Is the organization making a profit

Assignment Help Corporate Finance
Reference no: EM131327949

Discussion: Shared Practice: The Triple Bottom Line

"Is the organization making a profit?" That is what most stakeholders think about when they look at the bottom line. Yet, an organization might be making a profit while dumping toxic waste into the environment, treating employees poorly, or failing to conserve resources. Nonfinancial performance measures such as these can be challenging to measure. The Triple Bottom Line (TBL) is a framework that incorporates nonfinancial factors in measuring the performance of an organization. In addition to assessing profitability, the TBL approach also assesses an organization's social and ecological impact.

Today's socially conscious executive thoroughly grasps the significance of the TBL in terms of organizational and cultural success. TBL, which is sometimes referred to as part of the broader term corporate social responsibility (CSR), is a measure of an organization's financial health, environmental sustainability, and its furtherance of social justice. One question that can be used to assess if an organization is meeting TBL objectives is whether or not the human experience of all stakeholders is elevated due to its work.

To prepare for this Discussion, "Shared Practice: The Triple Bottom Line," review the Learning Resources for this week and consider how the Triple Bottom Line is related to and affected by an organization's performance. Reflect on the meaning of corporate social responsibility and how this might impact your role in promoting social change.

Post the following:

•Predict how the implementation of the Triple Bottom Line would affect your current or former organization's performance. Be sure to include at least two short term consequences and at least two long term consequences of using the TBL measurement system.

•Provide an explanation of how you view the relationship between corporate profits and social responsibility.

•Describe how you (as an executive) plan to use some of the skills learned in this course to promote social change in your organization now and in the future.

Reference no: EM131327949

Questions Cloud

Read the given document and check for grammar errors : Read the given document and check for grammar errors.- In this class I have to write two assignments are the Rhetorical Analysis paper and the Discipline Investigation assignment.
Calculate the average rate of change of r : By choosing small values for h, estimate the instantaneous rate of change of revenue with respect to change in quantity at q = 2 kilograms.
Compare and contrast the lean service system : From the second e-Activity, compare and contrast the lean service system found with Southwest Airlines to a full-service airline such as United Airlines, British Airways, and other large carriers in terms of cabin service, boarding process, baggag..
Discuss about the international crime witness : After providing your report to the professor in Assignment , the country's governing body asks you to return to the country and testify in the court proceedings. While you are abroad, your professor asks you to report on the court proceedings and ..
Is the organization making a profit : "Is the organization making a profit?" That is what most stakeholders think about when they look at the bottom line. Yet, an organization might be making a profit while dumping toxic waste into the environment
Discuss productivity and evaluation in the police department : What are the characteristics of today's productive police department?Describe how evaluation criteria employed in the traditional policing model, such as crime rates, clearance rates, and response times, have been problematic when applied to the c..
Describe the vital role of police leaders : Describe the vital role of police leaders, especially first-line supervisors, in preventing and addressing problems of patrol officer ethics.What are the specific rights that police officers possess, and what are the areas in which they have limit..
What are the primary steps in crime scene investigation : Sexual assault can be the afterthought or primary motivation in burglaries. Home burglaries that are interrupted may result in a sexual assault. It then becomes necessary to process the crime scene for both rape and burglary.With regard to the sex..
Differentiate the service and the manufacturing process : OPS/571 OPERATIONS MANAGEMENT ASSIGNMENT. Develop a 700-word Executive Summary in which you identify appropriate design approaches for the selected product and service used in the Process Design Matrix. Differentiate the service process and the man..

Reviews

Write a Review

Corporate Finance Questions & Answers

  Impact of the global economic crisis on business environment

This paper reviews the article of ‘the impact of the global economic crisis on the business environment' that is written by Roman & Sargu (2011).

  Explain the short and the long-run effects on real output

Explain the short and the long-run effects on real output, price, and unemployment

  Examine the requirements for measuring assets

Examine the needs for measuring assets at fair value in accounting standards

  Financial analysis report driven by rigorous ratio analysis

Financial analysis report driven by rigorous ratio analysis

  Calculate the value of the merged company

Calculate the value of the merged company, the gains (losses) to each group of shareholders, NPV of the deal under different payment methods. Synergy remains the same regardless of payment method.

  Stock market project

Select five companies for the purpose of tracking the stock market, preparing research on the companies, and preparing company reports.

  Write paper on financial analysis and business analysis

Write paper on financial analysis and business analysis

  Intermediate finance

Presence of the taxes increase or decrease the value of the firm

  Average price-earnings ratio

What is the value per share of the company's stock

  Determine the financial consequences

Show by calculation the net present value for the three alternatives (no education, network design certification, mba). Also, according to NPV suggest which alternative you advise your friend to choose

  Prepare a spread sheet model

Prepare a spread sheet model for the client that determines NPV/IRR with and without tax.

  Principles and tools for financial decision-making

Principles and tools for financial decision-making. Analyse the concept of corporate capital structure and compute cost of capital.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd