week one 2

.docx

School

Southern New Hampshire University *

*We aren’t endorsed by this school

Course

Q4664

Subject

Management

Date

Feb 20, 2024

Type

docx

Pages

4

Uploaded by MatePorpoise2402

Report
1-3 Assignment SNHU October 29 th , 2023 Deanna Willis
Triple Bottom Line (TBL) is a business that commits to focus on both environmental and social concerns like they do with revenue. We will discuss the similarities in TBL framework between service and manufacturing industry. Both of these industries are beneficial from using the “B impact assessment” to asses these companies TBL value. The B impact assessment is used to identify ratings for categories like employees, environment, and community. The manufacturing industry and service industry both have social responsibilities and while using TBL the value could influence the company’s public reputation. Now we will discuss the difference between TBL framework with service industry and Manufacturing industry. Service industry is “ inputs are primarily employees. Their time, effort, expertise, judgement, and care in meeting the needs of others professionally and effectively work toward the output of outstanding customer service” ( Soomo Learning. (2020). People, planet, and profit- CH. 1.8- PAR.8)). Manufactures industry typically scores above service industry on categories like environmental and governance. And scores lower than service industry on categories like lower in community and employees. One of the reasons manufacture scores lower in employee category is because service industry uses their employees to generate service while manufacture generates products using the materials. Manufacturer scores higher in environmental because the environment can be impacted as a result ofnot using employees and using only materials. “.. this is primarily about taking materials in at one loading dock, turning them into something else in the building, and sending finished goods out the other end. The inputs and outputs are physical goods, and the operations are about manufacturing efficiently” ( Soomo Learning. (2020). People, planet, and profit- CH. 1.8- PAR.7)). The service business does not have to follow all the laws as manufacturing since it does produce the products. So,
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help