The "Triple Bottom Line" Focuses on What Three Factors That

question 56

Multiple Choice

The "triple bottom line" focuses on what three factors that influence a firm's ability to survive and thrive in the long run?

• A)People, places, things
• B)Profit, people, planet
• C)Profit, people, place
• D)Planet, profit, place

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Definitions:

Bank

A financial institution licensed to receive deposits, offer loans, and provide other financial services.

Accounts Payable

Short-term liabilities of a company, representing amounts owed to suppliers or creditors for goods and services received but not yet paid for.

Computer

An electronic device capable of manipulating data or information, allowing for storage, retrieval, and processing to perform various tasks.

Capital

The financial resources available for use, such as cash, goods, or property, invested to create profit.