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Discuss the difference between economic value and social value or the shared value creation framework. Why do...

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General Management

  • Discuss the difference between economic value and social valueor the shared value creation framework.
  • Why do you think organizations tend to focus on the creation ofone type of value, but not both?

Answer & Explanation Solved by verified expert
4.1 Ratings (612 Votes)
The economic value creation framework is based on the performance of the actions which leads to value creation by means of products or services The economic value creation framework measures the quantitative measures like return on capital revenue profit and equity growth for shareholders A businessdriven organization while in pursuit of economic value creation do create the social or shared values in the external environment where they operate Forprofit organizations actions    See Answer
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