When environmentally proactive companies seek out imaginative,innovative new methods for reducing pollution and increasing efficiency,they are adopting which strategy?

Question

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Technological innovation involves the development of new technologies, processes or systems to improve efficiency and reduce pollution. This strategy is often adopted by environmentally proactive companies seeking to reduce their environmental footprint while increasing profitability. By investing in new technology and innovation, companies can create new products or services that are more sustainable and eco-friendly, and more efficient in their use of resources. This can help them achieve competitive advantages and gain a reputation for environmental responsibility. Product differentiation, on the other hand, involves creating unique products that stand out in the market, while green marketing focuses on promoting environmentally-friendly products and services. Cost savings strategies seek to reduce costs and increase profitability by streamlining operations and cutting expenses.

When Environmentally Proactive Companies Seek Out Imaginative,innovative New Methods for Reducing