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.
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It should be noted that the use of qualitative and quantitative approach to collecting data is known as Triangulation.
<h3>What is triangulation?</h3>
Triangulation simply means the method that is used by researchers to increase the validity and credibility of research findings.
Triangulation is when a researcher uses a qualitative and quantitative approach to collecting data. This is important to make the work credible.
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Shaah Bootha is the youngest charted accountant in South Africa.
Shaah Bootha became charted accountant at the age of 18.
<span>Some of these trade routes had been in use for centuries, but by the beginning of the first century A.D., merchants, diplomats, and travelers could (in theory) cross the ancient world from Britain and Spain in the west to China and Japan in the east</span>