Examveda

Which is one of an advantage to adopt shared value approach while practicing CSR for an organisation?

A. Integrates the needs of both the business and the charitable cause

B. Contributes to the firm by solving only environmental issues

C. Contributes fastest way to form an alliance and increase engagement among the stakeholders

D. Creates and interdependence of long-term business success on balanced social system

Answer: Option D


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Related Questions on Business Environment and International Business

Consider the following statements. Which of these statements is/are true?

A. Socialism is compatible with democracy and liberty, whereas Communism involves creating an 'equal society' through an authoritarian state

B. Totalitarianism is a form of government which involves complete submission of people to the government. The State recognizes no limits to its authority and strives to control every aspect of public and private life wherever feasible

C. India differed from core socialism as it went for a mixed economy rather than complete government control

D. All of the above statements are true