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Mission statement essay
My mission statement essay
Mission statement breakdown
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The case study written by Stanwick and Stanwick, (2016), Greyston Bakery: The Zen of Philanthropy, is an example of a successful social enterprise that has stayed true to its mission, continues to grow, is profitable, and puts the profits back into society. Greyston Bakery, owned by the Greyston Foundation, was established by former aerospace engineer turned Zen Buddhist priest, Bernard Glassman. From its inception, the business’s mission has been to produce a high-quality product, provide a sustainable living, and being committed to community renewal and personal transformation (Stanwick & Stanwick, 2016). Glassman infused into to the business a Buddhist perspective that everything is interconnected and is demonstrated by the Greyston Foundation …show more content…
The strategic focus, decision making process, and actions of Greyston Bakery and the Greyston Foundation suggest a deep belief in Kant’s theory of universal free will. A deontological framework, Kant state that individuals should treat each other how they would want to be treated, not to see individuals as a means to an end, and their actions should be based on that duty in determining what is morally right from wrong (Stanwick & Stanwick, 2016). Glassman stepped down as president of the company in 1997 (Leipziger, 2016). Glassman’s successors have continued operate the business based on the same fundamental social principles the company was founded on. Greyston Bakery produces approximately four million pounds of brownies and cookies annually for customers such as Ben & Jerry’s and Whole Foods and reported $13.4 million dollars in sales in 2015 (Anderson, 2015). In 2012, Mike Brady signed on as CEO and President, being personally passionate about using business to solve social issues, pushed to register the company as a Benefit Corporation (Cox, 2015). A Benefit Corporation or B-Corp is a type of for profit business entity that is held to higher standards of accountability and transparency,
Buddhism is considered as one of the leading religions throughout the world today. In order for a Buddhist to follow the religion, there are certain set of guidelines that one has to follow to gain a better life, but most people have other factors that they have to face along this path. The story, “The Journey of One Buddhist Nun” by Sid Brown, is an account of a Thai woman, Maechi Wabi, who entered a spiritual life along with life struggles and outside influences. According to Brown, Wabi faced many challenges along the way to liberation and two challenges she faced most are the gender and socioeconomic issues which she overcame during her spiritual journey.
This essay is an ethnographic study of Whole Foods Market which is located in Kensington, London. Whole Foods Market is a niche supermarket that sells high quality organic and natural products at high prices. In this essay, I will provide a brief orientation of ethics with regards to the concepts of Corporate Social Responsibility - macroethics and Business Ethics - microethics and the theoretical frameworks of consequentialism, deontology and virtue ethics. I will be using deontology framework in ethics devised by Immanuel Kant to assess if the marketing strategy and the products sold at Whole Foods Market support their principle of ‘organic and natural’.
From the point of view of Kantian ethics the strategy of Starbucks in the case of its legal persecution of the Charbucks brand is not a rightful approach. Kantian ethics implies that in any case concerned people have to be treated as human beings and not like the objects. In the actions of Starbucks there is a clear pattern of not considering the human factor in their legal case against the Black Bear. The ethical approach of Utilitarianism does not justify the actions of Starbucks Company either. This ethics views each action from the position of the co...
There are many different factors which affect the way companies operate and the policies they adopt. This essay will investigate and outline some of the different social, cultural and ethical issues which are relevant to Tesco Plc’s operation. This essay will begin by investigating into social attitudes of the customers and also the social trends of customers which affect the company’s social policies. It will explain why there was or is a problem, how it could be solved by adopting a particular policy. It will then investigate into cultural tastes and preferences of the customers, as well as the low unemployment of UK culture which affect the company’s cultural policies. It will explain why these cause cultural issues and suggest polices which provide a solution. Finally it will analyse the waste creation and disposal of the company and also their farming supplies which are two ethical problems the company has faced and explain the policies that were used to solve the problems.
Immanuel Kant is a popular modern day philosopher. He was a modest and humble man of his time. He never left his hometown, never married and never strayed from his schedule. Kant may come off as boring, while he was an introvert but he had a great amount to offer. His thoughts and concepts from the 1700s are still observed today. His most recognized work is from the Groundwork of the Metaphysics of Morals. Here Kant expresses his idea of ‘The Good Will’ and the ‘Categorical Imperative’.
New Belgium Brewing, a small business based in Colorado and founded by Jeff Lebesch, was motivated while on a biking trip through Belgium. The case states “the company places great importance on the ethical culture of the brand.” (p.357) Furthermore, explain that, what a company says and does must be synchronized. New Belgium Brewing knew their core values and beliefs before the company was established.
