Influential Management Theorists Such as Friedman, Allen, Handy, Porter and Prahalad

question 50

Multiple Choice

Influential management theorists such as Friedman, Allen, Handy, Porter and Prahalad:

• A)All agree that CSR is necessary according to a "moral imperative"
• B)Disagree widely about the justification for CSR
• C)Expect firms to implement CSR according to their theories
• D)All of the above

Grasp the relationship between specialization and trade based on comparative advantage.

Understand the concept of autarky and its implications for a country’s consumption and production possibilities.

Identify factors that determine the pattern of international trade.

Understand the effects of international trade on a country's production and consumption possibilities frontiers.