The approach that considers a company's social, financial, and environmental impact rather than focusing solely on its financial impact is the _____ approach.

Question

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The triple bottom-line approach considers a company's social, financial, and environmental impact, while the other options do not include all three factors. Corporate governance focuses on how a company is managed, while ethical governance refers to the moral principles guiding a company's actions. The double bottom-line approach only considers a company's financial and social impact.

The Approach That Considers a Company's Social, Financial, and Environmental