Bottom Line On Ethics

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    Getting to the Bottom of “Triple Bottom Line”*

    In Press, Business Ethics Quarterly Getting to the Bottom of “Triple Bottom Line”* by Wayne Norman and Chris MacDonald March 2003 Abstract: In this paper, we examine critically the notion of “Triple Bottom Line” accounting. We begin by asking just what it is that supporters of the Triple Bottom line idea advocate, and attempt to distil specific, assessable claims from the vague, diverse, and sometimes contradictory uses of the Triple Bottom Line rhetoric. We then use these claims as a basis

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    Bottom Line on Ethics

    called “The Bottom Line On Ethics” (From the Board, 2003), written by Amitai Etzioni who is the founder and director of “The Communitarian Network ”which is supported by Washington, D.C. and aims to enchance social senses, answers some questions about business ethics and argues that ethics depends on different situations so behaving ethically is not constant. Etzioni, starts his speech defending that good ethics is not good business. He defines the sentence “Good ethics is good business

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    Ethics

    future. Paper is about the American Red Cross the impact of the event and benefits of business ethics employee commitment and customer satisfaction. Determine the role that ARC stakeholder played in the scenario. The American Red Cross (ARC) Determine the impact of this event on ARC’s benefits of business ethics employee commitment, investor loyalty, customer satisfaction, and bottom line. Because of the actions of the American Red Cross following 9/11 and Hurricane Katrina, their benefits

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    Ethics

    Organization Course Code: F-505 A S S I G N M E N T O N Business Ethics Submitted to Dr. A. H. M Habibur Rahman Course Teacher Managing Organization Department of Finance Dhaka University Bangladesh. Submitted by Md.Mostafijur Rahman ID- 22055 Semester: Fall 2012 MBA(Evening) Program Department of Finance Dhaka University Bangladesh. Submission Date: 2 October 2012 Introduction Ethics, also known as moral philosophy, is a branch of philosophy that involves systematizing

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    Bottom of the Pyramid

    Schumpeter The bottom of the pyramid Businesses are learning to serve the growing number of hard-up Americans Jun 23rd 2011 | from the print edition MANAGEMENT gurus have rhapsodised about “the fortune at the bottom of the pyramid” in emerging markets ever since C.K. Prahalad popularised the idea in 2006. They have filled books with stories of cut-price Indian hospitals and Chinese firms that make $100 computers. But when it comes to the bottom of the pyramid in the rich world, the gurus lose interest

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    Ethics

    How Personal Can Ethics Get Dr. L. Blue Leadership and Organizational Behavior – BUS 520 May 2, 2010 How Personal Can Ethics Get Discuss the ethical concepts and dilemmas that are facing Valerie Valerie Young is challenged with ethical decisions she must make to satisfy her internal standards of excellence. She has the challenge of asking herself what to do with the information learned about the fragrance companies giving kickbacks to Lionel Waters, Valerie’s manager. The challenge being

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    Bottom of the Pyramid

    Marketing to the Bottom of the Pyramid Until recently, the least important market segment has been the most poor, lower-income individuals and families. According to Professor C.K. Prahalad, the “bottom of the pyramid”, also referred to as the BOP, is made up of nearly 4 billion people who survive on $2 a day or less. Making up approximately a quarter of the world’s population, these four billion people hold $14 trillion in purchasing power and this group is growing each year. In the past, this

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    New Bottom Line in Business, Article Critique

    Nicole Grandmont-Gariboldi Abstract Steve Denning, contributor at Forbes wrote an article explaining the changes in business and in it he points out the inaccuracies haunting new managers and also defines the “new bottom line of business.” Denning explains that “Of all the pathologies afflicting Management, the most noxious is the pursuit of the wrong goal: maximizing shareholder value.” Maximizing shareholder value should not be a goal, it is in fact as Denning points

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    Bottom of Pyramid

    core aspect of the Plan was to identify and nurture businesses of the future. Over 150 new businesses were proposed before the list was narrowed down to nine. These included a foray into drinking water, a plan for network-based marketing (along the lines of Amway) and an entry into retailing herbal therapy products and services through a chain of therapy centers. Perhaps the most interesting, though, was an initiative called Shakti, which aimed to extend the reach of HLL’s products to the 742 million

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    Ethics

    The Importance Of Corporate Ethics and Values: Building a Sustainable Strategy Model for Effective Implementation of Good Corporate Governance within a State-Owned Enterprise in South Africa. A Research Study Presented to the Graduate school of Business Leadership University of South Africa In Fulfillment of the Requirements for the MASTERS DEGREE IN BUSINESS LEADERSHIP UNIVERSITY OF SOUTH AFRICA Prepared by Lazarus Docter Mokoena (called Bonga) [Student No: 0555-418-7] Tel: 011-217

