Question

A strategy that meets the needs of shareholders and employees and that preserves the environment.

Short answer

Triple Lines Bottom approach satisfies the requirements of both shareholders and employees while also preserving the environment. It refers to a company's economic, employee, and environmental dynamic management plan.

Step-by-step solution

Step by Step SolutionStep 1: Introduction

A strategy is a collection of plans, activities, and goals that describe how a company will compete in a certain market, or markets, using a product or some goods or services.

Analyze the strategy that meets the requirements of shareholders and employees.

To remain sustainable and profitable in the long run, a firm must strike a balance between these three factors.

1. A firm must preserve sustainability by not harming the environment and maintaining a positive employer-employee connection.
2. A corporation must make the best use of its resources by saving for the future and cost-effectively utilizing resources.