Caring for the triple bottom-line by doing the right thing for the environment and the organization’s stakeholders in an example

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Brrunno [24]

2 years ago

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Caring for the triple bottom-line by doing the right thing for the environment and the organization’s stakeholders in an example

of.

Social Studies

1 answer:

timurjin [86] · Answer 1 · 2023-06-24T16:26:47+03:00

An illustration of a sound general business philosophy is to prioritize the triple bottom line by acting ethically toward the organization's stakeholders and the environment.

<h3>What are the objectives of the triple bottom line?</h3>

TBL is devoted to concentrating on the following strategic goals:

To work together on the government's national five-year development plans (FYDP III) with other stakeholders to promote an environment that is conducive to socio-economic growth.

Five Essential Business Rules:

Leadership
Perception
Vision
Reputation
Consistency

Hence, The triple bottom line hypothesis broadens the definition of business success indicators to take into account contributions to social, economic, and environmental well-being.

Learn more about the triple bottom line:

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