Garsynth Corporation Specializes in Preparing Eco-Friendly Products Out of Solid

question 55

Multiple Choice

Garsynth Corporation specializes in preparing eco-friendly products out of solid waste, old newspapers, and waste plastic. The firm employs individuals belonging to the weaker economic sections of the city. The company has engaged in _____ innovation.

• A) product
• B) red ocean
• C) reverse
• D) breakthrough
• E) social business

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Definitions:

Quantitative Approach

A research approach centered on measuring and statistically analyzing data collection and interpretation.

Profit Margins

A financial metric that measures the percentage of revenue that exceeds the costs of producing goods or services.

Open System

An open system is a system that continuously interacts with its environment, exchanging information, matter, and energy.

Theory X

A management concept that assumes employees are naturally unmotivated and dislike work, needing constant supervision and control.