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    Ethics

    Ethics as a Government Purchase Agent john doe Organizational Behavior 311 As a purchase agent for the government we a re faced with ethical decisions on a day-to-day basis. Everything we do whether, it is as small as replenishing office supplies or evaluating a government contractor whose service is required. Ethical morals are everywhere. It is important that we understand ethics as a way of life. Just as we use personal family values Ethics must be included in the process of daily

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    Triple Bottom Line

    Triple Bottom line. Corporate sustainability involves meeting the needs of today’s stakeholders in a manner that protects the environment and resources needed for future generation. It is directed at improving a company’s triple bottom line, which covers its performance on economic environment and social metrics. Economic. Barclays demonstrated significant success in delivering much better financial results between 2002 to 2005. They improved the cost-to-income ratio by right sizing the business

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    Triple Bottom Line

    Executive Summary This report provides an analysis and evaluation of Triple Bottom Line (TBL) accounting. Many corporations adopt and follow the novel term, along with the public increasing public concern of social and environmental performances. The research pays attention to the arguments for and against the TBL accounting in corporate accounting reporting. Many companies concur with the significance of concept to reinforce their business, yet others hold the view that TBL is accompanied

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    Ethics

    Ethics MGT/498 September 5, 2013 Ethics Organizations have more to think about than profits when developing a strategic plan. Ethics and social responsibility have become important topics to consider and include in today’s organizations strategic plans. This paper will explain the role of ethics and social responsibility in strategic plan development while taking into consideration stakeholder needs. I will also include an example of a company overstepping ethical boundaries for stakeholder agendas

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    Ethics

    Running head: Ethics and the College Student 1 The Ethics and College Student Title Page: BY MAURICE M. OWENS ABSTRACT The purpose of this paper is to see the college students’ view of ethics. There was enough evidence to say that college students’ perceive ethics instruction, and those who teach it, to be relevant and beneficial in shaping their own ethical behaviors. Students’ attitudes towards cheating is measured by their perception of cheating in high school, college, and non-major

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    Ethics

    Practicing ethics within the organization: Forms of Organizational Justice Distributive Justice – how rewards are shared among members of an organization – we all want to be paid fairly for the work we do and get adequate recognition for our efforts. If this does not happen, the distributive injustice might result in stress, dissatisfaction with job, etc and consequently, reduced efforts, greater absenteeism or otherwise trying to balance the scales in a what is perceived as a fair way. Procedural

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    American Bottom

    The History of the American Bottom Two of the nations largest rivers meet in the American Bottom. The Mississippi and Missouri Rivers served as channels of change to the area, bringing outside influences of many different peoples to an Indian-inhabited land. Like the constant flow of the rivers, there was a constant change in the American Bottom. The progress eventually developed the area into a center of economic activity and gateway to the west, but also excluded native and long-time residents

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    Bottom of the Pyramid

    ESSAY ONE MAKING CONNECTIONS DRAFT Bottom of the pyramid (BOP) refers to refers to the poorest yet largest economic group in the world as it shows on figure 1. This was a term introduced by http://recyclewashington.files.wordpress.com/2010/05/graphic-world-economic-pyramid-web1.gif?w=510 http://recyclewashington.wordpress.com/category/economics/ These income values are based on the purchasing power in US dollar, and the BOP represents the tier 4 which earns less than $1,500 a year per head

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    Ethics

    NEWSPA PER | mint CODE Travel Books Culture Style Play Slideshows Insider Parenting P os ted: M on, J an 1 2 2 0 0 9 . 2 :1 9 A M I ST Corporate News E mail del.ic io.us digg news V ine P rint Satyam shows B-schools too need a code of ethics Most of the people primarily involved in the Satyam scam have a connection with reputed business schools Business Case | Premchand Palety font s ize Livemint Home ADVERTISEMENT The Satyam Computer Services Ltd scandal has show n w hat

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    The Triple Bottom Line Book Report

    The Triple Bottom Line: How Today’s Best-Run Companies Are Achieving Economic, Social, and Environmental Success— and How You Can Too I chose this book because the title drew my attention since the beginning. When I read the title I understood that in this book the Author’s were going to talk about how big corporations deal with sustainability. That for me was really important, as sustainability is such a hard concept to grasp. I believe that the best way to understand about sustainability

