Asked by Nguyên Tr?ng on Jul 05, 2024
Verified
CSR can be described as context-specific actions and policies, taking stakeholders' expectations into account, to achieve what is referred to as the triple bottom line. The triple bottom line includes ________ performance.
A) economic, social, and environmental
B) economic, social, and political
C) financial, economic, and social
D) social, environmental, and political
E) financial, social, and environmental
Triple Bottom Line
An accounting framework that considers social, environmental, and financial impacts of decisions, aiming for a balance between profit, people, and the planet.
Context-Specific Actions
Actions or decisions made based on the particular details and circumstances of a given situation, often tailored to meet specific challenges or opportunities.
Stakeholders' Expectations
The anticipations and demands that stakeholders (such as shareholders, employees, customers, and communities) have from an organization.
- Acknowledge the interplay between corporate social responsibility (CSR), conscious marketing, and ethical climates within business entities.
Verified Answer
AS
ashish salpeJul 08, 2024
Final Answer :
A
Explanation :
The triple bottom line includes economic, social, and environmental performance.
Learning Objectives
- Acknowledge the interplay between corporate social responsibility (CSR), conscious marketing, and ethical climates within business entities.