Which of the following refers to developing policies and practices that enhance the competiveness of an organization while advancing the economic and social conditions of the community in which it operates?
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the triple bottom line |
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a systems view |
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carbon footprint |
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shared value |
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the commons |
ANSWERS: THE TRIPLE BOTTOM LINE AND SHARED VALUE ARE WRONG!!!!!
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. Hence, the creation of shared value focuses on identifying and expanding the connection between societal and economic progress.
Note: I know you have mentioned that shared value is wrong, but this is the correct answer itself, as defined by Porter & Kramer in 2011. I would request you to kindly refer to their books or various other books where it is clearly mentioned.
Which of the following refers to developing policies and practices that enhance the competiveness of an...
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From the given case study, a) Discuss why Myanmar should or should not use protectionist policies b) Choose a country that also has applied IIP in the past to evaluate its costs and benefits. Myanmar is working hard to make the difficult economic transition from its current status as a Least Developed Country to its once-held spot as one of the most developed Asian economies. Urged on by many international and domestic experts, sweeping liberalisation reforms are being pursued by...
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The most influential theory of corporate responsibility of the past century is: the free society economic theory. the neoclassical economic theory. the social contract theory. the stakeholder theory. In which of the following ideas are the ethical roots of the economic model of corporate social responsibility found? The interests of stakeholders are as important as the interests of the corporation's stockholders. Managers are ethically obliged to make as much money as possible for their stockholders because to do otherwise would...
Question 5. Which of the following best explains why a human resource management department in CTP is important to not only the company but all managers? Select the correct answer Investing in human capital enables managers to achieve positive results for the firm. Technological changes and global competition require clear organization charts. Economic challenges facing the world call for advanced cost-cutting and streamlining. An enthusiastic labor force is likely to provide financial support to local unions. Question 6 Personnel mistakes...
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