Which of the following refers to developing policies and practices that enhance the competitiveness of an organization while advancing the economic and social conditions of the community in which it operates?A) the commonsB) a systems viewC) carbon footprint

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Answer:

The correct answer is letter "E": shared value.

Explanation:

A firm's shared value includes the purposes of the company in achieving its goals while allowing its immediate society to reach its goals. This shared value is reviewed in deep in the entity's Corporate Responsibility which includes the preservation of the organization's environment, training their personnel for their individual development, and engaging in charitable activities to help the most in need.

The competitiveness of an organization can be maintained by continuous improvement in offering the organization this includes financial strengths and funs that are needed for making the strategic changes. Also include the introduction of newer technology.

  • Hence the enhancing of the competitiveness in any organization should have a shared value system and that can help in advancing the organization in terms of the economic and social conditions.

Hence the option E is correct.

Learn more about the refers to developing policies.

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