One Core Responsibility of Business Is to Deliver Consumer Value

question 61

Multiple Choice

One core responsibility of business is to deliver consumer value by providing quality products at fair prices. _____ are critical components of this equation.

• A) Ethnocentrism and nepotism
• B) Honesty and communication
• C) Loyalty and integrity
• D) Collusion and apathy

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Definitions:

Industrial Revolution

A period of significant industrial growth and technological innovation that began in the late 18th century, leading to major changes in manufacturing, mining, and transport.

Industrial Societies

Societies characterized by a reliance on mechanized labor to create goods, leading to increased urbanization and changes in social structures.

Agricultural Societies

Communities or societies that primarily rely on agriculture and farming as the main source of livelihood and economic activity.

Agrarian Societies

Societies primarily based on agricultural production and rural communities.