Each of your posts should cite and reference at least one credible and relevant source Respond to the following in a minimum of 175 words: Discuss the difference between economic value and social...

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Each of your posts should cite and reference at least one credible and relevant source


Respond to the following in a minimum of 175 words:



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

  • Under what circumstances would a company choose to focus on the creation of one type of value over another?

  • Is it possible to focus on creating both types of value, and how might a company and its stakeholders benefit from such a strategy?

Answered Same DayJan 11, 2021

Answer To: Each of your posts should cite and reference at least one credible and relevant source Respond to...

Khushboo answered on Jan 12 2021
143 Votes
Economic value v/s social value
Economic values are measured in terms of benefits provided by the p
roducts or services to a group of persons or final consumer. Economic values most deal with the monetary terms and conditions. Social values are measured in terms of relative importance and it depends upon experience of each individual. Social values are important part of society and major examples are such as equality, rationality and patriotism etc. The social values are always important than economic value because social values create higher value for a business in comparison...
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