Examlex
The process in which all machines that perform a similar function or task are grouped together is called:
Social Responsibility Concept
The belief that businesses should contribute to the welfare of society and not be solely focused on maximizing profits.
Profit Motive
The fundamental purpose of businesses to earn profits, driving their operational and strategic decisions.
Affordable Care Act
A comprehensive health care reform law enacted in March 2010, aimed at expanding health insurance coverage and reducing the costs of health care in the United States.
Societal Marketing Concept
A marketing approach that considers the welfare of society and the environment in addition to consumer wants and company needs.
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