In the context of the triple bottom line (TBL), which of the following is a performance...

In the context of the triple bottom line (TBL), which of the following is a performance measure of economic sustainability?

Select one:

a. Fines for environmental violations

b. Corporate ethics and governance

c. Revenue from new goods and services

d. Measures of perceived value

Expert Solution

Triple bottom line (TBL) is a concept which seeks to broaden the focus on the financial bottom line by businesses to include social and environmental responsibilities. A triple bottom line measures a company's degree of social responsibility, its economic value, and its environmental impact. The Triple Bottom Line is one of the main systems being used by businesses to assess the profits they are making through their corporate sustainability solutions. The Triple Bottom Line method asks you to see beyond the traditional bottom line of business to the profits that your business makes socially, environmentally, and economically. Measuring your business using the Triple Bottom Line is one of the best markers of how sustainable your business is, and how profitable it really is.

“Fine for environmental violation” thus directly affects a company’s triple bottomline since it directly affects company’s “environmental” responsibility.

Therefore , correct answer would be “ a) Fines for environmental violations”

ANSWER : a ) Fines for environmental violation

keosha answered 2 years ago

describe the triple bottom line

What is Triple bottom line principles? How to apply triple bottom line principles in work planning(in...

What is Triple bottom line principles? How to apply triple bottom line principles in work planning(in Australian Accounting environment) (Please type your answer)

1. Triple bottom line accounting ? can lower the quality of a company's performance provides less...

1. Triple bottom line accounting ? can lower the quality of a company's performance provides less financial information than single bottom line accounting is widely used in public sector accounting. No answer text provided. 2. The profitability of a company is likely to decrease when goals in such areas as ethical sourcing, recycling, diversity, and philanthropy are set. True False

what is meant by a triple bottom line strategy given example of how and in which...

what is meant by a triple bottom line strategy given example of how and in which 0SCM activity and operations manager would adopt in this strategy

1. There are three components in the triple bottom line; people, planet, and profit. Which component...

1. There are three components in the triple bottom line; people, planet, and profit. Which component do you think is most important? Why? Reply and add to other student’s responses for full credit. 2. Assume a company has a current ratio of 2.0. List two examples of transactions that could cause the current ratio to increase. Also list two examples of transactions that could cause the current ratio to decrease. Briefly explain everything please

What is a corporate social audit and why is a triple bottom line important?

The Cadbury report addressed: A. the need to consider the triple bottom line. B. the failings...

The Cadbury report addressed: A. the need to consider the triple bottom line. B. the failings of the "comply or explain" policy. C. the cultural aspects of a company's activities. D. the financial aspects of corporate governance.

What would you say about the Triple Bottom Line ( TBL ) of McDonalds?

will a "for profit" comapny that Practices triple bottom line reporting be successful why or why...

will a "for profit" comapny that Practices triple bottom line reporting be successful why or why not?

Discuss the impacts of the Economic Growth Model on the Triple Bottom Line (TBL) of environment,...

Discuss the impacts of the Economic Growth Model on the Triple Bottom Line (TBL) of environment, economics, and equity- and discuss how a fashion (or related) company can transition to a new ecological-economics paradigm that will specifically affect the Triple Bottom Line.

Question