Triple Bottom Line Refers to

question 141

Multiple Choice

Triple bottom line refers to

• A) the recognition of the need for organizations to improve the state of people, the planet, and profit simultaneously if they are to achieve sustainable, long-term growth.
• B) the obligations an organization has to those who can affect achievement of its sales, profit, and market share objectives simultaneously.
• C) the recognition of the need for organizations to be responsible simultaneously to shareholders, employees, and customers.
• D) the obligations an organization has to practice profit, stakeholder, and societal responsibility simultaneously.
• E) three different financial statements prepared in three different formats: one for governmental regulators, one for shareholders, and one for internal use.

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Definitions:

Learning Outcomes

Clearly defined goals that participants are expected to achieve as a result of engaging in a learning process or training program.

Locus of Control

A psychological concept referring to the extent to which individuals believe they have control over events affecting their lives, distinguished between internal and external loci.

Training Motivation

The internal drive or desire within employees to participate in learning activities and apply the knowledge gained.

Internal

Pertaining to something within a particular sphere, organization, or entity, typically referring to processes, policies, or practices.