Reference no: EM133555448

Homework: Business Finance- Accounting- Triple Bottom Line Industry Comparison

Overview

In this module, you have learned about the benefits, drawbacks, and overall value of using the triple bottom line (TBL) in business. In this homework, you will take a closer look at how strategies for incorporating this framework are similar and different across the manufacturing industry and the service industry.

Prompt

Imagine you are a sustainability consultant, and you've been asked to create a simple handout that clarifies the similarities and differences between strategies used to incorporate the TBL into the manufacturing industry and the service industry. The handout will be provided to individuals at large and small group trainings.

Specifically, you must address the following criteria:

Question A. Similarities: Explain the similarities that exist between incorporating the TBL framework into both the service industry and the manufacturing industry, and why.

Question B. Differences: Explain the differences that exist between incorporating the TBL framework into the service industry and the manufacturing industry, and why.

Question C. Example Strategies: Provide an example of a strategy that is appropriate to use across both the service and the manufacturing industries, and provide an example that is specific to either the service or the manufacturing industry when considering people, planet, or profit through the TBL framework. Include a brief explanation of what each example demonstrates.