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The Role of Business in Social and Economic Development Evolving Approaches Philanthropy Corporate Social Responsibility (CSR) • Donations to worthy • Compliance with social causes Volunteering · community standards Good corporate citizenship "Sustainability" • Creating Shared Value (CSV) Integrating societal improvement into economic value creation itself Driving social improvement with a business model Copyright 2012 Professor Michael E. Porter 25 20121019-Mexican Competitiveness Presentation-FINAL

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