Examlex
List and define the criteria of corporate social responsibility.
Economic Needs
The fundamental requirements for goods and services that satisfy basic needs like shelter, food, and clothing, as well as desires for improved quality of life.
Recession
A significant decline in economic activity across the economy, lasting for a period of months or years, typically recognized by a decrease in GDP.
Satisfying Product
A product that meets or exceeds customer expectations, providing them with value and satisfaction.
Product Benefit
The value or advantage that a product offers to the customer, addressing their needs or solving their problems, often used as a key selling point.
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