Question

A strategy that meets the needs of shareholders and employees and preserves the environment socially and economically is called:

a.Product - Service Bundling Strategy
b.Triple Bottom Line Strategy
c..Planning, Sourcing, Making, Delivering Strategy
d.Business Process Engineering Strategy

Answer 1

The Triple Bottom Line Strategy is a strategy that meets the needs of shareholders and employees while preserving the environment socially and economically Option b.

Step-by-step explanation:

A strategy that meets the needs of shareholders and employees and preserves the environment socially and economically is called the Triple Bottom Line Strategy. This strategy focuses on three main areas: people, planet, and profit. It ensures that companies consider the social, environmental, and economic impacts of their actions.

For example, a company implementing the Triple Bottom Line Strategy may invest in renewable energy sources to reduce their environmental impact, provide fair wages and benefits to their employees, and prioritize community engagement initiatives.