1 3 Assignment Triple Bottom Line Industry Comparison.docx QSO-321 1-3 Assignment: Trip

1 3 Assignment  Triple Bottom Line Industry Comparison.docx  QSO-321  1-3 Assignment: Triple Bottom Line Industry Comparison  QSO-321  Module One Assignment  As we begin to look at the phrase "triple bottom line," we must remember it refers to the belief that companies should commit to focusing as much on social and environmental concerns as they do on profits (Kenton, 2020). We start by exploring the many similarities between integrating the triple bottom line (TBL) groundwork into both the service industry and the manufacturing industry. Both industries can utilize the B Impact Assessment to determine their TBL value. The B Impact Assessments is used to measure categories like workers, environment, community, and governance. The service industry and manufacturing industries have a social responsibility, and the outcome of the TBL value could influence the company's public perception. Typically, a manufacturing company does not sell to the public directly. The results could stop other companies from purchasing because of the poor perception it could be as.  As we review the triple bottom line framework and review the differences between the service and manufacturing industry, we will notice a few. The manufacturing industry routinely rates above their counterparts in the service industry on environment and governance and lower in the community and employee categories. The main reason is that a service industry company utilizes employees to provide service while the manufacturing industry produces products using materials. If we look a