Converting Socially Responsible Ideas into Actions Involves Careful Planning and Monitoring

question 56

Multiple Choice

Converting socially responsible ideas into actions involves careful planning and monitoring of programs. Many companies develop, implement, and evaluate their social responsibility efforts by means of a(n) :

• A)research service.
• B)social audit.
• C)action plan.
• D)tactical plan.

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Definitions:

Supply Chain

A network of interconnected businesses involved in the ultimate provision of product and service packages required by end users.

Uncertainty

The lack of predictability or certainty in situations, often affecting decision-making in businesses and markets.

Strategic Fit

The degree to which an organization's strategies align with its internal capabilities and external environment to achieve a competitive advantage.

Competitive Landscape

The analysis of factors such as competitors, market conditions, and customer preferences within an industry.