The meaning of value creation differs according to a company's ________.
A) size
B) mission
C) age
D) none of the above

Question

Quizplus · Accepted Answer

B)The meaning of value creation differs according to a company's mission.It is useful to think about the differences between for-profit and not-for-profit organizations.For example,Microsoft and Frito Lay are for-profit companies that strive to generate annual profits for company shareholders.These companies promote profit generation by selling quality software and quality snack products,respectively.The American Red Cross is an illustration of a not-for-profit organization that relies on charitable monetary contributions and grant money to create societal value.

The Meaning of Value Creation Differs According to a Company's