ACCA Applied Knowledge · Business and Technology · Sustainable business practices
The 'triple bottom line' approach to sustainability requires an organisation to report performance in which three areas?
The triple bottom line covers profit, people and planet: economic, social and environmental performance. It extends reporting beyond financial results to show the organisation's wider impact on society and the environment, which is central to assessing its sustainability.
- AProfit, people and planetCorrect
- BPrice, product and promotion
- CPlanning, organising and controlling
Explanation
The triple bottom line (Elkington) measures economic (profit), social (people) and environmental (planet) performance. The other options are the marketing mix and management functions, which are unrelated.
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