Asked by
Mariya Duleva
on Oct 22, 2024
Verified
Microcredit lending is an example of ___ innovation.
A) reverse
B) social business
C) disruptive
D) environmental
E) green
Microcredit Lending
A type of financing that provides small loan amounts to entrepreneurs or individuals in low-income regions to promote economic development and reduce poverty.
Social Business
A type of business model that aims to solve social problems through innovative solutions while being financially self-sustainable.
- Understand the implications of innovation for environmental sustainability and social responsibility.
Verified Answer
ND
Learning Objectives
- Understand the implications of innovation for environmental sustainability and social responsibility.
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