Discussion Post
Discuss the following questions:
A. Define each of these terms: vision, mission, strategy, and tactics. What is the relationship between them in relation to a firm's strategy-planning process?
B. What is the difference between a business-level strategy based on low cost and a business-level strategy based on differentiation? How do these different strategies affect a firm's CSR threshold?
C. List four components of a firm's plan of action necessary to implement CSR over the short to medium term. What examples from business can you think of where firms have performed these actions successfully?
The response should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.