Asked by Leslie Katie on Jul 17, 2024
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The triple bottom line measures:
A) Measures a company's economic, social and environmental performance.
B) Measures a company's performance within its three financial statements.
C) Measures a company's performance within the primary, secondary and tertiary markets.
D) Measures a company's performance of its revenues, gross profit and net income against its annual strategic plan.
E) Measures a company's performance against the top three competitors in the market.
Triple Bottom Line
A sustainability framework that examines a company's social, environmental, and financial performance.
Environmental Performance
A measure of how well an organization or country is progressing towards meeting its environmental goals and obligations.
Social Performance
The measure of an organization's ability to manage its socio-environmental impacts, fulfill social responsibilities, and achieve social goals.
- Explain the concept of the triple bottom line and its significance in evaluating a company's performance.
Verified Answer
Learning Objectives
- Explain the concept of the triple bottom line and its significance in evaluating a company's performance.
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