MGT-2010 Chapter Notes - Chapter 3: Triple Bottom Line, Habitat, Media General
2 Feb 2017
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Chapter 3: the managers changing work environment and ethical responsibilities. 3. 1 the triple bottom line: people, planet & profit. Traditionally the bottom line is profit: triple bottom lines. People, planet and profit, measures an organizations social, environmental, and financial performance. A systematic assessment of a company"s performance in implementing. Millennials want to find a career that is meaningful socially responsible programs, often based on predefines goals: 2 factors. Understanding the environment in which a manger operates the community of stakeholders inside and outside the company. The ethical and social responsibilities of being a manager. 3. 2 the community of stakeholders inside the organization [not on the exam] Stakeholders: the people whose interests are affected by an organization"s activities. Consist of employees, owners, and the board of directors, if any: owners of an organization consist of all those who can claim it as their legal property (ex. stockholders) 3. 3 the community of stakeholders outside the organization [not on the exam]
