CMA Foundation · Fundamentals of Business Economics and Management · Economic and Business Environment
The 'triple bottom line' approach to measuring business performance evaluates a firm on which three dimensions?
The triple bottom line evaluates a firm on people, planet and profit, meaning its social impact, environmental impact and economic performance. It extends the traditional focus on financial profit alone, so sustainability is judged across all three areas rather than only on earnings.
- AProduction, marketing and finance
- BPeople, planet and profitCorrect
- CPrice, quality and delivery
- DRevenue, cost and tax
Explanation
The triple bottom line, associated with John Elkington, assesses social impact (people), environmental impact (planet) and economic results (profit). The other options list functional areas or operational measures, not sustainability dimensions.
Did you get it right without looking?
One question tells you little. A timed set on Economic and Business Environment shows your real accuracy, how long you take and where you lose marks.
More Economic and Business Environment questions
- The Government of India sells part of its equity holding in a public sector company to private investors but retains majority ownership. Thi…
- Under Section 135 of the Companies Act, 2013, a company meeting the prescribed net worth, turnover or net profit threshold must spend on CSR…
- The Reserve Bank of India raises the repo rate. Other things remaining equal, what is the most likely immediate effect on a business that de…
- Which of the following is an element of the INTERNAL environment of a business rather than its external environment?
- Which organisation, established in 1995, replaced the GATT and provides a rule-based forum for settling trade disputes among member countrie…
- The sustainability idea of the 'triple bottom line' evaluates a business performance on which three dimensions?