The main argument in the article is to try to explain how social strategy can create value. It provided information on various factors both internal and external that can affect the creating of value in the market. According to the author, social corporate social responsibility is a determining factor when it comes to value creating. The terms refer to a situation in which a firm can provide other additional benefits to the public rather than focusing on making profits.
One of the important facts that the author uses to support the claim is the use various theories including the social responsibility to explain how the social function. It is important for the manufacturer to understand the customers for him or her to create value. Another fact is the use of market and nonmarket stakeholders. Such people play an important role in the value creation in the market. Also, other factors that are included are the external factors which surround the operation of a person. Through creating the value strategy, it would be important to understand how the government can influence the society.
Delegate your assignment to our experts and they will do the rest.
The main information that is discussed in this text that is similar to the previous one is the theoretical basis for defining social strategy. The author has tried to use similar theories to explain how corporate social responsibility functions. In that aspect, it was important to use similar theories.
One example of the bias that is evident in the text relates to how other factors can manipulate the society. It shows that some business is more advantageous compared to others.
Corporate social responsibility is one of the concepts discussed in the texts, and it refers to the ability of any firms to understand the customers and provide additional values that will benefit the people.
I agree with the author because the information provided is similar to what other authors have written regarding Value Creation through Social Strategy. I have had a chance to do research on the claim about Value Creation through Social Strategy from various sources and found out that the results are similar as written by different authors. Also, the ideal is realistic as it can be put into practice and examined practically.
