Michael Porter and Mark Kramer's Notion of "Shared Value" Reconceptualizes

question 19

Multiple Choice

Michael Porter and Mark Kramer's notion of "shared value" reconceptualizes CSR (corporate social responsibility) by emphasizing:

• A)CSR as a value creating activity
• B)CSR as a source of legitimacy for a company
• C)CSR a means of transferring value from shareholders to less fortunate members of society
• D)CSR as a counterweight to greed and amorality among managers and investors.

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Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.