The business world has always been a very risky business. There is a lot to worry about no matter what position a person fulfills; everyone has some level of responsibility. The Gap Incorporated is a multinational specialty retail company (Gap Inc. 2014). The company was created by a Doris and Don Fisher (Joslin et. al. 2010). Don Fisher and his wife was a very wealthy couple, Don was a real estate developer (Joslin et. al. 2010). They decided to open up a clothing store when Don realized how popular
Accountability (SA) 8000, along with the company 's "Better Banana Project Principle of Fair Treatment and Good Conditions for Workers." Since countries like Latin America signify below the ethical measures as the standards found within the U.S., accommodating SA8000 standards enables Chiquita to raise the bar on food safety, which is important to prevent sickness, labor standards to support human rights, and employee health and safety for
Corporate Social Responsibility Corporate social responsibility is a concept that companies own social and environmental concerns in their business operations and in their interaction with their stakeholders. It is considered that the aim for CSR is to convert from philanthropic rationale to performance-driven task. It is also known as Corporate Responsibility, Corporate Citizenship, Responsible Business, Sustainable Responsible Business (SRB),Corporate Social Performance. It is also defined as
Colombia has come a long way in regards to their agriculture and their affiliations with Chiquita’s bananas and social and environmental standards. Today there exists fair trade to ensure ethically produced agriculture typically coming from developing countries, i.e. the banana. Blanca Rosa once declared, “For us Fairtrade means conserving and improving our land and looking after the environment, it means improving the air that we breathe... .” In order to abandon the old life Chiquita was affiliated
Today, outsourcing plays a central role in the functioning of the apparel industry. By manufacturing their products overseas instead of in the United States, apparel companies are able to lower the cost of production. They pay less in wages and avoid the heavy regulations of the U.S. As a result, they are able to lower the retail prices of their products while still making profit. Benefits from outsourcing are so apparent that they lead one to wonder why a company wouldn’t outsource production.