The company understood that corporate citizenship is increasingly important for their long-term success and took action by commissioning a month-long, independent investigation of the labor conditions at its suppliers’ factories in China. Apple also issued positive statements explaining how they have been working with their workers and suppliers to
Her parents instilled strong values, humbleness, and the ability to listen to people and value what they are saying. These human skills attributes layer the foundation and is reflected in the ethical values Barnes has sustained throughout her career. Brenda Barnes received “her undergraduate degree in business and economics from Rockford, Illinois’ Augustana College in 1975… also entered Loyola University, from which she graduated with her M.B.A in 1978” (notablebiographies.com). In 1976, she landed a job as a business manager for Wilson Sporting Goods formerly a division of Pepsi. With determination she strived to succeed in a male dominated company and achieved her goal of becoming head of sales.
For example it states for the suppliers that “Employment is freely chosen”, “Working conditions are safe and hygienic” These principles are intended to guide your decision-making and workplace behaviour. Ideally, a code of ethics will significantly impact your work practices, because you will follow the principles when at work, but how much impact a code has depends on how your company uses it. http://www.bodyshopinfo.com/assets/c_of_c_suppliers.pdf http://www.bodyshopinfo.com/assets/c_of_c_employees.pdf Body Shop state on their website “we've helped to raise funds and global awareness of domestic violence. Since 2004, over £4m has been donated to local partners who fund the prevention, support and protection of abused women and children” http://www.thebodyshop.co.uk/values/DefendHumanRight.aspx. Body shop are defending human rights through complying with laws and giving better working conditions, and reasonable hours to work.
The Coca Cola Company is successful because it performs a SWOTT analysis on the company to pinpoint the areas the company should focus on to improve the organization. After performing the SWOTT analysis the Coca Cola Company chose to focus on the company’s leadership, legal and regulatory, culture, global, technological, innovation, and processes and systems trends in the company. * Leadership in an organizational role requires establishing a clear vision of how the company wants to run its business. Sharing that vision with the organization will allow the company to provide information, knowledge, and the resources to its employees to realize that vision. Appropriate leadership allows the management team to coordinate and balance conflicting interests for all members or stakeholders of the organization.
EST1 Task 310.2.1-05: Ethical Situations in Business Western Governors University February 2, 2013 EST1 Task 310.2.1-05: Ethical Situations in Business Companies have four levels of social responsibility: 1) economic, 2) legal, 3) ethical, and 4) philanthropic. A company has to balance its duty to shareholders to make a profit with its contract with society to make socially responsible decisions. In order to increase profit, a company must understand the needs of the stakeholders and develop a coordinated plan which establishes standards within the company that can be understood and accepted by all employees; as well as supporting the needs of the community it serves. Company Q has supported the need to improve profit by closing two unprofitable stores. However, an analysis should be made regarding the need to close those stores.
However, PepsiCo uses assets more efficiently and the return on stockholders’ equity is higher than Coca-Cola. We thank you for affording us the opportunity to work with you on this project. We will be glad to discuss any questions you may have at our meeting next week. Sincerely Learning Team A A REPORT OF COCA-COLA COMPANY AND PEPSICO, INC. Submitted: May 27, 2014 Prepared by: L. BELFORT R. ARNOLD E. WATSON V. ROBINSON Executive Summary Assigned to the task of comparing financial analysis of two companies; The Coca-Cola Company and PepsiCo, Inc., team A calculated three sets of ratios to test and compare liquidity, solvency, and profitability.
Unit 3 Assignment AB221-01: Customer Service Alicia Turner Kaplan University Professor: D. Butler November 25, 2012 Customer Service and Customer Loyalty The business industry has begun to focus on their customers’ satisfaction and loyalty more so now than ever before. Many companies have developed plans on loyalty metrics. The best and most effective way to design a website that would affect customer loyalty and satisfaction will be demonstration in this paper. When it comes to becoming profitable from a company website, one of the most crucial things is creating a design that will involves long and short term goals. This can determine customer satisfaction because this plays a major and critical role in determining customer
With the right type of marketing research the company will be able to maintain its current customers and should be able to bring back customers that have left because of dissatisfaction, and because of the hard economic times. Since the first Wal-Mart store opened in 1962 in Rogers, Arkansas, we've been dedicated to making a difference in the lives of our customers. Our business is the result of Sam Walton's visionary leadership, along with generations of associates focused on helping customers and communities save money and live better (Walmart, 2012). The very prominent advertising slogan “Save money, Live better,” has been cemented into the foundation of the company which reminds customers thet have the lowest prices, and consumers should
The vast majority of companies that move in the direction to achieve sustainability also have enhanced profitability. Sustainability offers a firm new ways to protect their business from environmental, financial, and social risks, to run a company with greater efficiency and productivity, and to grow a company through the development of new products and services and the opening of new markets (Savitz, 2006). A firm can protect their business operations by conducting a thorough analysis of assessing the baseline. A company needs a clear understanding of where it is before figuring out where it needs to go. The thorough analysis of the firm’s environment will help identify risks that may be harmful to the employees, customers, and communities, as well as management failures early.
Mikayla Schwartz I/O Psychology Term Paper Many companies that are key contributors to the current world economy chose to support the concept of a psychologically healthy workplace, at least from the outside perspective. As an employee at Wells Fargo Bank I am able to exploit my personal experiences and opinions of the organization as well as my perspective of the organization before becoming a team member. Not only does Wells Fargo have a psychologically healthy workplace for employees, but there is a healthy environment for customers as well. Wells Fargo Bank has a lot to offer to the community and the success of the company can be summarized in three beliefs in who they are and what they do: their product is their service, their value