Outsourcing means moving non-core activities from being done inside the organization to being done externally by an entity that specializes in that activity. True False QUESTION 18 Choose ALL of the following that are part of the definition of strategic management: (Choose ALL that apply.) developing appropriate strategies evaluating and changing those strategies as needed putting those strategies into action those decisions and actions where organizational members analyze the current situation QUESTION 19 Situation analysis allows the organization to examine: (Choose the BEST answer.) None of these answer choices are correct. both external and internal factors. internal factors only. the top management of the organization only. external factors only. QUESTION 20 Stakeholders are individuals or groups who have a stake in or are affected/ influenced by an organization's decisions and actions and who, in turn, can influence the organization. True False Corporate social responsibility is defined as the obligation of organizational decision makers to make decisions and act in ways that recognize the interrelatedness of business and society. True False QUESTION 22 Continual change is one of the effects of the driving forces in the new business environment. True False QUESTION 23 is defined as the use of equipment, materials, knowledge, and experience to perform tasks. QUESTION 24 According to the I/O View, competitive advantage is determined by an organization's positioning in the industry. True False QUESTION 25 E-commerce is essentially the sales and marketing component of e-business. True False