Which of the following refers to developing policies and practices that enhance the competitiveness of an organization while advancing the economic and social conditions of the community in which it operates?
A) the commons
B) a systems view
C) the triple bottom line
D) shared value
E) carbon footprint

Question

Quizplus · Accepted Answer

Shared value refers to developing policies and practices that enhance the competitiveness of an organization while advancing the economic and social conditions of the community in which it operates. The concept of shared value was introduced by Michael Porter and Mark Kramer in 2011. It goes beyond the traditional corporate social responsibility approach by focusing on creating economic value in a way that also addresses societal and environmental challenges.

Which of the Following Refers to Developing Policies and Practices