Lobbying and International Perspective. Social Entrepreneurship. Students’ Presentations

Question 1

Shared Value Concept Development

Answer 1

• Corporate Philanthropy
• Corporate Social Responsibility
• Creating shared value

Question 2

Creating CSV

Answer 2

• successful company needs:
• healthy society to be more productive
• safe products and work conditions to attract customers and lower costs
• efficient utilization of land, water, energy to be more productive
• stable government, law, etc

Question 3

to practice shared value concept

Answer 3

• identify points of intersection between the organization and society
• select social issues to address
• mount a small number of initiatives that generate large and distinctive benefits for society and your company

Question 4

Three tests for CSV

Answer 4

• shared value test - additional value is created as opposed to value redistribution
• integrity test - social goals achievements is the condition for business success
• sustainability test - in long run social benefits are self-propelling

Question 5

Three basic approaches to create shared value:

Answer 5

• re-conceiving products and markets
• redefining productivity in the value chain
• enabling local cluster development

Question 6

advocacy

Answer 6

Action taken to support a general cause including holding events to highlight an issue or the effects of a problem on people or a community

Question 7

lobbying

Answer 7

Action taken to support or oppose specific legislation at the local, state, national gov’t level including contacting a legislator to request his/her vote in favor of, or against a specific bill.