Title: Unit 2 Glossary
Course: BUS 270 Introduction to Sustainability in Business > Section: BUS 270 Introduction to Sustainability in Business

Unit 2 Glossary

Terms

Term | Definitions
Business stakeholders | People or entities that are directly or indirectly affected (gain or loss) by the activities and policies of a business.
Costs | What is spent or paid to purchase something.
Determination | Firm or fixed intention to achieve a desired end.
Profit | The amount of money a business retains after paying the costs associated with the sales of their goods and services.
Profitability | The financial gain from a sale or business transaction.
Revenue | Total amount of money received, or sales a business generates by providing their goods and services.
Triple bottom line (Three P’s) | The triple bottom line is made up of "social, economic and environmental" factors. "People, planet and profit" succinctly describes the triple bottom lines and the goal of sustainabil ...