A business strategy where companies generate economic value by addressing societal challenges Purpose : Align profitability with social progress for mutual benefits
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q
Key Pillars of CSV
A
Reconceiving Products & Markets : Develop products that meet societal needs e.g. health, sustainability
Redefining Productivity : Improve resource efficiency and reduce environmental impact
Building Clusters : Strengthen local economies through partnerships and infrastructure
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q
Why is CSV important?
A
Drives innovation and competitive advantage
Enhances long-term business sustainability
Addresses societal issues through scalable business solutions