1. Multiple Value Creation of Businesses

• Discussion: Businesses today are no longer judged solely by their financial performance. Multiple value creation refers to the ability of businesses to generate value across several domains such as economic, social, and environmental. This aligns with the concept of sustainability and the Triple Bottom Line (TBL) framework, which considers profit, people, and planet. Economic value is created through profitable operations and innovation, ensuring financial returns for shareholders. Social value refers to the positive impact on employees, communities, and other stakeholders, such as improving quality of life, promoting fair labor practices, and contributing to social welfare. Environmental value involves reducing the ecological footprint of business operations, engaging in responsible resource use, and mitigating the impact of climate change. Conclusion: By creating value across these areas, businesses build long-term sustainability, reduce risks, and enhance their reputation, leading to competitive advantages in the market.

Amazing response Prof. Thank you so much.

A simple and practical example of value creation: in a certain city, an important avenue had a limit on the height of buildings that could be built on it. This limit was increased, with auctions so that whoever bid the most could build. In other words, value creation: more jobs in construction, more municipal property taxes and more space for housing or offices.

hoy en dia, ademas de agregar valor financiero a los accionistas, la empresa deben agregar valor a las relaciones con sus mercados y consumidores, valor social con su compromiso con los problemas de la sociedad y valor merioambiental con una practica sostenibles en los procesos de produccion

Multiple value creation in business refers to generating diverse forms of value that benefit various stakeholders, not just shareholders. It includes financial value (profits), social value (community welfare), environmental value (sustainability), and customer value (quality and satisfaction). By adopting practices like responsible sourcing, sustainable production, and community engagement, businesses can create long-term positive impacts, enhance brand reputation, and drive loyalty. This approach aligns with principles of Corporate Social Responsibility (CSR) and the Triple Bottom Line (people, planet, profit), fostering a more holistic approach to business success.

The procedure for determining the level of remuneration.

The level of earnings of an individual employee is determined by the results of his individual work or by the results of the work of the team in which he works. The first case guides and educates the values ​​of individualism. The second is collectivism.

Thanks so much Prof