Which of the Following Statements Is True of the Triple-Bottom-Line

question 99

Multiple Choice

Which of the following statements is true of the triple-bottom-line?

• A) It is more or less a one-dimensional metric of measuring competitive advantage of a firm.
• B) Its primary focus is to base a firm's strategic goals entirely on external performance dimensions.
• C) According to this approach, achieving positive results in any one of the dimensions, economic, social, and ecological, can lead to a sustainable strategy.
• D) Three dimensions, economic, social, and ecological, make up the triple-bottom-line.

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Definitions:

Extrinsic Motivators

Benefits that are “added on”; they are not a necessary part of the product or action.

Myers-Briggs Typology

A psychological classification system based on Carl Jung theories, used to categorize individuals into personality types based on preferences in how they perceive the world and make decisions.

Intuitive Types

People who prefer relying on intuition and are often characterized by their focus on future possibilities and abstract concepts.

Sensing Types

Personality types that prefer to perceive information through the five senses and focus on the present rather than possibilities.