How does GE exemplify the creation of a shared value creation framework?

What will be an ideal response?


The shared value creation framework proposes that managers maintain a dual focus on shareholder value creation and value creation for society. GE, for example, has strengthened its competitiveness by creating a profitable business with its "green" Ecomagination initiative. Ecomagination is GE's strategic initiative to provide cleaner and more efficient sources of energy, provide abundant sources of clean water anywhere in the world, and reduce emissions. Through applying strategic innovation, GE is providing solutions for some tough environmental challenges, while driving company growth at the same time. Ecomagination solutions and products allow GE to increase the perceived value it creates for its customers while lowering costs to produce and deliver the "green" products and services. Ecomagination allows GE to solve the trade-off between increasing value creation and lower costs at the same time. This in turn enhances GE's economic value creation and its competitive advantage. Moreover, Ecomagination products and services also create value for society in terms of reducing emissions and lowering energy consumption, among other benefits.

Business

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Which of the following statements is true of primary diversity?

A. Primary diversity includes things that are not as often considered but that are integral to an individual's make up. B. Primary diversity includes commonly thought of differences between people such as age, ethnicity, gender, characteristics, race, and sexual orientation. C. The dimensions of primary diversity are factors that an individual has some control over. D. Marital status, military experience, and religion are some of the components of primary diversity.

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Which type of retailer has a high proportion of merchandise space to selling space?

a. full-service specialty store b. supermarket c. warehouse store d. gas station

Business

The following sentence demonstrates parallel structure: Maggie was organized, punctual, and she was always positive

Indicate whether the statement is true or false

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Shapers should be relied upon for help, guidance, and advice

Indicate whether the statement is true or false

Business