What Is the Purpose of the Double Bottom Line Social

question 42

Multiple Choice

What is the purpose of the double bottom line social audit procedure?

• A) to measure both a firm's financial performance and its efforts to meet social responsibilities
• B) to indicate a preference for meeting profit goals and de-emphasize any company social contributions that would cut into profits
• C) to develop financial rewards for managers whose fundraising contributions to community-based organizations exceed expectations
• D) to measure both sales and profits

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Definitions:

Collaborative Environment

A workplace or setting that fosters cooperation, sharing of ideas and joint effort among team members to achieve common objectives.

Organizational Goals

Objectives or targets that a company aims to achieve, which guide its operations and strategic planning.

Communication

The process of exchanging information, ideas, thoughts, and feelings through verbal or non-verbal methods, such as speaking, writing, or using technology.

Internal Noise

Psychological or emotional disturbances that interfere with the ability to process information or communicate effectively.