Creating shared value is defined as

Multiple Choice

implementing policies and operating practices that enhance the competitiveness of a company while simultaneously advancing the economic and social conditions in the communities in which it operates.

a form of licensing in which a company allows a foreign company to pay it a fee and a share of the profit in return for using the first company's brand name and a package of materials and services.

translating principles based on best evidence into organizational practice, bringing rationality to the decision$-$making process.

the increasing tendency of the economies of the world to interact with one another as one market instead of many national markets.

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