Identify the incorrect statement in relation to the triple bottom line concept from the below a. The Triple Bottom Line can be used as a decision-making framework on measuring and controlling a company’s sustainable performance b. The triple bottom line broadly encompasses the 3 dimensions of people, planet and partnerships c. Triple Bottom Line is a planning and reporting system d. The Triple Bottom Line was initially developed as a framework for measuring and reporting corporate performance

The concept of the triple bottom line states that an entity is responsible for the areas of:Group of answer choicessocial, environmental and ethical performance.economic, social and ethical performance.economic, environmental and ethical performance.economic, social and environmental performance.

The triple bottom line evaluates the firm against economic, social and environmental criteria.Group of answer choicesTrueFalse

The underlying concept of triple bottom line reporting is in line with:Group of answer choicesshareholder value.agency theory.stewardship theory.stakeholder theory.

Triple bottom line reporting is when entities report on theirsocial performanceall of the options listedfinancial performanceenvironmental performance

Analyse the ‘triple bottom line’ concept when applied to social enterprises.[5]