Yes, It's the great importante for many company to minimise the impact that their products have on the environment ,but it's totally unacceptable for companies to make false claims. Many consumers think that a lot of companies pretended to be green just to charge higher
BMA1 – Task 304.1.3-04 Steve Perryman Western Governors University Social responsibility is a concept that many businesses take seriously because it has a direct effect on the consumer’s perception of the company and the bottom line profitability of the company. Social responsibility is the company’s obligation to maximize its positive impact and to minimize any negative impact in a community and its consumers. There are four aspects of social responsibility: Economic, Legal, Ethical, and Philanthropic. There are many examples of companies like Whole Foods, Coca-Cola, and PNC Financial Group who go above and beyond these four aspects of social responsibility. Company Q in the scenario provided has a very poor attitude towards social responsibility because though they provide some basic aspects like Economic and Legal they fall short in Ethical and Philanthropic aspects.
The importance of the blue ocean strategy is that it keeps companies looking for untapped markets, which will provide new goods and services for the consumer. A product or service that might be considered a blue ocean move can be as simple as mixing alcohol and energy drinks packaging them and selling to the public. Anheuser-Busch could do this as long as the energy drinks do not contain caffeine. Mixing alcohol and energy drinks is not a new idea, but in November of 2010 the Food and Drug Administration declared caffeine an illegal and unsafe additive to manufactured alcoholic beverages. So now breweries cannot manufactures energy drinks with alcohol.
Political competence is what can really make the CC part of it shine and in turn CC will make political competence shine. Political competence is one of the skills necessary to apply good cooperate citizenship. Both are related to ethics. Whereas good corporate citizenship is about an organization acting ethically toward society as a whole, political competence is one of the necessary skill required to apply good cooperate citizenship, which is a number of related skills. Good CC, for example, a company CEO of a HCO defines good corporate citizenship as meeting the growth and demands placed on health companies by society in an economically, environmentally and socially responsible manner (“The Power to Change: Mobilizing board leadership to deliver sustainable value to markets and society”, 2001).
Corporate environmentalism has the potential to improve the sustainability of organisations in modern times through improving the status, legitimacy and profitability of organisations. However recent criticism from environmental groups claiming companies are ‘merely window dressing’ and not ‘making any radical attempt to minimize their environmental impact’ has sparked debate over whether the true motives of large scaled firms is still profit maximisation (Whiteman and Cooper 2000). This critical analysis essay aims to inform the reader of the potential reasons as to why firms implement corporate environmentalism into their management
This exploratory argumentative paper will delve deep into the case of why recycling the non0biodegradeable waste should be made mandatory by the government for all private individuals and corporate entities to comply with. The United States authorities tasked with environmental conservation have been working hard towards making sure that people understand the importance of recycling waste. These efforts, however, have not been successful as these government agencies are yet to be able to fully employ voluntary conservation approaches throughout the country. A good case in point is the city of Seattle where any individual who throws away
As stated in MKTG, sustainability ‘refers to the idea that socially responsible companies will outperform their peers by focusing on the world’s social problems and viewing them as opportunities to build profits and help the world at the same time(p.38)’. I believe that Coca-Cola is sustainable in the way that they are focuses on the world’s social problem by wanting to stop or lower the amount of obese people as they said in their commercial and as it says in the article. They get to also make more profit that way by having the people that want to lose weight buying their new products with few or zero calories. 2) Why is it important for corporations like Coca-Cola to consider social and environmental issues in their decision making process? It is important for corporations like Coca-Cola to
Analyse the possible motivations of The Coca Cola Company for its position and its measures on obesity. Coca Cola has various motivations in doing this campaign. First, it is a way for them to prevent them from a negative publicity. Indeed, NGOs are accusing sugar-sweetened beverage of being responsible of the rising obesity. Through this campaign, Coca Cola is saying two things: they are fighting against obesity meaning they are socially implicated which is valued by consumers and so create a good image for them; then, Coca Cola is not responsible of obesity because they sell no calorie beverages and so in fact the consumers are the ones responsible of choosing such beverages.
Discussion Question 1: Should business be concerned about sustainability? Why or why not. Sustainability is known to be an important factor to consider when running a business and is the new buzzword for businesses today. The basic definition of sustainability is “the belief the businesses needs to meet today’s requirement without compromising future needs in the operations and production” Therefore businesses should be concerned about sustainability as: In today’s society we are beginning to learn that resources are in some degree limited and in order for the upcoming generations to not experience worse, businesses need to be aware of the ideals and requirements of sustainability. Businesses should be concerned about sustainability for the reason that, if you are not sustainable, businesses doesn’t have the capacity to operate as well /equal as current requirements in businesses today.
What is Scholfield Honda's primary ethical responsibility in situations where a proposed green initiative is cost-prohibitive or even detrimental to the company's bottom line? The main responsibility here was to his company, to make sure that it remained financially stable. The “Green” effort was secondary to his ethical responsibility. The option of promoting the natural gas vehicles to his corporate and fleet consumers allowed him to not only protect the foundation of his business of selling vehicles to public consumers, but to also allow him another market completely without risking his established business. Should the government regulate companies' claims that their products are green?