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    Fair Trade Triple Bottom Line

    How Fair Trade positively affects: Economy | Environment | Social Equity | It creates jobs that allow workers to gain a living wage, not just subsistence. Less money goes to a middle person; thus workers improve their lives and those of their families. When people earn a living, they enter the ranks of those who are able to contribute to society through payment of taxes. | Organic products protect the natural environment as well as workers. (For example, Fair Trade food products such as coffee

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    Teamwork Affects the Bottom Line

    motivate and reward staff members. Quotes about teamwork and team pay: "Coming together is a beginning; keeping together is progress; working together is success.”― Henry Ford “There is no 'i' in team but there is in win.”― Michael Jordan “The bottom line is, when people are crystal clear about the most important priorities of the organization and team they work with and prioritized their work around those top priorities, not only are they many times more productive, they discover they have the time

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    Dilmah Triple Bottom Line Analysis

    Dear Prof and Classmates. Dilmah Tea 3BL Analysis. Dilmah is a tea company Founded in 1974 by merill Fernando. The company shares great love for good tea with tea aficionados around the globe. PROFIT See the summary below from the annual report 2010 – 2012. HIGHLIGHT. | 2010Rs.,000 | 2011Rs.,000 | 2012Rs.,000 | % Change2010-2011 | % Change2011-2012 | %Change2010-2012 | | | | | | | | Turn Over | 4,949,561 | 5,789,033 | 5,839,922 | 17% | 0.9% | 17.9% | Net Profit

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    Ethics

    | Good Business Ethics | [Type the document subtitle] | | [Type the author name] | | Table of Contents Table of Contents------------------------------------------------------------------ 1 Executive Summary-----------------------------------------------------------------2 Introduction--------------------------------------------------------------------------3 Research Finding #1 Why strong ethical decisions are important to companies. ----4 Research

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    Nike: Overdoing It - Exploiting Child Labor for the Bottom Line

    There are a wide range of companies that have been able to utilize the international market for their benefit but none of them have been as successful as NIKE, Inc. It all started with two men, two men with a passion for track and field and the desire to innovate running shoes. Bill Bowerman, a track and field coach at Oregon University, and Phil Knight, a track and field athlete at Oregon University, teamed together to form “Blue Ribbon Sports” in 1964 which later became “Nike” in 1971. Since they

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    Ethics

    increasingly important for Organizations to be morally correct in the way that they conduct their business and corporate activities. Companies with strong ethics programs have found that these efforts can reduce potential costly fines, decrease vulnerability, improve reputation, provide access to capital, favorably influence their bottom line, positively affect their employees' commitment to work and enhance customer loyalty (The importance of being ethical 2000). One of the most important perks

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    Mass Media: Headlines or Bottom Lines?

    Hunter Bailey Instructor Ploessl CO 225-01 5 September 2014 Mass Media: Headlines or Bottom Lines? There may have been a time when one could open a newspaper and not have to worry about cross-referencing and fact checking every story that was read. Those are the days of the past. Ever since the collapse of healthy competition in the mass media industry, the motives of stories and the intentions of the news outlets are being brought into question. Oftentimes, one can find that when watching one

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    Analysis on Triple Bottom Line and Systems

    Analysis on triple bottom line and systems theory Corporate social responsibility is one of great debate for many years. Nobel prize-winning economist Milton Friedman believes the corporate responsibility a business has is to its shareholders making a profit, while Michael E. Porter and Mark R. Kramer believes businesses and society are interwoven (Newton, 2012). The purpose of this analysis is to analyze the ways in which systems theory and triple bottom line theory support or negate each other

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    Ethics

    End of Life: Assisted Suicide PHI208: Ethics and Moral Reasoning Instructor: Shawn Lorenzen September 29, 2014 Moral and ethical debates attempted to resolves controversial issues but never seem to end with everyone agreeing. Often these ethical and moral debates are complex, involve opinions persuaded by religion or customs, and have legal implications to consider. Physician assisted death is one of these very complex and controversial issues that all people will never agree on. Many questions

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    The Line

    "The Line - Poverty in America" I really like the documentary; I think that the very first thing it wants to communicate as is that everybody in this world can become a victim of poverty. In the documentary we have the example of the banker; before he lost his job he had a good life, but after loses his job he lives under the line of poverty. We have other examples that in my opinion explain how everybody might be living under the poverty line such as single father in the suburbs who now relies

