Ikea invests in alternative solutions such as using solar panels and wind turbines to to supply energy to its buildings, and the

Question

2 years ago

8

Ikea invests in alternative solutions such as using solar panels and wind turbines to to supply energy to its buildings, and the

company is committed to decreasing the amount of raw materials it uses in making its products and avoiding the depletion of natural resources. These actions by Ikea are an example of ______.

Business

1 answer:

erastova [34] · Answer 1 · 2022-06-16T17:33:40+03:00

Answer:

Green marketing

Explanation:

Green marketing is defined as the process by which a person or company promotes products that are environmentally friendly or that gives environmental benefits.

It involves processes like promotion, packaging, product modification and so on.

In the given scenario Ikea invests in solar panels and wind turbines to to supply energy to its buildings, thereby decreasing the amount of raw materials it uses in making its products and avoiding the depletion of natural resources.

This is green marketing.