The concept of shared value focuses on ________.
A) creating economic value in a way that also creates value for society
B) maximizing profits to satisfy shareholders
C) creating sales transactions instead of long-term customer relationships
D) building strategic supplier partnerships to create more value for investors
E) providing more financial incentives to sales team members

Question

Quizplus · Accepted Answer

The concept of shared value is about creating economic value in a way that also creates value for society, such as by addressing societal and environmental issues through business practices. It goes beyond simply maximizing profits for shareholders or focusing solely on sales transactions. Building strategic supplier partnerships may be a part of creating shared value, but it is not the primary focus. Providing financial incentives to sales team members does not necessarily relate to the concept of shared value.

The Concept of Shared Value Focuses on ________