Which of the following statements is correct about the triple bottom line?
A)The triple bottom line measures a company's social impact,without regard for profit.
B)The triple bottom line captures three factors: People,Profit,and Planet.
C)The triple bottom line has replaced net income as the most crucial measure of a company's success.
D)The triple bottom line reports profit at the expense of social factors.

Question

Quizplus · Accepted Answer

The triple bottom line captures three factors: People, Profit, and Planet. It goes beyond just financial factors and includes social and environmental impacts as well. It is not solely focused on social impact or profit, and it has not replaced net income as the most crucial measure of a company's success. So, option B is the correct choice.

Which of the Following Statements Is Correct About the Triple