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Exam L4M8 Topic 10 Question 55 Discussion
CIPS Exam L4M8 Topic 10 Question 55 Discussion
Actual exam question for CIPS's L4M8 exam
Question #: 55
Topic #: 10
[All L4M8 Questions]
What are the 3Ps in the triple bottom line.
A
Explanation:
Trying to measure how sustainable an organization was use to be challenging undertaking. However, during the 1990s, a concept brought up by American John Elkington change the way sustainability was measured. This framework is known as the triple bottom line (TBL) and measures sustainability in relation to organizational performance and investment against the 3Ps (1) Profits (2) People (3) Planet. For example;
Profit: A packaging manufacturer reinvesting its profits in State- of-the-art recycling machinery for it wasted cardboard.
People: A large privately owned call centre donate its end of life computers to a local youth clubs and social groups to help gain internet cases.
Planet: A driving instructors using only hybrid vehicles to teach her learners, thus to reducing Co2 emission.
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Luke
1 months ago
Profits, People, and Planet - the three musketeers of corporate responsibility. All for one, and one for all!
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Nikita
15 days ago
It's great to see companies focusing on more than just profits.
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Therese
29 days ago
All for one, and one for all!
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Mira
1 months ago
Profits, People, and Planet - the three musketeers of corporate responsibility.
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Aleisha
1 months ago
Profits, People, and Planet. Easy to remember, but putting it into practice is where the real challenge lies.
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Bette
2 months ago
Profits, People, and Planet - the holy trinity of sustainability. I wonder if they have a secret handshake?
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Alverta
2 days ago
I like the idea of focusing on profits, people, and the planet. It's a win-win-win situation.
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Norah
11 days ago
Yeah, it's like a secret mission to save the world while making money.
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Nikita
1 months ago
I never thought of it that way, but it does sound like a secret club!
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Velda
2 months ago
Ah, the 3Ps - Profits, People, and Planet. It's like a superhero trio, saving the world one balance sheet at a time!
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Carlota
2 months ago
Yes, because it shows how a company is not only focused on profits, but also on social and environmental impact.
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Clarence
2 months ago
The 3Ps in the triple bottom line are definitely Profits, People, and Planet. This framework provides a comprehensive way to measure sustainable performance.
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Mitzie
1 months ago
I agree, it's important for businesses to be sustainable and consider their impact on society and the environment.
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Celestina
1 months ago
Organizations can really make a difference by focusing on all three aspects of the triple bottom line.
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Alex
2 months ago
It's great how the TBL framework considers not just profits, but also the impact on people and the planet.
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Linwood
2 months ago
Yes, you're right! The 3Ps in the triple bottom line are Profits, People, and Planet.
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Lashawnda
2 months ago
I think it's important to consider all three aspects when measuring sustainability.
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Carlota
2 months ago
The 3Ps in the triple bottom line are Profits, People, and Planet.
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Luke
1 months agoNikita
15 days agoTherese
29 days agoMira
1 months agoAleisha
1 months agoBette
2 months agoAlverta
2 days agoNorah
11 days agoNikita
1 months agoVelda
2 months agoCarlota
2 months agoClarence
2 months agoMitzie
1 months agoCelestina
1 months agoAlex
2 months agoLinwood
2 months agoLashawnda
2 months agoCarlota
2 months ago