Amy Plans to Open a Laundromat with a Gym

question 80

Multiple Choice

Amy plans to open a laundromat with a gym.She got the idea from the laundromat with a bar and game rooms,which she visits regularly.She wants to test her idea by starting out in a small space with the focus on the laundromat and a small space allocated for gym equipments.Amy's idea is an example of _____.

• A) a blue ocean strategy
• B) a pure innovation
• C) an altruistic approach
• D) an incremental innovation

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Definitions:

Union Democracy

A concept that pertains to the governance of labor unions in a democratic manner, ensuring the participation and representation of all members.

Ethical Theory

An area of philosophy that involves systematizing, defending, and recommending concepts of right and wrong behavior.

Human Dignity

The intrinsic value and worth of all individuals, emphasizing respect for their autonomy, rights, and well-being.

Voter Turnout

The percentage of eligible voters who participate in elections, an important measure of democratic engagement and political participation.