The Double Bottom Line Concept Means CEOs Must

question 14

Multiple Choice

The double bottom line concept means CEOs must:

• A) meet organizational goals and objects.
• B) achieve the mission within financial means.
• C) be accountable to their donors and the Internal Revenue Service.
• D) increase the value of the business and the wealth of its owners.

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Definitions:

Cognitive Dissonance

A state of psychological discomfort experienced when holding contradictory beliefs, attitudes, or thoughts.

Ambiguity

The quality of being open to more than one interpretation; inexactness or uncertainty in meaning.

Aid

Assistance provided for the purpose of relief and support, often in the context of financial, material, or medical help.

Pluralistic Ignorance

A psychological phenomenon where individuals mistakenly believe their feelings and beliefs are different from those of the group, even when others share the same views.