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The "Triple-Bottom-Line" Philosophy Says That Successful Organizations Focus on Financial

question 155

True/False

The "triple-bottom-line" philosophy says that successful organizations focus on financial performance three times more often than do less successful organizations.


Definitions:

Environmental Cost Leadership Strategy

A business approach focusing on increasing market competitiveness by reducing environmental impact and costs through efficient practices.

Social Media

Online platforms and technologies that enable users to create, share content, or participate in social networking.

Communication Tool

A medium or channel through which information or messages are transmitted to target audiences.

Eco-efficiency

Achieving economic efficiency in business while minimizing negative environmental impacts.

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