Triple Bottom Line Refers to

question 141

Multiple Choice

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.

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Definitions:

F(x)

Generally refers to a function of x, which might denote a variety of mathematical relationships depending on the context.

Exponential Distribution

Exponential distribution is a continuous probability distribution used to model the time between events in a Poisson process, characterizing occurrences that happen independently and at a constant average rate.

Probability Distribution

It is a mathematical tool that quantifies the probability of different outcomes in any given experiment.

Exponentially Distributed

Pertaining to a continuous probability distribution used to model the time between events in a process that occur continuously and independently at a constant average rate.