Applied Business Corporation Makes and Markets Its Products Nationwide

question 23

Multiple Choice

Applied Business Corporation makes and markets its products nationwide.Under the stakeholder approach,to be considered socially responsible when making a business decision,Applied must take into account the needs of

• A)its consumers,the community,and society only.
• B)its employees and owners only.
• C)its employees,owners,consumers,the community,and society.
• D)no one.

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Definitions:

Customer Service Factors

Elements that influence the quality and effectiveness of service provided to customers, impacting satisfaction and loyalty.

Reliability

The consistency and dependability of a product, service, or system in performing the intended function under specific conditions.

Flexibility

The ability of an entity or individual to adapt and respond to changes or new circumstances efficiently.

Order Cycle

The complete process or time taken from placing an order to receiving the goods, encompassing all steps from order transmission, processing, and delivery.