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Management, Loose-Leaf Version

13th Edition
Richard L. Daft
Publisher: South-Western College Pub
ISBN: 9781305969308

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BuyFindarrow_forward

Management, Loose-Leaf Version

13th Edition
Richard L. Daft
Publisher: South-Western College Pub
ISBN: 9781305969308
Chapter 5, Problem 2OTJVC
Textbook Problem
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What does vice president Debra Music mean when she says that Theo is a “triple bottom line" company? How is this different from any other company?

Summary Introduction

To determine:

Why according to vice president Debra Music Theo Chocolate is a 'triple bottom line' company and the ways it is different from other companies.

Explanation of Solution

According to vice president Debra Music, there is a triple layer bottom line with which Theo Chocolate operates. These triple layers are explained as below:

Responsibility towards Society:

The corporate social responsibility measures that the company is undertaking is one of the main objectives behind the company's working and these measures lie in its production practices that the company follows. For example company ensures that the farming methods used for the production are completely ecofriendly and does not harm the farmers and the eco system and the raw materials which are used in production are produced in totally organic ways...

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