Discussion Question – Option #1 (Ethics and Bottom Line Performance)
For this option, read Chapter 7 in the Capsim E-textbook, Ethics: doing it right – social responsibility and ethical decision making.
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One of the goals of the Capsim competition was to give you experience in manipulating the levers of control that drive a business. However, there are ethical and social responsibilities that extend beyond a company’s need to earn a profit. If you were to compete in a Capsim competition again, how would you ensure that your team incorporates the Triple Bottom Line of financial, environmental, and social performance?
- Describe what your triple bottom line goals might look like.
- How would you measure the company’s performance toward those goals?
- How would you incorporate triple bottom line metrics using the Balanced Scorecard?
Your discussion posting must be at least 250 words in length, and contain a library-based, scholarly citation and a supporting reference. Use the CSU-Global Library or other online resources to retrieve your scholarly or peer-reviewed articles and journals. Post your initial response early and check back often to continue the discussion. Be sure to respond to peers’ and instructor’s posts, as well.