3.7.3 - overall performance Flashcards
1
Q
what is short termism?
A
thinking of solutions too quickly so miss out on growth
2
Q
what is long termism?
A
looking further into future for more sustainable ideas and solutions
3
Q
what are the three sectors of Elkington’s triple bottom line?
A
people, planet, profit
4
Q
what is a benefit of Elkington’s triple bottom line?
A
employees are likely to pay attention to managers and change their behaviour accordingly if all 3 sectors are achieved
5
Q
what is a drawback of Elkington’s triple bottom line?
A
can be difficult to find or agree ways of measuring impact of business on the planet and people
