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Samuel is responsible for generating monthly reports on his organization's sales figures.This month,he decided to pass the project along to one of his subordinates so that the subordinate can gain experience in data analysis and also to free up more of his own time for other duties.This is an example of:
Microcredit Lending
A type of financing that provides small loan amounts to entrepreneurs or individuals in low-income regions to promote economic development and reduce poverty.
Social Business
A type of business model that aims to solve social problems through innovative solutions while being financially self-sustainable.
Business Model Innovation
Refers to the process of making substantial and valuable changes to a company's core operations, strategies, and value propositions to improve performance and create competitive advantage.
Environmental Uncertainty
The degree to which an organization lacks information about its external environment, which makes decision-making difficult.
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