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Developing Business Acumen
Developing Business Acumen
2. Which of the three (3) models promote sustainability? Explain your answer.
Naert’s Model
Naert, dean of the Antwerp Management School in Belgium, believes that value
creation is the purpose of business. Not only this approach led to an under emphasis on
other stakeholders within the organization, but that it frequently does not even maximize
return to the shareholder. While economic value and societal value historically have
been viewed in opposition to one another as part of a zero-sum game, Naert argues
that both can be pursued at the same time.
3. Which of the three (3) models promote an ethical culture in business? Explain
your answer.
Parikh;s Model