_______________ can be defined as organizations that have created business models that cater to basic human needs that are not currently being served.

a. Traditional entrepreneurship
b. Social entrepreneurship
c. Financial entrepreneurship
d. Unorthodox entrepreneurship


b. Social entrepreneurship

Business

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In Indonesia, home of the world's largest Muslim population, KFC uses Ramadan-themed outdoor advertising to encourage Indonesians to come to the restaurants at buka puasa, the end of each day's fast

Indicate whether the statement is true or false

Business

A dissatisfied guest can do any of the following. From the organization’s perspective, which is BEST?

a. leave never to return b. complain c. spread negative word of mouth d. suffer in silence

Business

Explain differentiation approaches for services

What will be an ideal response?

Business

Personnel in a retail chain are specialists overseeing either buying or selling. This firm has a _____ philosophy

a. decentralized b. centralized c. merchandising d. buying

Business