Give Examples of the Types of Actions a Business Can

question 258

Essay

Give examples of the types of actions a business can take to meet its social responsibility.

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Definitions:

Pipeline Inventory

Goods in transit or in the process of distribution, considered as a part of a company's inventory.

Product Substitution

The practice of replacing one product with another, often due to stockouts, customer preferences, or cost considerations, to maintain service levels and customer satisfaction.

Different Product

A good or service that is distinct from others in its category, often possessing unique characteristics or features.

Demand

The quantity of a product or service that consumers are willing and able to purchase at a given price.