Aric Wants to Give His Company a Competitive Advantage by Using

question 62

Multiple Choice

Aric wants to give his company a competitive advantage by using a combination of restructuring and empowerment. Considering this, which of the following would Aric most likely support?

• A)firing 15 percent of his employees and giving the research department more authority over their projects
• B)combining the manufacturing and research departments and contracting a Mexican company to do marketing
• C)using a self-managed team for research and giving inspiration seminars to all of his employees
• D)contracting a Romanian company to do customer service and eliminating the research department

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Definitions:

Corporate Social Responsibility

The practice of businesses actively engaging in initiatives that positively impact society, the environment, and their stakeholders beyond what is legally required.

Directly Responsible

Bearing immediate accountability for actions, tasks, or outcomes, without intermediary delegation or oversight.

Profit Maximization

The process of increasing a company's profit to the highest possible level through the adjustment of sales, production, and pricing strategies.

Society's Resources

The assets, both tangible and intangible, that are available for use by the members of a society.