Asked by Hifza Afsheen on Sep 28, 2024
What is the primary drawback associated with the triple bottom line framework?
A) generating media interest
B) developing mission statements
C) maintaining shareholder support
D) measuring corporate performance
Triple Bottom Line Framework
This framework evaluates a company's performance in terms of social, environmental, and financial outcomes, emphasizing sustainability and corporate responsibility.
Corporate Performance
Corporate performance encompasses the evaluation of a company's financial and non-financial results, productivity, and effectiveness in achieving its strategic objectives and satisfying stakeholder expectations.
Shareholder Support
The backing or endorsement by shareholders, often shown through votes or investment that aligns with the direction or decisions of a company's management.
- Elucidate the principles of the triple bottom line and their effect on organizational responsibility and efficiency.
Learning Objectives
- Elucidate the principles of the triple bottom line and their effect on organizational responsibility and efficiency.
Related questions
According to the Text,firms That Integrate Social and Environmental Goals ...
Which of the Following Is NOT One of the Three ...
The Triple Bottom Line Is Best Defined as A(n)________ ...
The Triple Bottom Line Measures ...
Which of the Following Statements Regarding CSR and Sustainability Reporting ...