BGS week 1 notes - BGS week 1 notes In the red making...

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BGS week 1 notes In the red making losses In the black surviving Founders/ownership theory economic gain was the main objective and aim Bottomline (refers to the loss or profit) revenue – cost = loss/profit Stakeholder theory evolved from the simple ownership theory to triple bottom line theory Triple bottomline economic, social(taking care of the community around it) (the people and employees as well as the people that u affect as a result of your company) (eg of Foxconn), environmental (taking care of the surroundings and the planet without destruction to the environment around) (eg haze in Singapore from indo) (nestle kit kat and green peace using palm oil to produce chocolate, loss of habitat for the orangutans in the Malaysia forests when the palm oil tress were cleared to produce palm oil) C-suite echelon the main board of people CEO,CFO main strategic investment decisions COO look after facilities and all, hard ware and the software CIO
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