When TOMS first introduced their shoes, they created a shoe that was extremely simple and cheap to produce. But the firm made a

Question

3 years ago

11

When TOMS first introduced their shoes, they created a shoe that was extremely simple and cheap to produce. But the firm made a

promise that for each pair of shoes a consumer buys, they would give a pair of shoes to someone who needed shoes.
This is what kind of philosophy?
a. internal -personal
b. market
c. social econimic
d. societal

Business

2 answers:

kati45 [8] · Answer 1 · 2022-04-04T13:48:57+03:00

Answer:C. social economic

Explanation:Social economic phylosophy is the kind of phylosophy,that deals or considers the society in making Economic decisions.

Some companies apply this kind of phylosophy as a management Objective to help to better the life of its consumers as it aims to make profits.

The action of TOMS are social economic Business phylosophy,it made cheap shoes and gave free shoe for every purchase,this will reduce the cost of purchasing shoes and make it affordable evn as the company makes profit.

Dvinal [7] · Answer 2 · 2022-04-04T15:14:06+03:00

Answer:

The correct answer is letter "C": social economic.

Explanation:

Social economics studies the relationships between society and its economy. It focuses on individuals' and organizations' behavior and how they interact with each other according to their needs and expectations. Part of that interaction implies the contribution of each party towards the other parties' satisfaction (company-consumer relationship).