MGT481 Colorado State Ch 7 Triple Bottom Line of Financial Discussion Question

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MGT481 Colorado State Ch 7 Triple Bottom Line of Financial Discussion Question

For this discussion, read Chapter 7 in the Capsim E-textbook, Ethics: doing it right – social responsibility and ethical decision making.

One of the goals of the Capsim competition was to give you experience in manipulating the levers of control that drive a business. However, there are ethical and social responsibilities that extend beyond a company’s need to earn a profit. If you were to compete in a Capsim competition again, how would you ensure that your team incorporates the Triple Bottom Line of financial, environmental, and social performance?

  • Describe what your triple bottom line goals might look like.
  • How would you measure the company’s performance toward those goals?
  • How would you incorporate triple bottom line metrics using the Balanced Scorecard?

Post your initial response of at least 250 words.

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