Which of These Is an Example of Lego's Commitment to Innovation

question 139

Multiple Choice

Which of these is an example of Lego's commitment to innovation?

• A)By 2030,use only sustainable materials in packaging and products.
• B)By 2020,use robotics in 55% of its workforce.
• C)Donate 10% of all sales to educating females in engineering.
• D)Provide incentives to employee teams who suggest the best use of recycled Legos.

---

Definitions:

Perfectly Competitive

In a perfectly competitive market, there are many buyers and sellers, the products are homogenous, and no single entity can influence the market price.

Demand Rises

Occurs when there is an increase in the quantity of a good or service that consumers are willing and able to purchase at a given price.

Economic Profit

The disparity measure in between overall returns and full expenses, including both exposed and indirect costs.

Market Supply

The total amount of a product that sellers are willing and able to sell across all relevant price levels within a given market.