Define the Following Terms

question 10

Essay

Define the following terms
-literature review

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Definitions:

Unmet Needs Trap

A situation where organizations focus on immediate customer needs without anticipating future demands, potentially hindering long-term innovation.

Base-Of-The Pyramid Markets

The largest, but poorest socio-economic groups in the world, considered as potential consumers, people living on less than $2.50 a day.

Benefit Corporations

A legal structure for a business designed to prioritize social and environmental objectives in addition to profitability.

Social Goals

Objectives that focus on improving society or addressing social issues, often pursued by individuals, organizations, or governments.