Southern New Hampshire University MGT 320 Module One Pair Discussion Rubric
Overview The purpose of this exercise is to compare and contrast the bottom-line and triple-bottom-line approaches to management. This assessment supports developing an understanding of the business and societal trends influencing publically traded corporations to adopt new business management and leadership approaches.
Prompt Collaborate with a partner to compare bottom-line and triple-bottom-line approaches to management, evaluate their primary differences, and explore why a corporation would consider moving towards a triple-bottom-line management approach. Use the instructions and template provided in this document to guide your work.
Instructions 1. You will be assigned to collaborate with a partner for this pair discussion. 2. Determine which partner will evaluate bottom-line management and which partner will evaluate triple-bottom-line management. 3. Use Part 1 of the template that follows to complete your evaluation. All of your work on the evaluation must be entirely in your own words. 4. Review your partner's work for accuracy and completeness. Collaborate on required changes. 5. Work with your partner to answer the questions that appear in Part 2 of the template that follows. Your answers must be entirely in your own words. 6. Each partner must submit this exercise for grading.
Part 1: Evaluation Brief definition fiat least 3 Two benefits of using and no more than 5 this strategy sentences)
1.1
Two risks of using this strategy
Bottom-line management
Southern New Hampshire University The bottom line is a companies can company's net invest in new income, or the talent, product "bottom" figure on a development, company's income or expanding statement. More operations. specifically, the They can also bottom line is a pay company's income stakeholders after all expenses dividends or have been deducted repurchase from revenues. stock. These expenses Increasing the include interest bottom line is charges paid on simple. loans, general and Increase administrative costs, revenue and and income taxes. efficiency while cutting costs.
1. Fraud reduction. Human nature being what it is, you can never be totally immune from the effects of fraud. Almost always, the consequences of disingenuous or criminal behavior are totally unforeseen and can result in emotional and financial upheaval. 2. Reputational damage. Nothing can interrupt the flow and profitability of a business like a big scandal. Whether or not it actually happened, who did it or why, the consequences can be disastrous once the word gets out
Southern New Hampshire University
Brief definition fiat least 3 and no more than 5 sentences)
Two benefits of using this strategy
Two risks of using this strategy
Triple-bottom-line manag