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As we manage organizations with stewardship and social responsibility, in business we must also focus our attentions on the where we evaluate organizational performance on economic, social, and environmental criteria. O profit triple bottom line O revenue O processes

As we manage organizations with stewardship and social responsibility, in business we must also focus our attentions on the where we evaluate organizational performance on economic, social, and environmental criteria. O profit triple bottom line O revenue O processes

Understanding Business
Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Question 10 __________ expose the misdeeds of others in organizations. - a. Whistleblowers - b. CEO's - c. Human Resources - d. Social networking posts Option a. Whistleblowers is selected. Description: This multiple-choice question requires identifying who is responsible for exposing misdeeds within organizations. The choices include Whistleblowers, CEO's, Human Resources, and Social networking posts, with "Whistleblowers" being the selected answer.
Transcribed Image Text:Question 10 __________ expose the misdeeds of others in organizations. - a. Whistleblowers - b. CEO's - c. Human Resources - d. Social networking posts Option a. Whistleblowers is selected. Description: This multiple-choice question requires identifying who is responsible for exposing misdeeds within organizations. The choices include Whistleblowers, CEO's, Human Resources, and Social networking posts, with "Whistleblowers" being the selected answer.
**Question 11** _As we manage organizations with stewardship and social responsibility, in business we must also focus our attentions on the _______ where we evaluate organizational performance on economic, social, and environmental criteria._ - ○ profit - ● triple bottom line - ○ revenue - ○ processes **Explanation:** This question highlights the importance of evaluating an organization not just on financial profit but also on social and environmental impact. The correct answer is "triple bottom line," which is a framework that encourages businesses to measure their success in terms of three bottom lines: economic, social, and environmental. This approach promotes sustainability and corporate social responsibility.
Transcribed Image Text:**Question 11** _As we manage organizations with stewardship and social responsibility, in business we must also focus our attentions on the _______ where we evaluate organizational performance on economic, social, and environmental criteria._ - ○ profit - ● triple bottom line - ○ revenue - ○ processes **Explanation:** This question highlights the importance of evaluating an organization not just on financial profit but also on social and environmental impact. The correct answer is "triple bottom line," which is a framework that encourages businesses to measure their success in terms of three bottom lines: economic, social, and environmental. This approach promotes sustainability and corporate social responsibility.
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