How would you define social responsibility in the business


1. How would you define social responsibility in the business environment. Why do you think this has become an important aspect of business conduct?

2. Explain how an MRP system operates. How is MRP system able to keep inventory levels relatively low?

3. Define benchmarking and describe the six (6) steps involved in evaluating performance using this method. What are the benefits of benchmarking?

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Operation Management: How would you define social responsibility in the business
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