Four Dimensions of Social Responsibility Are Economic, Legal, Ethical, and Philanthropic

question 161

True/False

Four dimensions of social responsibility are economic, legal, ethical, and philanthropic.

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Definitions:

Marketing

The process of identifying, anticipating, and satisfying customer needs and desires through the creation, promotion, selling, and distribution of products or services.

Marketing Plan

A comprehensive document or blueprint that outlines a company's advertising and marketing efforts for a specific time period.

Sales Forecast

An estimate of the expected sales for a specific period in the future, used for budgeting, planning, and management purposes in business.

Demographics

refers to statistical data relating to the population and particular groups within it, used for identifying and analyzing target markets.