In General, Companies That Focus on a Triple Bottom Line

question 103

Multiple Choice

In general, companies that focus on a triple bottom line are most likely to place a priority on which of the following?

• A) sustainability
• B) the production orientation
• C) the selling orientation
• D) not-for-profit marketing
• E) collaborative consumption

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Definitions:

Variable Costs

Costs that change in proportion to the level of goods or services produced by a business.

Net Income

The total profit of a company after all expenses, including taxes and operating costs, have been subtracted from total revenues.

Variable Production Cost

Costs that fluctuate with the production volume, including variable manufacturing overhead, direct materials, and direct labor.

Fixed Production Cost

Costs that do not vary with the level of output, such as salaries, rent, and depreciation of production facilities.