Triple-Bottom-Line (TBL)reporting Is Emerging as an Important Way for Companies

question 15

Multiple Choice

Triple-bottom-line (TBL) reporting is emerging as an important way for companies to

• A)conceal their initiatives and accomplishments in the areas of diversity, environment, community, and ethics to increase profitability.
• B)make the results of their CSR strategies apparent to stakeholders and for stakeholders to hold companies accountable for their impact on society.
• C)minimize transparency and facilitate benchmarking CSR efforts across firms and industries.
• D)minimize the use of standard reporting frameworks and metrics.
• E)attract profit-oriented investors.

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Definitions:

Flow

The psychological state of being completely immersed and fully engaged in an activity, often leading to optimal performance and enjoyment.

Challenging

Describes something that is demanding and tests one's abilities, often in a way that is stimulating or rewarding.

Gratitude

A feeling of thankfulness and appreciation, often in response to receiving help or kindness from others.

Virtue

Moral excellence and righteousness; qualities or traits that embody the best of human character.