #dsthat #dsthe #dsinterests #dsand #dsmotives #dsof #dsmanagement
#dsare #dsaligned #dswith #dsthose #dsof #dsthe #dsowners #ds(i.e., #dsshareholders). #dsRecent #dsscandals #dshave
#dsresulted #dsin #dscriticism #dsand #dscynicism #dsthat #dsthe #dsBOD #dsfulfills #dsthis #dscharge.
Difficulty: #ds2 #dsMedium
Topic: # d s Corporate #dsGovernance
Learning #dsObjective: #ds01-03 #dsThe #dsstrategic #dsrole #dsof #dscorporate #dsgovernance #dsand #dsstakeholder
#dsmanagement, #dsas #dswell #dsas #dshow #ds"symbiosis" #dscan #dsbe #dsachieved #dsamong #dsan #dsorganization's
#dsstakeholders. #dsBloom's: #dsUnderstand
AACSB: #dsAnalytical #dsThinking
#dsAccessibility: # d s Keyboard
#dsNavigation
11) Ensuring #dseffective #dscorporate #dsgovernance #dsrequires #dsan #dseffective #dsand #dsengaged
#dsboard #dsof #dsdirectors, #dsuninvolved #dsshareholders, #dsand #dsproper #dsmanagerial #dsrewards
#dsand #dsincentives.
Answer: # d s FALSE
Explanation: #dsWe #dsfocus #dson #dsthree #dsimportant #dsmechanisms #dsto #dsensure #dseffective
#dscorporate #dsgovernance: #ds(1) #dsan #dseffective #dsand #dsengaged #dsboard #dsof #dsdirectors, #ds(2)
#dsshareholder #dsactivism, #dsand #ds(3) #dsproper #dsmanagerial #dsrewards #dsand #dsincentives.
Difficulty: #ds2 #dsMedium
Topic: # d s Corporate #dsGovernance
Learning #dsObjective: #ds01-03 #dsThe #dsstrategic #dsrole #dsof #dscorporate #dsgovernance #dsand #dsstakeholder
#dsmanagement, #dsas #dswell #dsas #dshow #ds"symbiosis" #dscan #dsbe #dsachieved #dsamong #dsan #dsorganization's
#dsstakeholders. #dsBloom's: #dsUnderstand
AACSB: #dsAnalytical #dsThinking
#dsAccessibility: # d s Keyboard
#dsNavigation
12) Social #dsresponsibility #dsis #dsthe #dsidea #dsthat #dsorganizations #dsare #dsonly #dsaccountable #dsto
#dsstockholders.
Answer: # d s FALSE
Explanation: #dsSocial #dsresponsibility #dsis #dsthe #dsexpectation #dsthat #dsbusinesses #dsor #dsindividuals #dswill
#dsstrive #dsto #dsimprove #dsthe #dsoverall #dswelfare #dsof #dssociety. #dsFrom #dsthe #dsperspective #dsof #dsa
#dsbusiness, #dsthis #dsmeans #dsthat #dsmanagers #dsmust #dstake #dsactive #dssteps #dsto #dsmake #dssociety #dsbetter
#dsby #dsvirtue #dsof #dsthe #dsbusiness #dsbeing #dsin #dsexistence.
Difficulty: #ds2 #dsMedium
Topic: # d s Corporate #dsSocial #dsResponsibility#dsand #dsSustainability
Learning #dsObjective: #ds01-04 #dsThe #dsimportance #dsof #dssocial #dsresponsibility, #dsincluding
#dsenvironmental #dssustainability, #dsand #dshow #dsit #dscan #dsenhance #dsa #dscorporation's #dsinnovation
#dsstrategy.
Bloom's: # d s Analyze
AACSB: #dsAnalytical #dsThinking
#dsAccessibility: # d s Keyboard
#dsNavigation
SCHOLARVAULT
