More and more organizations recently have recognized that profit maximization is no more their priority, the growing concern with the environment, has led to a focus on sustainable development. The definition of sustainability, originates from the United Nations Brundtland Commission, was about meeting the needs of the present without compromising ... Read More
The Triple Bottom Line is an accounting framework that incorporates three dimensions of performance social, environmental and financial. This differs from traditional reporting frameworks as it includes ecological (or environmental) and social measures that can be difficult to assign appropriate means of measurement. The Triple Bottom Line dimensions are also ... Read More
The Triple Bottom LineThe triple bottom line (TBL) is an accounting framework used by business to evaluate performance in a broad perspective. The TBL is made up of three parts to this framework. These parts include social, economic, and environmental these can also be described as people, profit, and planet. ... Read More
Final Paper SustainabilityAll of our lives depend on energy. Many of our current and main energy sources are nonrenewable resources. Companies who mostly use nonrenewable sources, such as gasoline companies, must adapt and find new methods and natural resources to accommodate their consumers as the supply of nonrenewable resources are ... Read More
Introduced in the mid 1990s was the new concept of the Triple Bottom Line Accounting which moved beyond just the traditional concepts of accounting such as profits, returns, losses, and focused on sustainability goals. This concept when analyzing the impact of the Exxon Valdez spill allowed those involved to not ... Read More
Sustainability Throughout the semester, weve acknowledged the amount of times sustainability has come up in environmental problems. And without fail, defining sustainability has been as difficult on the last day of the semester as it was on the first day we began discussing the topic. My opinions on sustainability have ... Read More
Based in Minneapolis, Minnesota, the Valspar Corporation was founded in 1806 as a paint dealership called Paint and Color on Bostons Broad Street. Two hundred years later, the Valspar Corporation employs around 10,000 people in 23 different countries. It manufactures and distributes coatings, paints, and related products worldwide (Yahoo! Finance ... Read More
INTRODUCTIONMost companies can be categorized in one of two ways for-profit or non-profit. In general, the main goal of a for-profit company is to generate a profit. Whereas, non-profit companies tend to establish a different purpose for being in business. This can range from helping a community, or researching cures ... Read More
What does it mean to be an unreasonable entrepreneur? In the book, The Power of Unreasonable People, George Bernard Shaw says, the unreasonable one persists in trying to adapt the world to himself. They adapt the world to themselves by viewing crisis situations and large problems as business opportunities and ... Read More
Introduction Sustainability reporting refers to the practice of companies producinginformation that indicates the environmental, economic, and social impactscaused by its operation in a country (White, 2009). It also includes afirm's governance model and values. Furthermore, the publication alsocomprises an institution's strategy and commitment in ensuring that theyattain sustainability on a ... Read More
This essay will examine how fostering sustainable practices through entrepreneurial development is the solution for the current environmental crisis we are experiencing. Major systemic changes need to take place in the responsibility and transparency levels for corporations, and the ethical framework of our society as a whole. The green marketing ... Read More
Every developmental, sovereign, working entity has its niche. Many states or countries boast adventurous landscapes and novel festivals that show off the bright cultures that exist therein. For others, there is greater dependence on the visitation of international guests for main sources of income and economic growth. For a place ... Read More
The concept of Corporate Social Responsibility (CSR) has grown significantly in the modern business era. Companies now tend to pay attention to the consequences of their operations on the society. Currently, more than half of the Fortune 1000 companies issue corporate social responsibility reports to cope with pressure from different ... Read More
The banking industry has been undergoing a revolution for the last two decades. Not all institutions bearing the name bank suit the description of the conventional bank. It may be the same in structure but different in approach. Green banking is part of wider concept of ethical banking in which ... Read More
Book reviewIn the book, Cannibals with forks, John Elkington who is the author likened companies to cannibals to express corporations to devour competing corporations or industries to crave up and digest others in the traditional capitalist market. Elkington brought up an idea that forks could be an implement for these ... Read More
Should the Environment Regulate Economic Development. The Environment should take precedence over economic development. Some people might say that economic development and a strong economy is more important than protecting the environment. They look for a capital profit before thinking how there actions effect the environment. So far economic growth ... Read More
COMMUNICATIONS - CORE OF THE ORGANISATION In the past few weeks, we have discussed how companies can develop their human potential (not merely their human resources - given the view the word resources equates people with other capital goods), throughout the human potential value chain (selection, recruitment, training, development, assessment, ... Read More
"The business of business is business" - or at least it used to be! It was not too long ago when companies single-mindedly pursuing "the bottom line" and "shareholder value" were considered morally justified in their own right. How times have changed. With the entrance of the "stakeholder society" transparency, ... Read More