how did the looting of shops and malls will affect the businesses in the the terms of the relationships between social responsibility and triple bottom line?

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16-08-2021
Business

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how did the looting of shops and malls will affect the businesses in the the terms of the relationships between social responsibility and triple bottom line?

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Histrionicus Histrionicus · Answer 1 · 2021-08-19T05:39:38+02:00

Businesses reduce their incentives that will lead to minimizing their ability to carry out their part for social responsibility of the triple bottom line.

The triple bottom line is an obligation on businesses to not just look for their profit but include and maintain a good balance between these factors:

economic growth

social welfare

environment impact

Businesses should follow the Triple bottom line:

Making profits

Making sure that there is positive social welfare on their part.

Maintain ecological footprint

Thus, The correct answer would be - the ability of businesses to meet both their social responsibility and Triple bottom line is minimized and not as it was in normal conditions.

Learn more about social responsibility:

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how did the looting of shops and malls will affect the businesses in the the terms of the relationships between social responsibility and triple bottom line?​

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how did the looting of shops and malls will affect the businesses in the the terms of the relationships between social responsibility and triple bottom line?