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Ben and Jerry's objectives
Ben Jerry's social responsibility affects customers
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Ben and Jerry’s are possibly the world’s most famous ice cream makers, having revolutionised the industry with their creative, over the top creations, and endless innovation. Their feel good, cutesy marketing has resulted in brownie points from all corners, as has their respectable stance on ethical matters. And, refreshingly, it isn’t all talk with Ben and Jerry’s: despite being owned by global conglomerate Unilever, the company have stayed true to their initial values. In fact Ben and Jerry’s can serve as a model of how a business can remain committed to sustainability and ethical practices despite impressive growth. Their status as an ethical powerhouse was cemented in 2012 when they became a Certified Benefit Corporation (or B Corp); a …show more content…
This does not have to be the most logical topic, but something that is personal to you · Even if your sustainability measures are the real thing, that doesn’t mean you shouldn’t use them to enhance business image · The ‘Warm and fuzzy’ effect shouldn’t be underrated Social Responsibility Here are some ways Ben & Jerry’s focuses on ethics, the environment and social responsibility: Ben & Jerry’s has always been focused on the communities in which they serve. In the UK, they have a bus that travels through the streets during festivals selling ice cream. The profits gained are used to support charitable causes in the local community such as “Childline” and “Trees for Cities”. The company offered stock options to its hometown of Vermont where it began when it decided to expand into other cities. Ben & Jerry’s wanted the community who supported its beginning to be the first to benefit from its success. Ben & Jerry’s uses certified humane cage-free eggs in their ice cream products in Europe. In the US, Ben & Jerry’s ice cream products are 99% cage-free. The existing 1% is in the novelty ice cream bars sold in the US and
With forward movement in society, it is important to consider not just what will propel most toward success, but also what will help to sustain the environment along the way. What may have been considered appropriate decades ago, may no longer be socially acceptable due to the changes observed in both the business world and the environment (Fiske, 2010). Therefore, it is important for organizations thriving in today?s economy to consider how they may capitalize most effectively from their product or service of choice while minimizing or eliminating any damages along the way (Knoke, 2012).
Staying in touch with their customers would not enable Ben and Jerry to be as successful as they have become if their ice cream was not high quality as well. The second value the company espouses is to use only wholesome, natural ingredients. They began their operation on this premise, utilizing fresh Vermont milk and cream to create their frozen concoctions. During a period of volatility in the dairy market in 1991, the company went so far as to pay a dairy premium totaling a half million dollars to combat Vermont dairy farmers’ losses. This helped protect the family farmers who supplied the milk for Ben and Jerry’s ice cream.
Ben & Jerry's Homemade, Inc., the Vermont-based manufacturer of ice cream, frozen yoghurt and sorbet, was founded in 1978, with a $12,000 investment ($4,000 of which was borrowed). It soon became popular for its innovative flavours, made from fresh Vermont milk and cream. The company currently distributes ice cream, low fat ice cream, frozen yoghurt, sorbet and novelty products nationwide as well as in selected foreign countries in supermarkets, grocery stores, convenience stores, franchised Ben & Jerry's scoop shops, restaurants and other venues.
In the article, case studies for Barnum & Bailey’s Circus, Whole Foods, and BB&T Bank, were presented to “illustrate how the market rewards virtuous behavior, even without consumers trying to do so” (Kotkin, 2010, p. 47). Barnum & Bailey’s Circus reformed the deceitful and negative reputation of the circus industry by selling tickets for reasonable prices, employing honest ticket sellers, closely monitoring their employees for dishonest behavior and requiring costly repercussions for violators, hiring private detectives to ward off pickpockets, and similar developments to improve their business integrity and market the circus as an honest source of entertainment for families. Whole Foods applies a “customer-first model” (Kotkin, 2010, p. 51) that supports the theory that if the customer is happy, then the business will be more profitable. In addition, the company advocates for environmentally friendly production methods and aims to make the world a better place while remaining profitable, by promoting animal welfare, sustainable seafood and supports the local co...
In order to understand McDonald's structure and culture and why they continue to be the world's largest restaurant chain we conducted a SWOT analysis that allowed us to consider every dimension involved in the business level and corporate level strategies.
Marketers are often accused of marketing to children to gain higher profits. Young children are targeted because they usually do not know right from wrong. Many people have criticized McDonald’s for advertising the Happy Meal towards young children for higher profits. Some people consider it unethical because the Happy Meal is so unhealthy. However, McDonald’s has taken many initiatives to show that it is a corporation that does not manipulate children for profit and that they care for children. The Ronald McDonald House Charities organization was created by McDonalds in 1974 to help children in need. The organization believes that helping one child will go a long way, and they express their commitment in their vision statement, “We believe when you change a child’s life, you change a family’s, which can change a community and, ultimately, the world” (Ronald McDonald House Charity). McDonald’s also provides donations for many other children’s charities and has taken steps to improve the Happy Meals by providing healthier options. McDonalds works hard towards making children all ove...
