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.
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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.
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Answer:
It is an important law of the land.
It determines the relationship of the citizens with the governments.
It lays down principles and guidelines which are required for people belonging to different ethnic and religious groups to live in harmony.
When the price level falls, businesses are unable to sell their products at a price high enough to cover costs they have already incurred, putting producers at risk of failure
Answer:
qualitative research
Explanation:
Richard, a research scholar, wanted to do a research study in a subject which does not have a lot of preexisting knowledge. SO he will have to ask basic question to his research subjects in order to get an overall idea about the topic. By doing such he will be able to gain a basic knowledge about the subject he had chosen.
Qualitative research is done to obtain or which aims at expanding and gaining knowledge by asking basic question research participants related to the subjects.
Thus the answer is qualitative research.
