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Great Sound Inc. is a publicly traded company that specializes in manufacturing consumer electronics. Which of the following best exemplifies the implementation of a shared value creation framework at Great Sound Inc.?

a) Maximizing shareholder profits
b) Minimizing production costs
c) Creating social and environmental benefits
d) Expanding market share

1 Answer

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Final answer:

The implementation of a shared value creation framework at Great Sound Inc. can best be exemplified by creating social and environmental benefits.

Step-by-step explanation:

The implementation of a shared value creation framework at Great Sound Inc. can best be exemplified by creating social and environmental benefits (option c). This means that Great Sound Inc. is focused on generating positive impacts for society and the environment in addition to making a profit.

By implementing practices such as reducing emissions, making greener and more efficient products, and supporting global take-back programs, Great Sound Inc. can contribute to a more sustainable and socially responsible operation. This approach aligns with the concept of shared value creation, where the company's actions benefit both itself and society as a whole.

User Doug Domeny
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