Which of the following statements is true of the triple-bottom-line?
A) It is more or less a one-dimensional metric of measuring competitive advantage of a firm.
B) Its primary focus is to base a firm's strategic goals entirely on external performance dimensions.
C) According to this approach, achieving positive results in any one of the dimensions, economic, social, and ecological, can lead to a sustainable strategy.
D) Three dimensions, economic, social, and ecological, make up the triple-bottom-line.

Question

Quizplus · Accepted Answer

Three dimensions-economic, social, and ecological-make up the triple-bottom-line. According to this approach, achieving positive results in all three areas can lead to a sustainable strategy.

Which of the Following Statements Is True of the Triple-Bottom-Line