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CIPS L5M5 Exam - Topic 1 Question 12 Discussion

Porter's concept of ''Creating Shared Value'' combines CSR with what other action?
B) Philanthropy
A) Marketing
C) Philosophy
D) Economics

CIPS L5M5 Exam - Topic 1 Question 12 Discussion

Actual exam question for CIPS's L5M5 exam
Question #: 12
Topic #: 1
[All L5M5 Questions]

Porter's concept of ''Creating Shared Value'' combines CSR with what other action?

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Suggested Answer: B

Comprehensive and Detailed Explanation From Exact Extract of Documents:

Porter's Creating Shared Value (CSV) concept integrates Corporate Social Responsibility (CSR) with philanthropy (B), meaning that companies can generate economic value while simultaneously creating social value for communities. The L5M5 study guide stresses that businesses can strengthen competitiveness while advancing social and economic conditions where they operate. Unlike traditional philanthropy, CSV embeds social impact into core business strategy rather than being a peripheral activity. Procurement professionals can apply this by selecting suppliers who deliver both economic efficiency and community benefits.

Reference: Managing Ethical Procurement and Supply (L5M5) Study Guide, section on CSR and shared value


by Erasmo at Mar 31, 2026, 11:40 PM

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Val
19 days ago
Philanthropy is good, but not the main focus here.
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Kenny
25 days ago
True, economics is key for sustainable growth.
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Lashandra
30 days ago
I don't think it's C) Philosophy. That doesn't fit.
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Rueben
1 month ago
I see it as a mix of A and D. Marketing drives economic value.
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Fannie
1 month ago
But isn't it also linked to B) Philanthropy?
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Arminda
2 months ago
I agree with Valentine, it's definitely about creating value through economics.
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Vernell
2 months ago
I feel like it's more about A) Marketing.
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Valentine
2 months ago
I think it's D) Economics.
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Carlton
2 months ago
I think it’s a mix, but D) Economics is key!
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Jarvis
2 months ago
Wait, is it really just about economics? Sounds too simple.
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Marshall
2 months ago
Totally agree with D) Economics! Makes sense.
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Loren
4 months ago
I thought it was more about B) Philanthropy!
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Willow
4 months ago
It's definitely D) Economics.
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Nobuko
5 months ago
I thought it was about marketing, but now I’m second-guessing myself. Maybe it’s more about the economic aspects?
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Lynelle
5 months ago
I’m leaning towards economics for this one. It seems to fit with how businesses can create value for both themselves and society.
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Harrison
5 months ago
I remember discussing CSR in class, and I feel like it was tied to philanthropy somehow. But I can't recall if that's the right answer here.
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Ernest
5 months ago
I think "Creating Shared Value" is linked to economics, but I’m not entirely sure. It could also be about marketing, right?
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