Triple-bottom line refers to
A) the recognition of the need for organizations to improve the state of people, the planet, and profit simultaneously if they are to achieve sustainable, long-term growth.
B) the obligations an organization has to those who can affect achievement of its sales, profit, and market share objectives simultaneously.
C) the recognition of the need for organizations to be responsible simultaneously to shareholders, employees, and customers.
D) the obligations an organization has to practice profit, stakeholder, and societal responsibility simultaneously.
E) three different financial statements prepared in three different formats: one for governmental regulators, one for shareholders, and one for internal use
Correct Answer:
Verified
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Q109: Stakeholder responsibility refers to
A) the view that
Q111: Profit responsibility refers to
A) the obligation of
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Q150: The obligation organizations have to the preservation
Q312: Societal responsibility refers to
A)the obligation that organizations
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