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

Solutions

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 11 months ago

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