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    Tripple Bottom Line

    results from the companies, not only related with financial aspects, but social and environmental aspects, as well. These requirements make a change about the way strategic management is being done, in order to include the triple bottom line. The triple bottom line is an accounting framework that incorporates three dimensions of performance: social, environmental and financial. These dimensions are called the three P´s: People, Planet and Profits. What is the challenge? In the past, each

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    The Line

    The Line There is a line across the desktop in the middle. In most primary schools, when a pair of deskmates is a boy and a girl, they will carve such a line, as inviolable as the 38th Parallel, to divide the territory. There is an invisible line in the high school refectory. Boys and girls seat themselves in two parts of the room. The line is a tacit agreement on which concurred by them. There are quite a few lines, perceptible or imperceptible, that reflect the differences between male and female

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    The Line

    The Line There is a line across the desktop in the middle. In most primary schools, when a pair of deskmates is a boy and a girl, they will carve such a line, as inviolable as the 38th Parallel, to divide the territory. There is an invisible line in the high school refectory. Boys and girls seat themselves in two parts of the room. The line is a tacit agreement on which concurred by them. There are quite a few lines, perceptible or imperceptible, that reflect the differences between male and female

    Words: 1445 - Pages: 6

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    Ethics

    Business ethics is the behavior that a business adheres to in its daily dealings with the world. The ethics of a particular business can be diverse. They apply not only to how the business interacts with the world at large, but also to their one-on-one dealings with a single customer. Many businesses have gained a bad reputation just by being in business. To some people, businesses are interested in making money, and that is the bottom line. It could be called capitalism in its purest form. Making

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    Triple Bottom Line

    Triple Bottom Line Andrea Ciuffoli Brandman University Financial Reporting and Analysis ACCU 602 Charmaine Felder, Ph.D, CPA June 5, 2015 Triple Bottom Line Introduction On October 22nd 2013, Apple unveiled thinner iPads and faster Mac computers ahead of a competitive holiday shopping season (Gupta & Chan, 2013). The invitation to this unveiling event sent to major members of the press was teasing: "We still have a lot to cover." While millions of people were tuned in to watch Apple’s

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    Ethic

    Ethics: Moral principles and values applied to social behavior.  A reasoned set of principles of conduct.  Usually has a religious underpinning, which is logical.   Business Ethics:  Moral principles and values applied to situations arising in a business setting.   In other words, the fairness, rightness, or wrongness, if you will, of an action.   If you have ever seen the movie “Wall Street” with Michael Douglass, you probably recall his character Gordon Gekko, who basically espoused that

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    Ethic

    Because most of Barrick’s gold mines are located in the less developed countries, issues such as human rights, violence by security guards, environmental pollution, sexual assault happened. It is a very complex problem to deal with ethics in different area. Ethics will inevitably be susceptible to attack under the global scenario by different countries, cultures, social-economic conditions, value systems and moral standards. Thus, MNCs are considered responsible for their affiliates and subsidiaries’

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    Created Theory: Ethical Bottom Line

    Created Theory: Ethical Bottom Line Introduction The Ethical Bottom Line Theory is developed on the bases of the case study and CSR theories and the traditional concept of accounting system. In traditional business accounting and common usage, the "bottom line” refers to either the “profit” or “loss”, which is usually recorded at the very bottom line on a statement of revenue and expenses. The Triple Bottom Line was coined by Elkington (1994) to introduce the full cost accounting

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    Bottom of the Pyramid

    Local Entrepreneurs over MNCs Multinational companies are not the answer to the situation of the people at the Bottom of the Pyramid, MNCs efforts cannot handle the world’s poor. It is the small and local entrepreneurs that will make a greater impact on alleviating poverty. Aneel Karnani stated in Misfortune at the Bottom of the Pyramid, “The BOP proposition calls for price reductions of over 90%”. Let us be realistic here it is seemingly impossible to reduce the price that much and do you

    Words: 394 - Pages: 2

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    Ethics

    Ethics from Personal Decisions to Organizational Procedures Class: BUS512 Organizational Behavior 13th edition Authors: D Hellriegel and J W Solcum, Jr 2008 South-Western, Cengage Learning Abstract There are standards people govern themselves by and expect everyone else to live by. Everyone’s everyday decision are not only actions that affect themselves but everyone else around them. These rules, decisions, and behaviors make up a person’s ethics. Ethics are the morals and beliefs

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    Ethics

    Lesson 1 Optics vs Vision There are optics and visions in ethics. Optic is a specific way to approach things.. This can be a legal, fi nancial or marketer point of view. Vision is different ways of seeing through the optic. In other words, visions are different opinions. You can have multiple visions under one optic. Norms and values Rules can be made to try and protect a value. Its important to know whether obeying a norm leads to protecting a value. Your moral

