Which of These Is Regarded as a Benefit of Triple

question 1

Multiple Choice

Which of these is regarded as a benefit of triple bottom line reporting for companies practicing it?

• A)Encouragement of a value driven culture.
• B)Better management of risk.
• C)Attracting better staff.
• D)All of the above.

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Definitions:

Price Elasticity of Supply

An indicator of the sensitivity of the amount of a product provided to shifts in its price.

Market Period

A very short time frame in economics during which the supply of a good is fixed, meaning it cannot be increased or decreased in response to changes in price.

Short Run

A period in economics where at least one factor of production is fixed and cannot be changed, influencing the adjustment capabilities of a business.

Elasticity of Demand

An analysis demonstrating how changes in pricing impact the demand for a good.