Chapter 2 Flashcards
1
Q
sustainability
A
meeting our current needs without compromising the ability of future generations to meet their needs
2
Q
shareholders
A
own shares or equity in a firm
3
Q
stakeholders
A
people affected either directly or indirectly by the firm’s actions
4
Q
triple-bottom line
A
evaluating the firm against social, economic, and environmental criteria
5
Q
economic criteria (triple-bottom line)
A
enhancing the shareholder’s R.O.I.
6
Q
social criteria (triple-bottom line)
A
fair and beneficial practices towards labor (no child labor) and the community
