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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Answer:
C) recency errors.
Explanation:
Paul is seldom absent from work. However, an illness the previous week forced him to miss work for a day, and his supervisor evaluated his performance less positively than was warranted. This best illustrates the supervisor's vulnerability to <u>recency errors</u>. Recency error occurs when an employee or applicant is rated based on his or her most recent occurrence or performance, not taking into consideration the employees previous performance.
Paul's supervisor accessed him based purely on his most recent poor performance and did not consider is his previous good performance, he committed recency error.
Answer: Angela loses because she had entered into a 'personal satisfaction contract' with Franklin which clearly mentioned the clause which said that Angela would be paid only if the painting is acceptable in Franklin's sole judgment.
Explanation: A personal satisfaction contract legalizes the right of the receiving party of not paying the giving party on the grounds of dissatisfaction over the work or service dispensed by the latter. In the given case, Angela had agreed to the clause which mentioned that she would only be paid if her work satisfies Franklin's expectation from her work. On the grounds of dissatisfaction, Franklin rejects to pay her and she also loses the lawsuit filed against Franklin.
Answer:
True
Explanation:
It is TRUE that the role of social problems belongs to our society.
Generally, it is believed that social problem arises from the societal activities or social environment. Social problems can be traced to destructive activities in government and non-governmental institutions, including schools and families.
Hence, to solve social problems, society should take some specific roles, some of which are:
1. Provision of standard and up to date education to the citizens or inhabitants
2. Provision of jobs and creation of a conducive environment for businesses to thrives.
3. Managing population growth. The higher the population as against the resources available, the lower the standard of living will arise, as there would be inadequate resources supply to go round
4. Promotion of societal values. Promoting social problems such as smoking, gangsterism, and all that should be prohibited. At the same time, social values such as success in education and heroic acts should be rewarded.
Hence, it is TRIE that Role for social problem belongs to our society
