The tenet behind the triple bottom line is that:• a firm's return on revenue can be broken down into three ratios; COGS / Revenue, R&D / Revenue, and SG&A / Revenue.• a firm should solely focus on increasing the economic value created for its customers.• a firm's primary objective should be increasing the total returns to its shareholders.• a firm should achieve positive results along the economic, social, and ecological dimensions to gain a sustainable strategy.

Question

Marlon Mullins

Business

6 April, 13:28

The tenet behind the triple bottom line is that:• a firm's return on revenue can be broken down into three ratios; COGS / Revenue, R&D / Revenue, and SG&A / Revenue.• a firm should solely focus on increasing the economic value created for its customers.• a firm's primary objective should be increasing the total returns to its shareholders.• a firm should achieve positive results along the economic, social, and ecological dimensions to gain a sustainable strategy.

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Harper Ware · Answer 1

The concept of a triple bottom line states that a firm should achieve positive results along the economic, social, and ecological dimensions to gain a sustainable strategy.