Muhammad Yunus, The Grameen bank founder, was highly successful in applying social incentives through group responsibility to maximize loan repayment rates and created an incentive for other banks to offer similar loans to the poor.
Since Professor Muhammad Yunus founded Grameen Bank in 1976, several economists have analyzed the Grameen Bank's success in trying to eradicate poverty in Bangladesh, either theoretically or empirically. He used social incentives through group responsibility to maximize loan repayment rates and created an incentive for other banks to offer similar loans to the poor.
Social incentives refer to a wide variety of interpersonal motivations and rewards that encourage people to act in a socially valued and approved manner. Projecting a positive reputation and social image, obtaining social acceptance, and moving up the social hierarchy are all examples of social incentives.
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Answer:
Code of ethics for its vendors
Explanation:
Code of ethics is the defined as the guide of principles that is designed or created in order to help the professionals in order to conduct the business with integrity as well as honesty.
The code of ethics also referred to as the ethical code, which might encompass the areas like employee code of conduct, business ethics and code of professional practice.
So, the business who is operating in many countries, they mandate that all contractors need to ensure the safety measures as well as implement the same and the workers are made to work 9 hours only. Therefore, the company has set code of ethics for the vendors.
Persuade potential clients to attempt a sample of the product. Emphasize that the product is more innovative than its rivals.
Promote the agency website as a way for customers to research more about the product.
<h3>What is a Marketing objective?</h3>
A announcement of what is to be accomplished through advertising activities.
<h3>What is the principal goal of advertising strategies?</h3>
The reason of a marketing design is to have a defined path to go to achieve new customers, support relationships with present day clients and clients, extend sales, enhance retention and expand company awareness.
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Answer:
si, goo gagag goo gaga
Explanation:
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