Which of the Following Statements Is True of Shared Value

question 11

Multiple Choice

Which of the following statements is true of shared value advocates?

• A)They believe that an entrepreneurial,profit-seeking,and capitalist approach is the most beneficial way to correct social problems.
• B)They expect businesses to recognize that their goal must be creating shared value rather than profit per se.
• C)They believe that nonprofit organizations are the most powerful institutions for creating shared value among the members of the society.
• D)They expect businesses to focus on maximization of profit and to propagate the shared values of the immediate shareholders.

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Definitions:

Organizations

Entities composed of individuals working together towards common objectives, characterized by structured patterns of interaction and coordination.

Adapting to Change

The process of adjusting behaviors and mindsets in response to new circumstances, environments, or conditions.

Action Step

A specific, measurable task or activity that is undertaken to achieve a goal or objective.

Organization-Stakeholder Relationships

The complex interactions and dependencies between a business and its various stakeholders, including customers, employees, suppliers, and the community.