In: Operations Management
A company's CSR and sustainability strategies is NOT characterized by
Multiple Choice
corporate social agendas that address generic social issues that may help boost a company's reputation but are unlikely to improve its competitive strength in the marketplace.
the strategies and actions of all socially responsible companies that have sameness in the sense of drawing on the same categories of socially responsible behavior, with each company's version of being socially responsible being unique.
social responsibility strategies linked to a company's customer value proposition or key value chain activities that may help build competitive advantage.
the company's demonstration of an adequate degree of social responsibility or efforts to be a model corporate citizen unless it spends 5 percent (or more) of pretax profits on social responsibility initiatives.
cost savings and improved profitability that can be drivers of corporate sustainability strategies.
A company's CSR and sustainability strategies is NOT characterized by
Answer: the company's demonstration of an adequate degree of social responsibility or efforts to be a model corporate citizen unless it spends 5 percent (or more) of pretax profits on social responsibility initiatives.
As described by Arthur Thompson, Margaret Peteraf, John Gamble, A. J. Strickland III, Arun Kumar Jain in their book "Crafting & Executing Strategy : The Quest for Competitive Advantage", all the other option given are characteristics of a company's CSR and sustainability strategies.