Question 1  
__________ is defined as a structured transition in what an organization does and how it does it. 
A. Strategy 
B. Strategic management 
C. Organizational change 
D. Globalization 
 


Question 2  
Instant interactivity reflects the environment of: 
A. reduced need for physical assets. 
B. compressed time. 
C. vanishing distance. 
D. constant change. 
 


Question 3  
Companies such as Google and Apple are finding that they can achieve a sustainable competitive advantage with: 
A. physical assets. 
B. physical distance. 
C. non physical assets. 
D. vanishing distance. 
 


Question 4  
Corporate social responsibility (CSR) is the obligation of __________ to make decisions and act in ways that recognize the interrelatedness of business and society. 
A. competitors 
B. stakeholders 
C. community 
D. organizational decision makers 

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