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The management of multinational corporations
The management of multinational corporations
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Corporate Social Responsibility in the Global Food and Drink Industry Oxfam’s “Behind the Brands” scorecard examines the top ten global food and drink companies and assesses their environmental social practices. The rankings are based primarily on public information, such as reports available on the company websites and comments and complaints people post on social networks – known as “shaming and naming.” Between the first and second years of the report, nine of the ten companies improved their scores, including Nestle, Coca-Cola, Pepsi, Mars, and Kellogg’s. Nestle, for example, is cited for its focus on climate change and water; Coca-Cola’s emphasis is on women’s rights. If you were part of a corporate team charged with formulating short-and …show more content…
Especially the company with the lowest score – just 13 out of 70 – was ABF. Thus, I, imagine myself as one member of ABF’s publicity team, am eager to give some suggestions responding to Oxfam’s criticism. One of the problem for the companies which fail to achieve a high score, especially for ABF, is the failure towards the transparency of the supply chain and logistics. Critics argued that although most of the top ten global food and drink companies have been doing well in permitting basic rights and needs for their employees in headquarters, it fails to incorporate the sub-branches which are the fundamental parts of the company. Thus, to dealing with such kinds of negative influences in the short run, those companies should take actions, as soon as possible, reducing the negative impacts to the lowest possible level, to declare in different platforms, including press, social media etc. Brand name is the factor that of vital significance to food companies in today’s increasing competitive …show more content…
ABF should step out and do one more step further. In fact, research indicated that, for instance, not a few company in “Big Tan” has set a target to cut down on total water use–a key first step in water conservation. Four companies, including Unilever, General Mills, Nestle, and Danone, have all made small improvements in the way they treat farmers, none are making huge strides in cutting down on production risk and ensuring that farmers receive a living wage. As a huge company wants to stand out by the others, ABF should implement adequate rules and dedicate both human resources and capital into this action, engaging beyond its
Companies nowadays are using different and strong methods in marketing their food products. The Companies are very competitive, and the results can affect the people. When we think about this job field, it is convincing that those producers should use cleverly ways to gain their own living. In the other side they shouldn’t use misleading ways that could harm the people. Food companies should be straightforward with every marketing method they use. People have the right to know what they are consuming and also to know the effects of these products on them, whether it is harmful, useful, or even neutral.
In the second part will be discussing and explain the points of view of different stakeholder seeking to influence the aims and objectives of two contrasting organisations which are Tesco and Oxfam. This report also will show what relationship the business
In today’s society is it becoming increasingly more difficult for companies to stay competitive in their industry. Even established brands eventually die out due to growing competition from other companies. Corporations are having a difficult time figuring out a strategy that keeps them at the top of their game. Recently, there has been an increased interest in the strategic value of CSR (Corporate Social Responsibility). Corporate advertising is changing dramatically, appealing to consumer’s ethos using the causes that matter most in their lives. It is important for consumers to understand the manipulation that comes along with the CSR strategy. Skepticism about companies’ goals is crucial when making the right consumer decisions. Understanding CSR will help the consumer evaluate the affects of their consumption choices.
New Balance is privately owned company, which is the second largest footwear manufacture in the United States and the fourth largest footwear manufacture in the world with annual sales in 2008 of $1.61 billion (Veleva, 2010).
For decades, consumers have demonstrated an increasing concern that several businesses have little to no concern for them, their well-being, and the degenerating social order. For this reason, it is essential for businesses to try to avoid endangering or exploiting consumers and focus on creating an excelling society. Fortunately, Corporate Social Responsibility (CSR) is a valuable structure that can be utilized to manage and enhance customer relationships, as well as improve and protect the welfare of society as a whole in a more organized and effective manner (Hartman, Des Jardins, & MacDonald, 2014). In essence, corporate social responsibility can provide organizations the opportunity to maximize its positive impact while minimizing its negative impact on society (Des Jardins, 2008). Given the importance of being socially responsible, one will elaborate on the Pelman v. McDonald’s case. To include, discuss whether McDonald’s restaurant should be criticized for selling unhealthy products and for their deceptive advertisings.
Cola Wars Environmental Analysis 1. Introduction External environmental analysis of US carbonated soft drink (CSD) industry allows concluding that declining CSD sales call for changes in industry operations whereby market players can benefit from the fundamental shift in the industry development and maintain its leadership positions in beverage market. Analyses of macrolevel, industry, and competitive environments suggest that expansion, strong brand recognition, and changes in value chain will be key success factors in the future industry development. 2. What is the difference between a.. External environmental analysis a. Macrolevel environment (PESTEL analysis) i. Political New federal nutrition guidelines identified CSD as the largest source of obesity-causing sugars in the American diet.
In recent years, companies are becoming socially responsible and now stakeholders almost expect a company to have CSR policies. Therefore, in twentieth century, corporate social responsibility (CSR) became an important development in public life (Barnett, ND).Corporate social responsibility is defined as “the ways in which an organisation exceeds the minimum obligations to stakeholders specified through regulation and corporate governance” (Johnson, Schools and Whittington, N.D cited in March, 2012). Stakeholders can be defined as “those individuals or groups who depend on the organisation to fulfil their own goals and on whom, in turn, the organisation depends” (Johnson, Schools and Whittington, N.D cited in March, 2012). There are many purposes for this essay, the first purpose is to descried the key principles of corporate social responsibility and explain their importance for stakeholders. Secondly, is to show how far this company follows those principles in order to be accountable to at least three of its stakeholders. In this essay, three stakeholders, environment, customers and employees will be evaluated respectively and the key principles of the stakeholders will be examined.
Social responsibility is an ethical basis for organizations; they are required to act for the benefit of humanity in general. It is a responsibility that all individuals have to do to keep a sense of balance between the economy and every ecological system. This obligation can be passive, by evading involvement in socially harmful acts, or active, by doings things that directly advance social goals. In evaluating Company Q’s approach regarding social responsibility I can conclude that it isn’t responsible at all. Company Q is an undersized native grocery store in a major residential zone.
· Increased intensity of competition- from other global food and household brands with similar product portfolio’s and between brand name products and private label in house products
The social responsibility activities of PepsiCo emphasizes on sustainable agriculture, water use efficiency, alternative sources of energy, packaging, wasting, and recycling. The company is also promoting a healthy lifestyle with product like whole grain snack and vitamin beverage. PepsiCo makes sustainability an innate part of their company culture to improve their business strategy and gain competitive advantage. According to Triple Pundit website, PepsiCo reached two years early its 2015 goal of delivering potable water. The sustainability report shows PepsiCo’s effort to nourish customers with healthy products. By going green, companies like PepsiCo have been able to adapt to the expectation of the toda...
As CSR emerges, perhaps the pharmaceuticals will truly begin to prepare comprehensive reports and measure their impact on society and the earth. The companies are using its CSR activities as a tool to enhance its corporate brand value and reputation. This shift not only provides a platform to display effort that reacts to societal expectations and takes initiatives that is most fruitful for the
The arguments for and against corporate social responsibility have captured two points of view. Those who believe that organizations should not be concerned about social responsibility base many of their arguments on the costs involved and whether organizations should shoulder those costs on behalf of society. And those who are in favor feel that organizations benefit from society and, therefore, have an obligation to improve it. Although there is no universal agreement, surveys and other reports express that many organizations are, becoming increasingly active in addressing social
CSR is one of most important parts of every company. Acting as socially responsible is must for winning the race of competition. In this report, in the 1st part I tried to show a brief about CSR, its history and how people respond towards CSR. Then I have chosen Unilever, a famous FMCG company for the analysis. Then I tried to find out the CSR activities of Unilever all over the world, its corporate strategy and the contribution of CSR activities to corporate strategy. In the last part a SWOT analysis and some recommendations are given for more clarifications. I hope that this report will be able to give a clear view about CSR and its contribution to corporate strategy.
Business organizations regularly run into demands from various stakeholders groups when conducting day-to-day business. These demands are generated from employees, customers, suppliers, community groups, governments, and shareholders. Thus, according to Goodpaster, any person or group of people that can shape or can be shaped by attainment of the objectives by an organization is considered a stakeholder. Most business organizations recognize and understand their responsibilities to these groups and endeavor to honor and fulfill them. These responsibilities are often communicated to the public by a statement of principles or beliefs. For many business organizations, corporate social responsibility (CSR) has become an essential and integral part of their business. Thus, this paper discusses the two CSR views: the classical view and the stakeholder view. Furthermore, I believe that the stakeholder view has brought ethical concerns to the forefront of businesses, and an argument shall be made that businesses would improve both socially and economically if CSR, guided by God’s love, was integrated into their strategic planning.
During the past 12 weeks of learning this module, I have discovered and learnt so much about myself that I have never known up until now. I have always been a shy team member who just kept themselves to themselves and simply got on with the job at hand. This may be due to me having a stronger preference for working or studying in an organised and systematic way. As part of the module, we had to take part in an Oxfam Fundraising event that saw groups made up of four to five team members come up with a product or service in which they could sell to raise money for Oxfam. Although I have studied Events Management and have run many events beforehand, I was immediately apprehensive when I heard about the exercise. Instead of shying away from the experience, I choose to place myself in a situation that would be challenging for myself and would help to develop me as an individual. I choose to undertake the role of the leader within the group as well as the plant who generated ideas. This meant I had to delegate work loads, chair meetings, express my own opinions and thoughts, motivate other...