Asked by Jenna Grace Milionis on Jul 21, 2024
Verified
Many businesses responded to sustainability by adopting a triple bottom line approach, taking into consideration social and environmental performance variables in addition to _______________.
A) managerial performance
B) economic performance
C) board of directors performance
D) customer focus
E) stakeholder focus
Triple Bottom Line
A sustainability framework that evaluates a company's performance based on three Ps: profit, people, and planet.
Economic Performance
A measurement of how well an economy is doing, based on factors like GDP growth, unemployment rates, and inflation.
Social Performance
The measurement and assessment of a company or organization's impact on its stakeholders and society at large, considering social, environmental, and economic factors.
- Familiarize oneself with the responsibilities businesses have in ensuring economic and social sustainability.
Verified Answer
Learning Objectives
- Familiarize oneself with the responsibilities businesses have in ensuring economic and social sustainability.
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