An illustration of a sound general business philosophy is to prioritize the triple bottom line by acting ethically toward the organization's stakeholders and the environment.
What are the objectives of the triple bottom line?
TBL is devoted to concentrating on the following strategic goals:
To work together on the government's national five-year development plans (FYDP III) with other stakeholders to promote an environment that is conducive to socio-economic growth.
Five Essential Business Rules:
- Leadership
- Perception
- Vision
- Reputation
- Consistency
Hence, The triple bottom line hypothesis broadens the definition of business success indicators to take into account contributions to social, economic, and environmental well-being.
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