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    Bottom of the Pyramid

    ongoing debate on if it is possible to integrate dominant economies with the bottom of the pyramid which are the 4 billion people who have less than 2$ per day. It occurs questions like if it is possible for companies to compete by serving people who counted as bottom pyramid? Is it possible for those poor people to survive by being consumers of MNCs? Prahalad believes that it is a win win for both MNCs and tier 4 (bottom of the pyramid). In other words, he believes that it is possible to sell

    Words: 1147 - Pages: 5

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    Producing for the Bottom of the Economic Pyramid

    buitenlandse afzetmarkten om hun omzet te vergroten. Waar traditioneel gezien de aandacht van grote westerse bedrijven ligt bij bestaande, volwassen westerse markten of de elite van ontwikkelingslanden is de laatste jaren een nieuwe marktvorm in opkomst; de bottom of the economic pyramid markt (BOP-markt). De doelgroep bij het produceren voor de bodem van de economische piramide zijn de armen en lage middenklasse van de wereldbevolking. Deze doelgroep bestaat uit vier miljard mensen die leven van minder dan

    Words: 3521 - Pages: 15

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    Ethics

    Ethics Today Rachel Schweiger Rasmussen College Author’s Note This research is being submitted on January 7th, 211 for Professor Laura De La Cruz, MBA, MPA, PhD(ABD); B293/MAN2062 Section 07 Business Ethics course. Ethics Today I have realized more over the years of my professional career how much ethics plays a role in daily activities and practices of a business. In my eyes, businesses can still maintain competitive in their industry while preserving high ethical values. Unfortunately

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    Bottom Billion

    The Bottom Billion The development of the poor countries has been a challenge during the past decades. The world consists of one billion rich people and five billion poor people. Most of five billion live in countries that are developing. However, there are one billion people that live in countries that are falling behind and even apart. These countries are facing a bigger problem that one can imagine. The world is becoming globalized. Countries are reducing import quotas and export fees facilitating

    Words: 1689 - Pages: 7

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    Ethics

    What is Ethics? Ethics may be defined as the set of moral principles that distinguish what is right from what is wrong. Ethics has a twofold objective: it evaluates human practices by calling upon moral standards; also it may give prescriptive advice on how to act morally in a given situation. Ethics, therefore, aims to study both moral and immoral behaviour in order to make well-founded judgments and to arrive at adequate recommendations. Sometimes ethics is used synonymously with morality.

    Words: 1487 - Pages: 6

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    The Ethics

    Handbook of Business Strategy Emerald Article: The ethics of business strategy Fred Hansen, Michele Smith Article information: To cite this document: Fred Hansen, Michele Smith, (2006),"The ethics of business strategy", Handbook of Business Strategy, Vol. 7 Iss: 1 pp. 201 - 206 Permanent link to this document: http://dx.doi.org/10.1108/10775730610618828 Downloaded on: 09-04-2012 References: This document contains references to 16 other documents To copy this document: permissions@emeraldinsight

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    Alcan Gove Pty Ltd - Social Bottom Line

    Gove Pty Ltd - Social Bottom Line _____________________________________________________________________________________________________ Anna Nguyen 3855647 Alcan Gove Pty Ltd - Social Bottom Line Introduction Alcan Gove reports their social bottom line in the Environment Impact Statement (EIS), which considers and analyses the social, economic and environmental impacts that may arise and how these impacts can be dealt with (Alcan, 2007d, p.1). The social bottom line assesses the surrounding

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    Triple Bottom Line Performance of Taj Group of Hotels

    Review Triple Bottom Line performance Taj Group of Hotels tries to uphold the Tata’s way of business with trust, transparency and commitment to human values and makes a constant endeavour to align and integrate its efforts to address the societal needs and challenges. People The hospitality business success is a function of guest satisfaction and IHCL goes beyond the call of duty to bring warmth and care in all the guest interactions. This enhanced customer satisfaction builds customer loyalty

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    Triple Bottom Line

    International Journal of Business, Humanities and Technology Vol. 1 No. 3; November 2011 Sustainability and Triple Bottom Line Reporting – What is it all about? Aimee Jackson College of Business University of Louisiana – Monroe Monroe, LA 71209 USA Katherine Boswell, PhD, CIA Assistant Professor of Accounting College of Business University of Louisiana – Monroe Monroe, LA, 71209 USA Dorothy Davis, DBA, CPA Associate Professor of Accounting College of Business University of Louisiana

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