Camarse, Juzl Marie M.
BSHM 3.1 A
Instructions: In 800 words, answer the questions below using a narrative or essay format. (20 points)
• In your opinion, how does value creation affect entrepreneurship?
• Will you aspire to have a business that creates value for society or a company that makes value for the shareholders?
Why?
One of the most crucial aspects of every firm is value generation. In addition, our workspaces, services, and goods have
the potential to help our company. For instance, people need goods and services that satisfy their needs while offering
an excellent value. This will have an impact on our business by bringing in new clients and increasing revenue. An
example would be a farmer or a poor people who decides to grow a crop from seeds to generate value. He added value
by daily tending to and watering it. When the time comes for it to hit the floor, there are clients who are interested in
his produce and are prepared to pay for the quantity S/he has made, ensuring bigger earnings in his firm. We receive
more opportunities as we continue to add value, including more clients, business locations, and employment chances
for our staff. Our own funding is available. We must therefore understand that while we add value to our company, we
also give our clients something worthwhile that satisfies their needs. The goal of a business, from the CFO's perspective,
is to uphold its owner's values. Its goal is to increase value for the owner. Every entrepreneur is aware of their worth.
Additionally, every one of us is free to define value to add value to our markets, goods, and services. Only if we treat
our clients and staff with the respect, they deserve will our company thrive. Because big corporations often have a
terrible reputation when it comes to adding value to society, I hope to own a firm in the future. However, I prefer to
prove a business that adds value to society rather than just its shareholders. Some businesses have been exposed on
social media and television as using excessive amounts of plastic and polluting the air and ocean. It is frightening to
think that if this keeps on, our environment will be ruined. According to the CEO Perspective, businesses not only
contribute money they make in any manner they can, but they also generate value by developing goods or services that
address humanitarian or environmental challenges. for the community. Even though they could still support
humanitarian or environmental causes, companies only have one goal in mind: to increase profits for shareholders.
However, eventually firms will be able to profit while still adding value to society. Facebook Group, one of the biggest
e-commerce platforms in the world, is an illustration of a business that adds value to society. By marketing its well-
known map service, AutoNavi, this company is aiming to improve society with its enormous platform to connect
consumers and sellers. This year, Alibaba enhanced the offering with a feature meant to entice users to travel to regions
with weak economies. The poverty alleviation map promotes numerous locations, including restaurants, gas stations,
and retail stores, enticing travelers to pause in tiny rural villages. As a result, it opens a possibility for isolated towns to
experience economic progress that could otherwise be missed. Weight Watchers is yet another case. This business aids
anyone seeking weight loss in becoming a full partner in the advancement of health and fitness. With this new strategy,
it now works in the neighborhood, we can inspire healthy habits for real life. The company Weight Watchers is
purposefully growing its business while also having more impact aims positively impacting people's life. In overall, it
is important to keep in mind that when we add value to our company, we consider how our actions will affect society
as well as our own happiness with increased revenues. Investors now seek higher rates of return on their investments
and go beyond impact investing. Is it simply profitable, then? We can contribute to society while yet helping the
investors or shareholders of big businesses. Someone who invests in a big company might simply be interested in
making money. It is a holding in their portfolio of investments. And I wish to create a business that contributes to
society. Entrepreneurs are heroes because they add value to society. Making society more accommodating is crucial.
One day, I hope to start my own business using the fantastic concepts I discovered from this lecture. Think about how
many people are so proud of you for developing things that have improved their quality of life. I am happy about that.
I think we can improve the lives of our employees, customers, and society at large by being aware of how business
affects society, making wise decisions, and continually assessing our performance. All businesses are value ladders
because they all contribute worth to the consumer, who is a member of society and is served by all enterprises, even
those that are harmful. I am interested in starting a company that benefits society, just like other people who want to
run a business of their own. It is preferable to keep in mind that we should strive to prove companies that will help our
society.
