Shared Value Definition and Explanation PDF | Download eBooks
Learn Shared Value definition in supply chain management with explanation to study “What is Shared value”. Study shared value explanation with SCM terms to review supply chain management course for online MBA programs.
Shared Value Definition:
Developing policies and practices that enhance the competitiveness of an organization while advancing the economic and social conditions in the communities in which it operates.
Operations Management: Sustainability and Supply Chain Management by Jay Heizer, Barry Render, Chuck Munson
Shared Value Explanation:
Management strategy adopted by the organizations and their main focus is to create measureable value to the business in to identify and address social problems that are related to the firm's business. Organizations create shared value that benefits their whole firm not only for profit but to satisfy the customers.
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