What Is EFT? Discuss Two Common Forms of EFT

question 26

Essay

What is EFT? Discuss two common forms of EFT. What are the advantages of EFT?

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Definitions:

Cause-related Marketing

A marketing strategy where businesses partner with causes or nonprofit organizations to promote a social issue or cause as part of their marketing efforts and to benefit mutually.

Strategic Philanthropy

Strategic philanthropy is a form of corporate social responsibility where companies align charitable activities with their business goals, often to achieve both social and business benefits.

Social Enterprise

An organization that applies commercial strategies to maximize improvements in social, environmental, and financial well-being.

Market Orientation

A business approach focused on identifying and meeting the needs and wants of customers through product development and marketing.