Triple Bottom Line Is a Phrase That Captures

question 40

Multiple Choice

Triple bottom line is a phrase that captures
A. The concept that shareholders like economic, environmental and societal stewardship affecting shareholders and stake holders.
B. The concept that firms should consider economic prosperity, environmental stewardship and social responsibility affecting shareholders and stake holders.
C. The concept that sustainability, social awareness and profitability are three important measures for a firm affecting shareholders and stake holders.
D. The concept that firms should consider economic prosperity, environmental stewardship and social responsibility affecting only shareholders.

• A) Choice A
• B) Choice B
• C) Choice C
• D) Choice D
• E) None of the above

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Definitions:

Organization Development

A planned effort to increase an organization's effectiveness and viability through interventions in its processes and structures.

Social Science Theory

A framework of ideas and concepts that helps explain human behavior and societal interactions.

Reciprocal Relationship

A mutual relationship in which two or more entities influence or affect each other's development or behavior.

Internal Change Agents

Individuals within an organization who promote and facilitate change efforts, often by encouraging innovation and adaptation to new processes or cultures.