Examlex

Solved

Which of the Following Approaches to Define a New Product

question 76

Multiple Choice

Which of the following approaches to define a new product or service is most favoured by researchers?


Definitions:

Ethical Responsibilities

Obligations to act in a morally sound way, considering the well-being of others and the environment in decision-making processes.

Discretionary Actions

Actions based on individual judgment or choice rather than set standards, often pertaining to corporate or governmental decision-making.

Social Responsibility

The obligation of individuals, organizations, and businesses to act in a way that benefits society at large, beyond their own interests.

Proactive Strategy

A corporate social responsibility strategy that actively pursues social responsibility by taking discretionary actions to make things better in the future.

Related Questions