Systematic Assessment of a Firm's Objectives,strategies,and Performance in Terms of Social

question 183

Multiple Choice

systematic assessment of a firm's objectives,strategies,and performance in terms of social responsibility is referred to as

• A) a business mission.
• B) the strategic marketing process.
• C) a SWOT analysis.
• D) a social audit.
• E) an accountability analysis.

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Definitions:

Competent

Describes an individual or entity that possesses the required skill, knowledge, qualification, or capacity to perform a designated duty or role.

Cultural Values

The core principles and ideals that are shared by a community and guide behaviors and beliefs.

Competitive Strategy

Competitive strategy involves making business decisions that position an organization favorably against competitors in its industry to achieve superiority and success.

Standardization

Entails the process of implementing and developing technical standards to optimize compatibility, safety, repeatability, or quality.