Using the Five Forces Model, Which Will Likely Result in a Higher

question 3

Multiple Choice

Using the five forces model, which will likely result in a higher level of CSR?

• A)A highly concentrated industry.
• B)Substitutes that are superior to existing products and costs are reasonable.
• C) Socially and environmentally conscious suppliers with standardized products that have multiple substitutes.
• D) No monitoring program for all supplier factories.

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Definitions:

Limited Liability Company

A business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.

Operating Agreement

A document that outlines the governance and business operations of an LLC, agreed upon by its members.

Limited Liability Company

A business structure that combines the pass-through taxation of a partnership with the limited liability protections of a corporation.

Managing Business

The process of organizing, planning, leading, and controlling the operations of a business to achieve its objectives.