only if it has three legs The triple bottom line (abbreviated as "TBL" or "3BL"‚ and also known as "people‚ planet‚ profit" or "the three pillars”) captures an expanded spectrum of values and criteria for measuring organizational (and societal) success: economic‚ ecological and socia"People‚ planet and profit" succinctly describes the triple bottom lines and the goal of sustainability. "People" refer to employees‚ shareholders‚ customers‚ suppliers‚ workers‚ team who pertains to fair and beneficial
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(a) Suggest how the three scenarios for 2015 might have very different consequences for the planet and its people. (10) As seen from the three possible‚ predictions‚ the various outlooks for 2025 convey the different consequences or the planet and its people. As seen through the globalised prediction it states how it won’t vary much from what is today‚ however this is dependent on whether the USA will remain the dominant superpower. With India being an emerging superpower despite its wealth and
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Encouragement In my life each day‚ I always ask myself what I would have done if I did not have anyone to encourage me through the hard times in life. As I faced the biggest struggle in my life‚ I couldn’t have done it without my best friend. After being told that in the next month of my life I was going to undergo heart surgery‚ my mom encouraged me that it would all be okay. Heart surgery is a huge obstacle to take on in life‚ but nothing is better than having your best friend sitting next
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to over 1‚000 farm tenants a champion of volunteering. Our 49‚000 volunteers contribute 2.96 million hours per year which equates to a notional value of more than £21.3 million. • A major employer‚ with 5‚000 staff and training schemes for young people wishing to learn professional skills and embark on careers in horticulture and conservation. The National Trust Act 1907 established the principle of inalienability – which underpins our core purpose to look after special places for ever‚ for everyone
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HOW will those needs be satisfied? These decisions determine which strategies will be formulated and implemented to put a business model into operation. 4 Who: Determining the Customers to Serve Market segmentation A process used to cluster people with similar needs into individual and identifiable groups. All Customers Consumer Markets Industrial Markets 5 Identify customer groups and market segments 6 Business Strategy - BUSN 162 2 Three approaches for segmentation
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“My problem with her anger” – Whose responsibility? Most people go into the marriage in the hope that everything will go as planned‚ and that they will always get along‚ especially in the field of responsibilities division between both spouses. Eric Bartels‚ a feature writer for the Portland Tribune in Portland‚ Oregon‚ in his article “My Problem with Her Anger”‚ seems to encounter a huge trouble when his wife seems to never feel happy with anything he did. Bartels explains what it feels like
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People whose native language is not English‚ but who wish to learn English as a second language‚ must learn English as a new language‚ as a skill‚ as an additional means of communication. They have to learn how to pronounce strange words‚ and which syllables to emphasise‚ and what rhythms and tonal pitches should be used. But people whose mother tongue is English do not have to go to school to learn these things‚ they learn it automatically‚ from their parents‚ their relatives‚ their friends
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The social responsibility of business is to increase profit As an individual living in a unified society‚ everyone has certain social responsibilities to play. Businesses too‚ as parts of society‚ as they utilizes the available resources like water‚ land‚ roads and power of the society and depend on the society for its functioning. This creates an obligation on the business part to look after the welfare of society that it operates in and is indebted to. It should take care of those who are involved
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The Social Responsibility of Business is to Increase its Profits Milton Friedman The New York Times Magazine September 13‚ 1970 When I hear businessmen speak eloquently about the "social responsibilities of business in a free-enterprise system‚" I am reminded of the wonderful line about the Frenchman who discovered at the age of 70 that he had been speaking prose all his life. The businessmen believe that they are defending free enterprise when they declaim that business is not concerned "merely"
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Corporate Social Responsibility versus Profit Maximization Introduction Nowadays‚ many large multinational corporations which occupy increasing shares in the market and high statues in the society are usually powerful in having both positive and negative effects on the public to a great extent. As a consequence‚ today‚ the concept of Corporate Social Responsibilities (CSR) draws much more public attention. Social responsibility goes beyond profit making and social obligation. CSR is a business
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