Question

Which of the following is false​? A. ERP systems integrate information from all company functions into a centralized data warehouse. B. Lean operations is a philosophy and business strategy of operating without waste. C. The triple bottom line focuses on three​ items: net​ income, net​ assets, and return on investment. D. Globalization has increased the necessity for more detailed and accurate cost information.

Answer 1

Answer:

C) The triple bottom line focuses on three​ items: net​ income, net​ assets, and return on investment.

Explanation:

The triple bottom line (TBL) focuses on three main items:

1. commitment to social responsibility: the corporation must be socially accountable to its shareholders, the general public and to itself.
2. commitment to environmental sustainability: fulfill the corporation's current needs without compromising the ability of future generations to fulfill their own needs.
3. commitment to financial growth: in other words making the largest possible profits without disregarding the previous two commitments.