Examlex
In a concurrent engineering approach to product design and development, an integration team ensures that various parts of the product are compatible with the needs of the target customer.
Stakeholder Responsibility
The obligations of an organization towards individuals or groups that have a stake in its operations and decisions, including employees, customers, and the community.
Marketing Concept
A business philosophy suggesting that achieving organizational goals depends on knowing the needs and wants of target markets and delivering desired satisfactions better than competitors.
Social Audit
A formal review of a company's initiatives, procedures, and codes of conduct regarding social responsibility, assessing their impact on society.
Compliance
The act of adhering to laws, regulations, standards, and ethical practices applicable to an organization or activity.
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