Question

3. 1.2 Explain how the looting of shops and malls will affect businesses in terms of the relationship between social responsibility and Triple bottom line
​

Answer 1

The looting of shops and malls reduces the incentives for businesses to carry out their social responsibility and minimizes their ability to meet the Triple bottom line.

Social responsibility imposes an obligation on businesses to strike a good balance between these factors:

• economic growth
• social welfare
• environment impact

Similarly, businesses have the mandate to meet the Triple bottom line in these ways:

• Meeting financial performance targets in terms of profits and shareholder values
• Making positive social impact on the people, internal and external
• Ensuring that their environmental footprint is not too negative on the planet.

Thus, when people engage in the looting of shops and malls at the slightest provocation, the ability of businesses to meet both their social responsibility and Triple bottom line is jeopardized.

Learn more about social responsibility and Triple bottom line here: brainly.com/question/1339420

Also read why looting of shops and malls should not be encouraged here: brainly.com/question/24390925

Answer 2

Looting shops and malls is a serious crime which today's world faces. Whenever there is any event or natural disaster there is a group of people who exploit this situation.

Many shops and malls are looted as everyone is busy escaping the natural disaster.

There are the people who benefit from these crisis. There is social responsibility of every citizen not to exploit the situation.

Learn more at brainly.com/question/24383254