The Triple Bottom Academic

 The concept behind the triple bottom line is that companies are responsible to all their stakeholders, and these include everyone that is involved with the company whether directly or indirectly, as well as the planet we’re all living on. This approach sees shareholders as part of the stakeholder group, but only as part of it. Please respond to the following this week: How would you implement the concept of Triple Bottom Line (People, Planet, Profit) at the NAB company you created? Before Responding check out these Resources: Learn more about the Triple Bottom Line concept. You will find a description of each of the components as well as examples. Check out this video to see how the concept is applied at Honest Tea Company. Dr. Woody Interviews Seth Goldman of HONEST Tea (6 min 1 s) To help you address this week’s discussion: Video explaining how to answer this week’s discussion Notes: You will have three headings each focusing on each aspect of the triple bottom line as outlined below. Check out Chapter 14: Social Responsibility & Sustainability for more learn more. You will use this week’s information in Assignment 3 Part 2- Question 2, Ethics and Social Responsibility Plan. For week 6 discussion you will address each of 3 components as outlined below: Profit When looking at profit from this theory’s perspective, the idea is that profits will help empower and sustain the community as a whole, and not just represent a benefit for the shareholders. Briefly explain your approach. People Discuss your approach to care about suppliers, customers, community, employees. For example, to care about employees you can provide a good working environment, training and development opportunities, healthcare, etc. Planet Discuss your approach to minimize your impact on the environment. An example would be to create processes to minimize waste or reduce energy usage; maybe you are using recycled materials, etc.

#Triple #Bottom #Academic

Table of Contents

Calculate your order
Pages (275 words)
Standard price: $0.00

Latest Reviews

Impressed with the sample above? Wait there is more

Related Questions

Based on the appraisals of the two articles, complete the

Based on the appraisals of the two articles, complete the following question for both articles mentioned below: 1) 2) A systematic review of randomized

Consumer Buying Behavior

Consumer Buying Behavior Read the following Case Assignment: Ebay Creating Customers on the Move The advent of mobile commerce (m-commerce) has begun to create significant

Money Demand Regression

Should have the following headings only: I. Introduction II. Literature Review: will need to cite at least two scholarly articles related to estimating the demand

Signature Assignment

Signature Assignment Throughout this course, you explored different methodologies, designs, and data collection strategies. Using those experiences and feedback, you will develop a final proposal

New questions

Don't Let Questions or Concerns Hold You Back - Make a Free Inquiry Now!