The management team for Volcanic Batteries came up with the following vision statement: "Volcanic Batteries will conscientiously track its financial performance to ensure profits for its investors, enhance its community through employment and supporting charities, and dispose of waste in a manner that will not harm the environment." This vision statement is most likely based on the
A) accounting profitability approach.
B) economic value creation approach.
C) triple-bottom-line approach.
D) balanced-scorecard approach.

Question

Quizplus · Accepted Answer

Triple-bottom-line stresses a combination of economic, social, and ecological concerns that can lead to a sustainable strategy, which are reflected in the vision statement for Volcanic Batteries.

The Management Team for Volcanic Batteries Came Up with the Following