Corporate social responsibility (CSR) is about companies managing their business processes to have an overall positive societal impact and contribute to economic development through ethical behavior and community investment. However, CSR is often seen as a cost rather than a profit center. Corporate shared value (CSV) is different in that it focuses on creating new business opportunities and markets that improve profitability and competitive position. To achieve CSV, companies identify ways their products or services can address social needs and problems in a way that creates economic value for both the company and society by expanding the overall size of the economic "pie" rather than just redistributing a fixed slice.