Ask Question
BusinessBusiness
5 September, 06:48

The standard that uses economic, environmental, and social performance indicators that are based on GRI standards is called the: A. triple bottom line. B. social audit. C. business model. D. value chain

+2
Answers (1)
  1. 5 September, 09:42
    0
    The standard that uses economic, environmental, and social performance indicators that are based on GRI standards is called the Triple Bottom Line, Option A.

    Explanation:

    The triple bottom line measures the environmental, financial and social performance of a company over a period of time. It is considered one of the most accepted method of CSR as a variety of stakeholders are satisfied with this approach. The main aim of triple bottom line is to impact the operations of a firm by making the non-financial measures added to traditional financial results.

    Some of the economic indicators in triple bottom line (which tell the performance of a firm) are the net revenues and taxes paid.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The standard that uses economic, environmental, and social performance indicators that are based on GRI standards is called the: A. triple ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Which of the following statements is true about the constant growth model? a. When using a constant growth model to analyze a stock, if an increase in the growth rate occurs while the required return remains the same, this will lead to an increased
Answers (1)
David manages a Shoney's restaurant. He is considering staying open later in the evening. For David, the variable costs associated with staying open longer hours will include all of the following except: A) ingredients used in preparing food.
Answers (1)
Which form responds to losses that occur while the policy is in force, regardless of when the claim is made?
Answers (1)
On August 5, 2021, Ivanhoe Furniture shipped 50 dining sets on consignment to Furniture Outlet, Inc. The cost of each dining set was $250 each. The cost of shipping the dining sets amounted to $2600 and was paid for by Ivanhoe Furniture.
Answers (1)
Montoya Group Inc. is an American firm based in Utah that manufactures and distributes mountaineering equipment such as carabiners, pulleys, harnesses, helmets, ice axes, crampons, etc.
Answers (1)
New Questions in Business
Which of these is not a factor you need to consider when choosing a bank? a. The number of ATM machines b. Branch locations c. How often you need access to your money d. The amount of money you paid in income taxes last year
Answers (1)
A margin of safety of 30% means that every dollar in revenue generated thirty cents in profit. A. True B. False
Answers (1)
Which of the following groups has the responsibility for identifying and deciding the appropriate accounting treatment for recording or disclosing contingent liabilities? A) Auditors B) Legal counsel C) Management D) Management and the auditors
Answers (1)
who talked about this clue "it will gain you more knowledge, intensify your soft skills, strong work ethics and grow your network" what is it?
Answers (1)
Which of the following would most likely be classified as a current liability? a. bond payable b. two-year note payable c. mortgage payable d. unearned rent
Answers (1)
Home » Business » The standard that uses economic, environmental, and social performance indicators that are based on GRI standards is called the: A. triple bottom line. B. social audit. C. business model. D. value chain
Sign Up Forgot Password?