A company employing a CSV perspective focuses on

Question

BlackTom AI · Accepted Answer

The question asks about what a company employing a CSV perspective focuses on. Since the provided data shows the answer as 'joint company, community, and societal value creation,' we can frame the reasoning around that concept.
First, consider the core idea of Creating Shared Value (CSV): it emphasizes linking a company’s success with the social and economic improvements of the communities in which it operates. This reframes business from a narrow profit focus to a broader value creation model.
Second, the CSV approach argues that profits and social welfare are not mutually exclusive. Instead, creating economic value for the company while simultaneously creating value for society leads to sustainable competitive advantage.
Third, the discussion often centers on activities that generate benefits for both the business and stakeholders such as local communities, customers, employees, suppliers, and the environment. This aligns with the notion of shared value rather than pursuing philanthropy or short-term gains in isolation.
Fourth, recognizing that societal issues (e.g., health, education, infrastructure) can be integrated into a company’s strategy, CSV posits that addressing these issues can open new markets, improve productivity, and enhance brand reputation, thereby benefiting the company as well.
Fifth, the framing of CSV as joint value creation contrasts with approaches that view business and society as separate domains. The question’s correct option explicitly states the triad of joint value creation for the company, community, and society at large, which captures the essence of CSV.
Note also that the provided data lists the answer as the sole option, but the absence of other choices in the answer_options field means we cannot evaluate alternative statements. Regardless, the CSV perspective universally centers on integrating business success with societal progress through shared value creation.

33:620:492:01 BUS POLICY & STRAT Exam 1

A company employing a CSV perspective focuses on

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