The 'Triple Bottom Line' Philosophy Says That Successful Organisations Focus

question 32

True/False

The 'triple bottom line' philosophy says that successful organisations focus on financial performance three times more often than do less successful organisations.

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Definitions:

Esprit de Corps

A feeling of pride, fellowship, and common loyalty shared by members of a particular group.

Harmonious Effort

Cooperative and synchronized actions among members of a group towards a shared goal.

Henry Fayol

Refers to Henri Fayol, a French engineer and theorist, known for developing one of the earliest theories of management that emphasized organizational structure and administrative processes.

Quality Advocates

Individuals or groups who promote and support the improvement of quality within an organization or industry.