Triple Bottom Line Accounting Is a Good Way for a Business

question 85

Multiple Choice

Triple bottom line accounting is a good way for a business to:

• A) measure its sustainability activities and share the results with stakeholders.
• B) compare its sustainability results with other firms in the same sector.
• C) get gratis PR from its annual report.
• D) share evidence with its publics that sustainability is a costly endeavor.

Differentiate between distributive and principled negotiation and understand the principles guiding each.

Describe different conflict management styles and their implications for resolving conflicts.

Identify and understand the causes of conflict in a business context.

Understand the dynamic between individual talents and team synergy in achieving extraordinary results.

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Definitions:

Net Present Value

The disparity between cash inflows' present value and cash outflows' present value through a certain time frame, utilized to determine an investment's profitability.

Fixed Costs

Costs that do not change with the level of output or sales, such as rent, salaries, and insurance premiums.

Cash Break-even Point

The point at which a business's cash inflows equal its cash outflows, excluding financing.

Degree of Operating Leverage

A ratio that quantifies the sensitivity of a company's operating income to its sales, demonstrating the impact of fixed and variable costs on profitability.