Which of the Following Is an Advantage of a Triple-Bottom-Line

question 10

Multiple Choice

Which of the following is an advantage of a triple-bottom-line approach?

• A) The approach takes an integrative and holistic view in assessing a company's performance.
• B) The approach does not rely on an external view of a firm to assess its performance.
• C) The approach is more of a quantitative performance metric rather than a mere conceptual framework.
• D) The framework can help managers assess a firm's competitive advantage without taking into account the firm's performance along noneconomic dimensions.

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Definitions:

Helping Profession

Encompasses career fields that are dedicated to improving the well-being and alleviating the suffering of others.

Persistent Reactions

Continuous or long-lasting responses to stimuli or events, often seen in the context of psychological conditions.

Critical Self-examination

A process of reflective thinking where an individual rigorously assesses their own thoughts, feelings, actions, and motives.

Ineffective

Not capable of producing the expected effect or results within a specific context or situation.