Which of the following is an example of a social business innovation?
A) An organization working on maintaining cleanliness in the cities
B) A firm specializing in producing customized bags based on preferences of the purchasers
C) A firm introducing a range of meals that can be cooked instantly
D) A firm removing the use of intermediaries to deal with customers directly
E) A record label using an exclusive process to record music albums

Question

Quizplus · Accepted Answer

A social business innovation is an enterprise that uses business methods to address social or environmental issues. An organization working on maintaining cleanliness in the cities is a clear example of a social business innovation as it addresses an environmental issue and uses business methods to achieve its objective. The other options do not address a social or environmental issue in a significant way.

Which of the Following Is an Example of a Social