Answer to Question #300550 in Management for Ballo

Question

Discuss the "triple bottom line" and propose how you will be simultaneously economically viable whilst being socially and environmentally responsible.

Answer 1

The triple bottom line is a business idea that states that instead of focusing exclusively on earning profit, or the traditional "bottom line," businesses should commit to monitoring their social and environmental effect in addition to their financial performance. I will ensure that I begin charitable activities that help in paying school fees for the orphans as well as teaching the community on ways of preserving the environment.