When faced with growing demands for greater CSR, firms in more concentrated industries initially will:
A)Make first-move game-changing new products.
B)Collaborate with each other to find solutions.
C) Resist pressures to change.
D) None of the above.

Question

When faced with growing demands for greater CSR, firms in more concentrated industries initially will:
A)​Make first-move game-changing new products.
B)​Collaborate with each other to find solutions.
C) ​Resist pressures to change.
D) ​None of the above.

Quizplus · Accepted Answer

Firms in more concentrated industries are more likely to resist pressures to change and may be less open to collaboration due to concerns about maintaining their competitive advantage in the marketplace. Thus, they may initially resist demands for greater CSR.

When Faced with Growing Demands for Greater CSR, Firms in More