How would you implement the concept of Triple Bottom Line (People, Planet, Profit)

Discussion 1:

 

From the e-Activity, analyze the reasons why the short-term project that you have chosen might be ranked higher under the NPV criterion if the cost of capital is high, while the long-term project might be deemed better if the cost of capital is low. Determine whether or not changes in the cost of capital could ever cause a change in the internal rate of return (IRR) ranking of two (2) projects.

From the scenario, take a position for or against TFCbs decision to expand to the West Coast. Provide a rationale for your response in which you cite at least two (2) capital budgeting techniques (e.g., NPV, IRR, Payback Period, etc.) that you used to arrive at your decision.

Discussion 2:

How would you implement the concept of Triple Bottom Line (People, Planet, Profit) at the NAB company you created? It is a non-alcoholic beverage company. See attachment

 

The concept behind the triple bottom line is that companies are responsible to all their stakeholders, and these include everyone that is involved with the company whether directly or indirectly, as well as the planet we’re all living on. This approach sees shareholders as part of the stakeholder group, but only as part of it.

For week 6 discussion you will address each of 3 components as outlined below:

Profit

When looking at profit from this theory’s perspective, the idea is that profits will help empower and sustain the community as a whole, and not just represent a benefit for the shareholders.

Briefly explain your approach.

People

Discuss your approach to care about suppliers, customers, community, employees.

For example, to care about employees you can provide a good working environment, training and development opportunities, healthcare, etc.

Planet

Discuss your approach to minimize your impact on the environment.

An example would be to create processes to minimize waste or reduce energy usage; maybe you are using recycled materials, etc