23. Without its exceptionally efficient and effective supply management strategies, Walmart
would not be able to provide low-cost groceries and other goods.
24. Customers, competitors and other forces all drive changes in the firm’s operating
environment. When environmental changes occur, leaders face a make-or-buy decision.
25. Due to global effort on sustainability, the human race does not need to be concerned about
resource depletion.
26. The internet is a powerful enabling tool for communication, education, transportation and
trade. This powerful tool for communicating has allowed increased personalization between
individuals as well as businesses and has increased our sense of “immediate” community.
Essay Questions:
27. Why are large, multinational firms more likely to be concerned about CSR?
28. How do structure, competencies, strategy, and the external environment combine to create a
successful organization?