Stakeholder Analysis
Employees
・Compensation
Canadian Tire rewards employees who contribute to them. Further, Canadian Tire offers sufficient welfare and training for employees (Canadian Tire Corporation, Limited, 2009, p9).
Canadian Tire meets employees’ compensation. One report of Canadian Tire says that almost every employee is willing to support Canadian Tire’s success (Canadian Tire Corporation, Limited, 2009, p9).
・Opportunity
Canadian Tire offers some opportunities to each employee to discover career courses in overall Canadian Tire (Canadian Tire, 2011, para2).
Customers
・Want quality products
Canadian Tire is proud of high quality goods and services (Canadian Tire, 2011, para1).
・Honesty
Don’t give confusing advertising; make it clear for them.
Make sure if the information for consumers is lawful or not.
Canadian Tire tries to be honest to any companies (Canadian Tire, 2012, p10).
Suppliers
・Regular payment
Suppliers receive minimum incomes, which are followed by regulations (Canadian Tire, 2012, p5).
・Lead-time
According to Chan, Canadian Tire has had a relationship with Integrated for a long time, and this helps lead-time decrease (Ouellette, 2010, p2).
Investors
・Returns on investment
Returns on investment are approximately 10 to 12 percent (Canadian Tire, 2011, p11).
・Company must act legally and ethically
Canadian Tire acts correctly to be a reliable company. Canadian Tire has a rule, which is called a Code of Business Conduct, for every employee. The rule shows employees how to act as a member of Canadian Tire (Canadian Tire, 2011, para1).
Government
・Want a company to follow the regulation
Canadian tire follows to government regulations because it makes products safe and high quality (Canadian Tire, 2011).
・Act e...
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... Grass Trimmer was recalled by Canadian Tire. The product didn’t meet any requirement that was from the Canadian Environmental Protection Act (Market Line, 2013, p6).
・Non-sufficient space
When more and more products were brought from China, It was difficult not only for Canadian Tire but also for many companies. This is because they needed enough spaces to compensate for the extra lead-time (Ouellette, 2010, p2).
・Shipment
It is a fact to reduce the amount a lot if they come from overseas. The ratio of the decrease was 50 %, when Canadian Tire considered it (Ouellette, 2010, p2).
In addition, there is the country’s largest distribution center in Quebec. Halifax imports approximately 25 % of Canadian Tire’s shipment; on the other hand, Vancouver imports rest of them (Ouellette, 2010, p2).
It means it costs much money to deliver from Vancouver to Quebec. (Assumption)
During 2014 there was an ethical dilemma that occurred at Canadian Tire. There was an employee named Samantha and she held the position of a Supervisor at Canadian Tire. Canadian Tire would give out Canadian Tire money to their clients depending on how much they have spent at the store and this was basically a marketing strategy for Canadian Tire whereby the clients could use the Canadian Tire money to purchase merchandise at the store. Samantha was in charge for restocking the Canadian Tire money at all times. Every time Samantha restocked the Canadian Tire money she would always withdraw few dollars out for herself and make adjustments on the paperwork and she would go to the Canadian Tire Gas station and purchase gas for herself. She went
Canadian Tire’s positioning is adapting to the needs of customers and approaching new ideas. It’s also a very well know and establish organization in Canada.
Shipping goods through Detroit to the Port of Halifax provides the opportunity to use vacated industrial centers by repurposing these facilities for transshipment and manufacturing. Detroit as a transshipment hub provides a distribution system for goods to move to worldwide markets. Many manufacturers have failed due to a lack of an adequat...
in the last decade. Canadian exports to the U.S. grew by 21% in 1994 and are
Since employees are a reason for NBB success, employees are granted many benefits. Such as free catered lunch every month, after a year with the company are given a cruiser bike it that it allow to cut down on pollution. After 5 years earning an all expense paid trip to Belgium to “study beer culture.” (p.359) On top of all ...
In the early years of my life I became very class conscious, in that I was aware of my position in society, through observing materialistic markers amongst my peers (Brym and Lie 2012). My class consciousness led to my belief of being self-sufficient in social structures like wealth and education. In order to attain wealth, I asked my brother to help me get a job at Canadian Tire because he worked there. The experience of getting the job, from the interview three years ago up until now, have allowed me to analyze life from a functionalist’s perspective.
It seemed then that Ford and Firestone failed to meet its ethical obligations. That is, they didn’t report safety related defect information to government agencies and they also concealed important information related to vehicle safety from the public. As a result, the consumers suffered the consequences of their unethical conduct. Many people died because of the defect in these tires. In fact, these accidents would have not occurred if both companies have solved the problem immediately.
Asian Market- As more students are coming to Canada for their further studies and they have now opportunity to increase more flights to those areas so that they are never short of their flight and all people are able to book with them.
Many employees when looking for a job or deciding whether to stay with their current employment often considers the employee benefits the company offers.
“Career One Stop Pathways to Career Success.” NC Employment Security Commission. 2 Sep. 2009. Web. 18 Feb. 2010.
The final aspect of the CAGE framework is the economy. In 2013, Canada had an income per capita of $51,958.40. There is an inflation rate of about 1%. Canada exports about $458.7 billion a year. Some exported commodities include motor vehicles and parts, industrial machinery, crude petroleum, natural gas, and aluminum. Canada imports about $471 billion of goods and services a year. Some of the commodities that are imported are crude oil, chemicals, and durable consumer goods (World Bank,
Employee benefit means non-salary compensation furnish to workers in addition to their normal wages. This kind of benefits can include health insurance, life insurance, disability income protection, retirement benefits, daycare, tuition reimbursement, sick leave, vacation, and funding of education. Even though providing employee benefits are expensive, but it will keep highly qualified staff and also it will increase the number of new employees entering the company. Employees will become more creative and responsive in the design, timing and generosity of their benefit plans. The advantage for the employees of this benefit is it will improve the productivity of their work, they will be more effective because they are assured of security for themselves and their families (Hrcouncil,
They have proposed the option to do recalls that have been rejected on several different levels. California Air Resources Board did not accept Volkswagen’s plan to repair the vehicles. (Ramsey, 2015) California researched the plan and determined it was not cohesive enough nor did it have the necessary detailed to be put into place. Again, credibility comes into question; the employees were deceptive when encrypting the “defeat” code. The United States Environmental Protection Agency also agreed with California Air Resources Board that Volkswagen had not submitted an approvable recall plan to bring the vehicles into compliance and reduce pollution the structure of the recall plan is still being worked on by CARB and the EPA. (EPA,
Toyota issues in automotive industry resulted from a lack of moral and ethical obligations to loyal customers. In fact, people encounter ethics at one time or another. A business expectation is to act in manner upholding society values. According to authors Trevino and Nelson, (2004) states, “a set of moral principals or values, or the principals, norm, and standards of conduct governing a group or individual.” On the other hand, three ethical criteria determined in this discussion like obligation, moral ideas, and consequences which this article highlights an ethical dilemma with automobiles makers.