In Addition to the Four Basic Dimensions of Porter's "Diamond

question 1

Multiple Choice

In addition to the four basic dimensions of Porter's "diamond" model, ____ may also contribute to the success or failure of firms.

• A) national work ethic
• B) educational requirements
• C) government policy
• D) national pride

---

Definitions:

Defensive Strategy

A corporate social responsibility strategy that does the minimum legally required to display social responsibility.

Economic Responsibilities

refer to the obligations of businesses and organizations to pursue strategies that enhance their profitability within the confines of the law.

Legal Responsibilities

Obligations under the law that individuals or organizations must adhere to.

Corporate Governance

The system of rules, practices, and processes by which a company is directed and controlled, aiming to balance the interests of stakeholders.