Obligation Organizations Have to (1)the Preservation of Ecological Environment and (2)the

question 26

Multiple Choice

obligation organizations have to (1) the preservation of ecological environment and (2) the general public is referred to as _________.

• A) social responsibility
• B) stakeholder responsibility
• C) benefit marketing
• D) societal responsibility
• E) profit responsibility

Differentiate between strategies of low-cost leadership and product differentiation.

Recognize the impact of location decisions on operational effectiveness.

Understand the application of SWOT analysis in strategic operations management.

Grasp the concept of operations strategy alignment with organizational strategy.

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Definitions:

Pricing Policy

How pricing will be determined for your products and services.

Compensation

Payment or benefits awarded to someone in exchange for services rendered or as a reimbursement for expenses or losses incurred.

Obligations

Duties or commitments that an individual or organization is required to fulfill, either legally or morally.

DOI

Stands for "Diffusion of Innovation," which is a theory that seeks to explain how, why, and at what rate new ideas and technology spread through cultures.