Triple Bottom Line - Henry Schein and Dental Procurement

I created a company called Advanced Dental Procurement, LLC. I will attach the financial statements that need to be input as appendices to the paper. This is the info and direction given. Please note that there are websites in the direction that can be viewed. I will also be attaching the article that explains the "Triple Bottom Line". Direction for paper: As the recent two conferences, www.g20.org and https://ukcop26.org/ have shown, sustainability is gaining a big part of the future thinking of people, countries, and governments, including businesses. However, sustainability means different things to different people, regions and continents, due to there being no global standard on the definition of the word. It is mentioned in different names, and terms based on the region. There are three focus areas, based on the “Triple Bottom Line”, which refers to companies balancing their long-term economic, social, and environmental performance. However, companies have many challenges to accomplish this balancing act, and many organizations fail to accomplish this act. Elkington (1997) came up with the triple bottom line framework in which sustainability is achievable only if organizations can earn their economic profits in ways that are socially and ecologically responsible. There are several key focus steps within the assignment: 1. Analyze one company from the industries mentioned below, and share how it manages its triple bottom line, and how much it has been successful in managing this area. Be specific, find different resources for information, and do not rely only on the company’s website and press releases. 2. Then create your own organization, with the learning of this balancing act, and showcase a product or range of products that may satisfy the three areas mentioned above. a. Create the vision, mission, and values of your company b. Evaluate external strategic drivers to create your firm’s strategic approach to sustainability c. Review internal strategic management principles and resources d. Clearly communicate a firm’s sustainability agenda to various stakeholders 3. Prioritize these issues from both a sustainability and commercial point of view. This will help you recognize and better manage risk, improve efficiency, revenue potential, growth, and other opportunities 4. Map the short and long-term ambitions for your sustainability vision, assess the risks, and address any gaps in delivery. 5. Support the alignment and integration of your sustainability vision into your overall corporate ​‌‍‍‍‌‍‍‌‍‌‌‍‍‍‌‍‌‌‌‍​strategy. 6. Identify challenges for strategic sustainability management 7. Use accounting principles from the text material for your product business 8. Evaluate tools and technologies for sustainability 9. Review strategies for managing changing climate control laws and regulations 10. Recognize stakeholders, both seen and unseen. Select a company from the following categories: 1. Food Industry 2. Pharmaceutical 3. Fashion Industry 4. Consumer Industry Your Budget for this business is 1 million dollars. Your use of money should reflect the best use of the triple bottom line. Accounting Requirements: 1. Budget 2. Income Statement 3. Balance Sheet The financial statements can be added to the paper as appendices. The paper should focus on the following: 1. Introduction and formulating strategy, including strategic planning 2. Implementation Strategy 3. Expected Outcomes Additional Considerations include, but not limited to: 1. Introduction of Strategy 2. Strategic Management Principles 3. A comprehensive analysis of the industry, and strategic groups 4. Life cycle analysis, macro environment, competitive landscape 5. Address the following concepts and issues: efficiency, economics of scale, competitive and comparative advantages and disadvantages 6. Prospective customers, product offerings 7. Cost of production and resource allocation 8.