The triple bottom-line is not just a link between stakeholders and the firm but is also a valuable tool the firm uses to enhance its long-term sustainability from both a financial and a nonfinancial perspective.

Question

Quizplus · Accepted Answer

The triple bottom line approach considers social, environmental, and financial impacts of a firm's operations and decisions, and can help enhance its long-term sustainability from both financial and nonfinancial perspectives. Therefore, the statement is true.

The Triple Bottom-Line Is Not Just a Link Between Stakeholders