McDonald's Corporation is the largest fast-food operator in the World and was originally formed in 1955 after Ray Kroc pitched the idea of opening up several restaurants based on the original owned by Dick and Mac McDonald. McDonald's went public in 1965 and introduced its flagship product, the Big Mac, in 1968. Today, McDonald's operates more than 30,000 restaurants in over 100 countries and have one of the world's most widely known brand names. McDonald's sales hit $57 billion company-wide and over $25 billion in the United States in 2006 (S&P).
PepsiCo discloses their stakeholder engagement as a contribution towards sustainability. As part of the company social responsibility and sustainability strategic planning, the company has put in place strict policies to guarantee a long-lasting relationship with all its stakeholders. According to the company website, ‘PepsiCo has established a strong relationship with NGOs and routinely engage them to leverage their areas of expertise or interest to help shape their CSR processes and tracking methods. These relationships have helped to better identify sustainability priorities that supports both the business model and the expectations of the stakeholders’ (PepsiCo 2013). PepsiCo invests mainly in activities linked to their chain of management, they totally applied Kramer and Porter’s ideas. Porter explains that businesses are socially responsible today because they realized that socially responsible activities build and develop credibility, integrity, and give competitive advantage.
At first glance one may get the feeling that Ben and Jerry's ice cream has a community value, a primary example of a social assumption. Community value is generated from the claim that the ice cream that goes beyond the function of being just an ice cream and makes the assertion it provides many with "jobs, training, and childcare"(Entertainment). Imagery is also used communicate this point, in particular the two men carrying the brownies out of the factory. Showing a community bond is a marketing scheme to make a company seem responsible to consumers and make them feel more like it is acceptable to buy the product. This is a fantastic example that "...we are still no less subjected to the emotionally inflected manipulations that have always targeted fear, sexual desire, and the need for community"(Wall, 53). We see an underlying need to serve our community and do what helps the largest number of people at a minimal cost. Many can see an advertisement, such as this Ben and Jerry's advertisement, and rationalize that it is worth the few dollars to help all of those people.
These community-based projects improve the quality of life for the environment, without making supporters feel like Ben & Jerry’s is completely worried about helping with an expected monetary return on their investment. The company displays their love for the community through social media shutouts, sharing photos of hard-working employees enjoying their job, engaging the community on national topics like same-sex marriage and more. The company also uses their pre-tax profit to distribute over one and a half million dollars annually to provide grants to organizations, specifically targeting Vermont, their hometown and others across America. The corporate social responsibility actions the company has taken thus far has not only benefitted the company by displaying a positive public awareness image, but also benefits the community by helping those in poverty situations, rewarding positive behavior from volunteer community service projects and uniting supporters for a common cause. Ben & Jerry’s has consistently gone above and beyond to prove that it is more than just ice cream that attracts fans and continues to keep loyal
Green and sustainable companies has made social responsibility an important part of their business models.
This insight has led to Corporate Social Responsibility becoming increasingly important in our society nowadays. It has more or less become part of business ethics. A socially responsible company should be an ethical company. And an ethical company should be a socially responsible company. Companies that manage to apply business ethics to all aspects of their business conduct can be regarded as well-run businesses, that are strongly committed to good corporate
Both of these areas are the lifeblood of the company, and any benefit to them should not be overlooked. Before a company can become proficient at corporate social responsibility, they must first know its definition. Corporate social responsibility is defined as actions that can be taken by a company to ensure they are adhering to ethical and social responsibilities of the day. These corporate social actions are self-regulatory, as a company strives to adhere to guidelines while also going above and beyond being a Good Samaritan in the business world (ECA, 2015). This can place certain businesses at the forefront in customers mind because of the example they are setting in the marketplace. A company going above and beyond the call of duty to work towards a more philanthropic approach in the surrounding community is a perfect example for corporate social responsibility. Going deeper into the definition, corporate social responsibility acts like a “double bottom line” for a company, as they strive to achieve financial goals, but also achieve their social mission out in the community. Once a company is aware of what the concept of corporate social responsibility is, they can now implement it and start to reap the many benefits of its
In 2011 PepsiCo announced the launch of their Social Vending System. This system featured a full touch interactive screen. A consumer can select a beverage and enter the reciepent's name, mobile number, and personalized message and gift it with a video. PepsiCo uses technology to their advantage for global implementation.The company uses media sites in multiple was as advertisement and marketing tools.
Ben Cohen and Jerry Greenfield founded Ben & Jerry's Homemade Ice Cream in 1978. Over the years, Ben & Jerry's evolved into a socially-oriented, independent-minded industry leader in the super-premium ice cream market. The company has had a history of donating 7.5% of its pre-tax earnings to societal and community causes. Ben and Jerry further extended their generosity by offering 75,000 shares at $10.50 per share exclusively to Vermont residents, so that they may help those who first supported the company; Ben and Jerry's wanted residents to profit from their venture as well. In addition, steady growth and a widely recognized brand name helped Ben and Jerry's obtain 45 percent of the premium ice-cream market, yet the company stock price remained stagnant at $21 a share for several years.