Review the triple bottom line concept. How do you think each part is weighted by most companies? What would be the consequences for financial management systems if each of the three sections were equally weighted?
Answer to relevant QuestionsLocate a random company´s website, and use the company’s reports to discover one inhibitor of its responsible business conduct and to identify its main responsible business driver.Explain each type of competency required by a responsible manager: domain, procedural, social, and self-competencies. Provide an example for each type of competency.Map the typical social, environmental, and economic life-cycle impacts through the three stages of the life cycle of a product type (e.g., a T-shirt, a kilo of coffee, a car) of your choice.Explain the relationship, including similarities and differences, between business responsibility and (a) business sustainability and (b) business ethics.Describe a fictional or real responsible business activity and develop its SROI. Then think about ways to increase the SROI, based on the calculation and its results.
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