The Triple-Bottom-Line Philosophy Says That

question 121

Multiple Choice

The triple-bottom-line philosophy says that:

• A)companies should pay three times more attention to profits than to employee wellbeing.
• B)the main goal of all companies is to satisfy the needs of three groups: employees,shareholders,and suppliers.
• C)business success increases by having three times more contingent workers than permanent employees.
• D)companies should pay attention to local,national,and global customers.
• E)companies should try to support the economic,social,and environmental spheres of sustainability.

---

Definitions:

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of the company in selling its products.

Cost of Goods Available for Sale

The total cost of merchandise or inventory that a business has available to sell to customers during a certain period, including both beginning inventory and purchases made during the period.

Units of Inventory

The quantity of individual items or products that a company has available for sale or use at any given time.

Recent Purchases

Items or services bought by a company or individual in the near past.