Social Bottom Line Notes: Definitions & Explanations PDF | Download eBooks
Study Social Bottom Line lecture notes PDF with supply chain management definitions and explanation to study “What is Social Bottom Line?”. Study social bottom line explanation with SCM terms to review supply chain management course for online MBA programs.
Social Bottom Line Definition:
Element of the triple bottom line that assesses the performance of a business in relation to the people and the society with which it has contact; and/or environmental mission and a legal responsibility to respect the interests of workers, the community and the environment as well as shareholders.
Operations Management by Nigel Slack, Alistair Brandon-Jones, Robert Johnston
Social Bottom Line Notes:
The social main concern is the result of an organizations' social manageability rehearses. It is the estimation of 'benefits' as far as human capital. Social supportability is identified with how we settle on decisions that influence different people in our worldwide network. It covers the broadest parts of business tasks and the impact that they have on workers, providers, financial specialists, neighborhood and worldwide networks and clients. Social supportability is additionally identified with progressively fundamental needs of bliss, security, opportunity, pride and confidence. Social primary concern addresses that the less a business pays its work power, the more it can stand to work. Rather, the social primary concern estimates the long haul manageability of the organizations human capital. Business interests and cultural interests are viewed as associated.
Keep Learning with Supply Chain Management Notes
What is Preventive maintenance?
Preventive upkeep (or preventive support) is upkeep that is normally performed on a bit of hardware to decrease its probability ...
What are Cause Effect Diagrams?
A circumstances and logical results chart analyzes why something occurred or may occur by arranging potential causes into littler classes. ...
What is Bottleneck?
A bottleneck (or imperative) in a store network implies the asset that requires the longest time in activities of the ...
What is Environmental Bottom Line?
Ecological maintainability takes the view that the less sway your business has on the earth, and the less characteristic assets ...
What is Economic Bottom Line?
Monetary primary concern is just incompletely about the money related gainfulness of the business. Your financial capital must be estimated ...
What is Robust design?
It is the concept of Dr. Genichi Taguchi and he explains it as the reduction in variation of product without ...