1.2 | Triple Bottom Line and Market Externalities: Business in Society
Imagine you’re shopping at a store you like—maybe a fast fashion store, a coffee shop, or a local restaurant. Think about the decisions these businesses make when they sell products or services to you. What do you think they care about most? Share your thoughts below! 3 minutes Concept Clip #1: Triple Bottom Line Overview Download Transcript for CC 1: Triple Bottom Line Download Download Transcript for CC 1: Triple Bottom Line The triple bottom line is not perfect, but it is well known. It is easy to remember what makes a business sustainable and profitable. Finding ways to pay people properly, care for the environment, and make a profit encourages companies to be sustainable. According to RMIT Learning Lab, Links to an external site. the Triple Bottom Line means thinking about people, planet, and profit when making decisions in business. Identify Patagonia’s application of the Triple Bottom Line (TBL) Match the elements for each P by dragging the elements to the correct column 5 m
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