Reference no: EM132353263
The Triple Bottom Line"
The concept behind the "triple bottom line" is that companies are responsible to all their stakeholders. This includes everyone who is involved with the company whether directly or indirectly, as well as the planet on which we all live. This approach sees shareholders as part of the stakeholder group, but only as part of it. Before writing your response to this week's discussion,
1. How would you implement the concept of Triple Bottom Line (People, Planet, Profit) at the NAB company you created?
Notes:
· Your response should have three headings, each focusing on an aspect of the triple bottom line as outlined below.
· Check out Chapter 14: Social Responsibility & Sustainability for more information.
· You will use this week's information in Assignment 3: Ethics and Social Responsibility Plan.
Keep the following format in mind as you complete this week's discussion:
· 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.)
|
Explain the reasons for such cultural response bias
: Studies show that people in countries such as Japan and Korea tend to evaluate themselves critically in surveys; they tend to consider self as not necessarily.
|
|
How the media distort reality
: TV and movie apologists are forever telling us that we have no business criticizing them because they are only holding a mirror up to reality.
|
|
Determine the optimal order quantity
: A mail-order house uses 16,540 boxes a year. Carrying costs are 60 cents per box a year, and ordering costs are $96. The following price schedule applies.
|
|
Analyze social consequences of not leading with intelligence
: Analyze some of the social and organizational consequences of not leading with intelligence (emotional, cultural, etc...) Defend at least three ways that.
|
|
Discuss your approach to minimize your impact on environment
: Discuss your approach to minimize your impact on the environment. Discuss your approach to care about suppliers, customers, community, employees.
|
|
Identify power relations for aspects of positive sum outcome
: Identify power relations for their aspects of positive-sum, zero-sum, or negative sum outcomes. Deconstruct in a systematic analysis the evolution of an actual.
|
|
Develop a risk management plan for your project
: BSBPMG522 Undertake Project Work Assignment, Choice Business College, Australia. Develop a risk management plan for your project
|
|
Focus on the financial statement analysis
: Last week you selected a publicly traded company and found their annual report. Focus on the financial statement analysis chapter you are reading this week.
|
|
What is your strategy to improve the areas identified
: Review this week's assigned reading in the course text, Essential Guide to Critical Reading and Writing. Then, review and reflect on the journal entry you wrote
|