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

Maintaining cleanliness in the cities is a social issue and a social business innovation would be using a business model to address this issue. Therefore, option A is the best example of a social business innovation. The other options are examples of product or process innovations but do not necessarily address a social issue.

Which of the Following Is an Example of a Social