sub- technology innovation

please explain answer in details

QUESTION

A triple bottom line approach is increasingly important for all businesses, but high-tech businesses, in particular, have taken a leadership role in this area. Explain the business philosophy of the triple bottom line approach and discuss how Apple can adopt this approach in their businesses, including corporate social responsibility and environmental initiatives with examples.

please explain in details will upvote.

some hints are given below

CASE: APPLE INTRODUCES AIRTAG PRESS RELEASE April 20, 2021 Apple introduces AirTag Apple expands the Find My ecosystem with AirTag, an iPhone accessory that provides a private and secure way to easily locate the items that matter most, available beginning Friday, April 30 ( Source: https://www.apple.comewsroom/2021/04/apple-introduces-airtag Refer to the website provided above as well as other related references to answer the following questions: Triple Bottom Line o The triple bottom line refers to a business philosophy that addresses three areas in business strategy: economic (profit), societal (people), and environmental (planet). Corporate Social Responsibility (CSR) | CSR refers to efforts by a company to incorporate/consider the impact of its activities on all stakeholders affected by its business decisions; such stakeholders might include employees, customers, suppliers, shareholders, and the local community in which it operates. Three Approaches to CSR Business Case CSR Primary focus on financial/ economic goals Syncretic Stewardship Balance economic and noneconomic interests Social Values Focus Primary focus on solving societal problems Focus on: Economic goals Non-economic goals