The "Triple Bottom Line" Philosophy Says That in Addition to Their

question 93

True/False

The "triple bottom line" philosophy says that in addition to their own profitability, successful organizations focus on the financial performance of their suppliers and customers.

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Definitions:

Unbalanced Relationship

A relationship where there is an unequal distribution of effort, emotion, or power between the parties involved.

Married Couple

Two individuals united by marriage, forming a legal and social partnership recognized by various institutions.

Festinger

Refers to Leon Festinger, known for cognitive dissonance theory, which suggests that we have an inner drive to hold all our attitudes and beliefs in harmony and avoid disharmony or dissonance.

Cognitions

Mental processes involved in gaining knowledge and comprehension, including thought, judgment, and problem-solving.