how the looting of shops and malls will affect businesses of the terms of the relationship between social responsibility and triple bottom line
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how the looting of shops and malls will affect businesses of the relationship between social responsibility and triple bottom line
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Answer: The looting of shops and malls will affect businesses.
Explanation:
According to the triple bottom line theory, there should be three bottom lines profit, people and the planet. and hence, the name is the triple bottom line.
- TBL tries to assess corporate social responsibility and its environmental impact over time, which is how social responsibility and the triple bottom line are linked.
- TBL evaluates a company's commitment to corporate social responsibility as well as its environmental impact.
- When a store or a shopping strip gets looted, business owners no longer feel safe doing business there, and they close their doors, as the looters steal their efforts and profits.
- Therefore, looting stores and shopping streets impacts the business as stores are closed and profits and personnel are lost.
- In addition, since the store is not operated, we cannot take any social responsibility.
Hence, the business owners feel unsafe because of the looters.
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