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Michael Porter and Mark Kramer's Concept of Shared Value Is

question 41

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Michael Porter and Mark Kramer's concept of shared value is based upon the notion that business enterprises should focus,first,on creating value and,second,on distributing that value among different participants (including shareholders and society-at-large).


Definitions:

Transmitting Information

The process of conveying data, knowledge, or instructions from one individual, group, or device to another.

Generating Information

The process of creating new data, ideas, or knowledge that was not previously known or available.

Neurons

The basic working units of the brain, specialized cells responsible for receiving, processing, and transmitting information through electrical and chemical signals.

Resting Potential

The difference in electric charge across the membrane of a neuron when it is not actively transmitting a signal, serving as a basis for neural excitation.

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