The 'triple bottom line' philosophy says that successful organisations focus on financial performance three times more often than do less successful organisations.

Question

Quizplus · Accepted Answer

The 'triple bottom line' philosophy emphasizes that successful organizations prioritize the three Ps - People, Planet, and Profit - equally to achieve long-term sustainable growth. It does not suggest that financial performance is more important than the other two components. Therefore, less successful organizations may also focus on financial performance, but neglecting social and environmental impacts can undermine their overall success in the long run.

The 'Triple Bottom Line' Philosophy Says That Successful Organisations Focus