Triple Bottom Line and Systems Theory
Write an analysis on the ways in which Systems Theory and the Triple Bottom Line theory support or negate each other.
Address the topics for this module in your work.
The topic is about: This module introduces the concept of Corporate Social Responsibility (CSR) and some of its implications. It will also provide some answers to the question of whether or not businesses should be concerned with social responsibility, and why. When studying theories of social responsibility, think about how they can be applied to monitor and improve business processes.
Cite all sources and be sure to use the current APA standards when formatting your paper. All written assignments and responses should follow APA rules for attributing sources.
Present analysis of how the specified theories support each other in a paper. Present analysis of how the specified theories negate each other in a paper. Present arguments clearly and in a logical structure, using appropriate transitions.
Triple Bottom Line and Systems Theory:
Systems theory provides an explanation of the historical development as a dynamic process. The theory provides an explanation of all complex entities available within a through the use of models. A system can either be open or closed with regards to the manner in which it interacts with its environment to ensure the event of communication. Triple bottom line theory on the other hand is an economic theory. This incorporates the monetary and financial systems with an aim of providing an understanding of productivity optimization (Warmoth, 2006).
Corporate Social Responsibility And Its Implications:
The concept of corporate social responsibility (CRS) is the economic, ethical and legal expectations which an organization holds at a specific point in time. For an organization to be in line with the law and return the favors they earned to the investors, corporate social responsibility has to be taken into consideration. CSR is known to hold some similarities to business ethics.
There are various implications associated to the CSR ...
The expert analyzes the ways in which systems theories and the triple bottom line theory support or negate each other. References are provided.