Forty-three years ago, Milton Friedman’s famous article, “The Social Responsibility of Business Is to Increase Its Profits”, was posted on The New York Times Magazine. The main argument of his writing is well summed in its title. Friedman’s viewpoint, “there is one and only one social responsibility of business-to use its resources and engage in activities designed to increase its profits …” (M. Freidman, 1973), has been the orthodox view in modern business world. Nevertheless, John Mackey, the co-founder and CEO of the world’s largest natural and organic supermarket---- Whole Foods Market, publicly disagreed with Friedman. He claims that “the enlightened corporation should try to create value for all of its constituencies” (J. Mackey, 2005). Mackey started Whole Foods Market thirty-four years ago. His philosophy, “create value for all its stakeholders” (J. Mackey, 2005), rooted the base of the business.
Demand for Panera franchising opportunities was very high, which allowed Panera to be picky about where and with whom they would do business. Panera determined where bakery-café locations could be. The franchisees bore the cost of opening new locations, and were required to obtain their ingredients from the home company. Expansion using the franchise model provided many upside benefits for Panera, while limiting the downside r...
Krispy Kreme Case Study Question 1. The chief element of Krispy Kreme's strategy is to deliver a better doughnut and to appeal to customers in new ways. They have taken great steps to insure customer satisfaction from the use of their proprietary flour recipe to their automated doughnut making machines. They have chosen to target mainly markets with 100,000 households. They also were exploring smaller-sized stores for secondary markets.
Debbie M. Thorne (2010). Business and Society: A Strategic Approach to Social Responsibility and Ethics.
Kantians believe that we should avoid treating others as mere means.(877) In other words we should not make false promises, physically force a person to do what we want, use threats, or take advantage of someone’s desperate situation and make unjust offers.(877-878) These are examples of treating people as mere means because these people will not have the opportunity to make a reasonable choice for themselves. Either because they don’t have the complete information, their wellbeing is on the line, or simply because there is no just offer on the table. We are also to treat others as an end in themselves(878), meaning that we have to respect their autonomy, and their freedom to make choices for themselves. But according to O’Neil it’s not enough to treat others as an end in themselves. In her duty of beneficence she argues that we cannot treat others as end in themselves if they have limited rationality or autonomy (878-879). She derives her idea from Kant’s idea of imperfect duty which aims to promote helping others to reach their potential.(). Therefor based on these principles it makes sense for us to help reduce world famine, because the people affected by this issues are very venerable, and their autonomy is undermined. The only way to ensure that they are treated as rational human beings is if we helped them. It’s important to
This case examines issues of asset control for Ben & Jerry’s Homemade, Inc., in light of the outstanding takeover offers by Chartwell Investments, Dreyer‘s Grand, Unilever, and Meadowbrook Lane Capital in January 2000.
The main challenge is to determine how Panera Bread can continue to achieve high growth rates in the future. Panera Bread is operating in an extremely high competitive restaurant market which forces the company to improve and to grow steadily for staying profitable. The company’s mission statement of putting “a loaf of bread in every arm” is just underlying Panera’s commitment for growing. They are now in a good financial situation and facing growth rates of up to 20% per year in a niche market that has a great growth potential. In the next 7 years the fast-casual market is expected to grow by 500% in sales to a total of $30 billion.
The business operation of B.Bakery is to make delectable breads and pastries for their customers and providing quality product so that they relish it. It is a family owned company and employs around 90 employees in their company and its revenue incremented to around more than $13 million in a year. The firm additionally supplied sweets and bread to different number of business which includes pub chains and supermarkets . The operation of the company includes the processes such as design, orchestrating, strategy and control of the performance of the company . The steps execute for the development of the company and evaluating the productivity of the organization in order to achieve there goals in the market. The most consequential business processes of the firm is the accumulation, evaluation and processing of the data. The implementation of the accounting information system will avail to manage the accounts and abstracting risk of lost data and information.
The increased emphasis on emerging imperatives in business, like ethics, social responsibility and sustainability, are in their essence, a cry for moral ideals, although not altogether divorced of selfishness. But eventually, if genuinely applied, it may lead the corporate world to a quantum leap in evolution to a higher level of consciousness, which in the long-term will have its corresponding positive impact on the bottom-line. It will also lead to a transformation of society, where business and service can collaborate to make life better, particularly for the marginalised. However, an idea becomes an ideal if people can be convinced about the desirable