Strategy formulation and strategy implementation cannot be easily separated into distinct processes. True False Whether diversification is considered "related" or not depends on what industry the new product/service belong to. True False Which of the following is not an economic/rational argument in favor of corporate social responsibility (CSR)? A. Firms take from their various stakeholders (e.g, employees, government, communities, environment, etc.) in order to deliver their products/services, so they should give back to those stakeholders. B. CSR helps a company look good (.e. Improve its reputation) by matching firm operations with societal values. C. CSR has been shown to improve firms financial performance over the long-term. D.CSR helps a company anticipate and reflect societal concerns in order to minimize operational and financial risks on the business Which of the following is NOT an advantage of a functional org structure? A. It facilitates learning amongst specialists in the same functional area. B. It exploits economies of scale. C. It promotes efficiencies in coordinating processes and employees within functions. D. It simplifies the coordination of processes and employees across functions