Cultural Comparisons and the Triple Bottom-line
n this module, you have learned about the ways organizations support their
people, whether it be within the workplace or the local community. In this
discussion, you will evaluate business practices that are not considerate of
employees and communities, brainstorm reasons why the practices may have
been established, and consider how they can be improved.
For your initial post, select one of the following practices to evaluate:
• Employee pay is low.
• Employee training is limited.
• Employee benefits are minimal; there is little paid time off or sick time
available.
• The workplace culture is described by employees as stressful,
competitive, or alienating.
• A business doesn’t give back to the local community in any way.
• A business outsources many of its suppliers even though many local
suppliers are available.
In your initial post, evaluate your selected practice by addressing the
following questions:
• What general factors may have contributed to an organization or
business implementing this practice?
• What are some potential negative repercussions of the practice on
employees, the local community, or the business or organization?
• What benefits might employees, the local community, or the business
or organization
Sample Solution
Scholars concur that there are three main aspects to sustainable business: financial, social, and ecological (e.g., Dyck, Caza, and Starke, 2018; Glavas and Mish, 2015; Joyce and Paquin, 2016). The “triple bottom line” (TBL) technique, which is often used by practitioners, refers to this three-dimensional knowledge (Elkington, 1997; McWilliams, et al., 2016). For instance, in the UK, 100% of the top 100 companies report on their ecological and social performance, compared to 99% in Japan, 83% in the USA, 59% in China, and 30% in India (Buhr, Gray and Milne, 2014). Similar to this, a recent international poll discovered that 80% of managers mentioned difficulties with financial sustainability,
