sustainability and the Triple Bottom Line of the corporations Wal-Mart and Starbucks. By analyzing the key differences not only in their values‚ but the application of their stated values‚ they can then be judged as to the superiority of their systemic approaches to sustainability. In the case of these two companies‚ ethics are the most notable difference‚ which causes Wal-Mart to experience a myriad of dilemmas that Starbucks doesn’t. This key difference is important because “nearly any dilemma an
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Business Models: Walmart vs. Starbucks Introduction Sustainability has become a great topic of interest in many arenas. Particularly‚ leading organizations are recognizing sustainability needs to be an essential aspect of their long term strategies. With this recognition‚ better business practices are being sought by investors as well as sustainability is becoming a driving force for better efficiencies and innovation. Two organizations‚ Wal-Mart and
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Evaluating CSR of Walmart Walmart founded by Sam Walton in 1962 is a multinational retail corporation‚ with the opening of the first Walmart discount store in Rogers‚ Arkansas (US). As the nation’s largest retailer and second largest corporation‚ Walmart has the significant influences on the retail world. It offers to its customers a one-stop shopping experience because it has a full offering of groceries and general merchandise in a single store. Now Walmart consists of over 110‚000 stores and
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john sullivan subject: analysis on wal-mart’s csr initiaves date: 9/25/13 I. Introduction: This memo is in response to your request to assess the impact of corporate social responsibility implement by our competitor‚ Wal-Mart. Three main objectives of this analysis are: 1. How does Wal-Mart perceive itself as a socially responsible company? 2. Which contradictions exist in their CSR initiatives? 3. Are there direct correlations between CSR and consumer’s intent to make a purchase? II
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Starbucks Corporate Citizens of the World There is currently a robust and ongoing debate about whether a companies‚ especially a publicly traded companies‚ only goal should be profit. Making money for the shareholders used to be what business was about. Now‚ more and more people are starting to believe that companies should pay more attention to social and environmental concerns that effect not just the shareholders‚ but the stakeholders and even society as a whole. The practice of
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Starbucks Corporate Social Responsibility Corporate Social Responsibility (CSR) is the notion that business companies have obligations to society beyond their economic obligations. In a way‚ CSR is the company’s way of giving back to society and a way of being aware about the condition of the society and the environment. CSR is about how companies make profit‚ not how they spend them. It does not entail that the company should donate to charities or that they should use their profit on organizations
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References: 2) Bentham‚ J.‚ & Stuart Mill‚ M. (1789). Utilitarianism. Retrieved from http://www.philosophypages.com/hy/5q.htm 3) Carroll‚ A.‚ & Buchholtz‚ A 4) CBS. (2012‚ Oct 10). Walmart worker strikes spread across the country. CBS news. Retrieved from http://www.cbsnews.com/8301-505125_162-57530082/walmart-worker-strikes-spread-across-the-country/ 5) Duke‚ M 6) Frederick‚ R. (1999). A companion to business ethics. (1st ed.‚ Vol. 01‚ pp. 145-146). Malden : Blackwell publishers. 7) Goudreau
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Starbucks Corporate Social Responsibility By: Allisen Brennan September 2012 Table of Contents Non Discriminatory Hiring‚ Promotion‚ & Retention Practices 3 Accessibility 3 Environmental Issues 3 Recycling 3 Green Stores 4 Energy & Water Consumption 4 Customer Relationships 4 Community Service & Investments 4 Youth Action 5 Supplier Relationships 5 Farmer Support 5 Coffee and Tea Growing Communities 5 Non Discriminatory Hiring‚ Promotion
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Issue Two: Starbucks vs. Ethiopia In March 2005‚ Ethiopia filed applications with the U.S. Patent and Trademark Office (USPTO) to trademark its coffee names‚ Harar‚ Sidamo‚ and Yirgacheffe‚ which are three coffee regions in the country. The Ethiopian government had hoped that by forcing coffee buyers into licensing agreements would lead to coffee farmers gaining more control over its coffee trade and earn a bigger slice of the pie by receiving a higher percentage of earnings from the retail price
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CSR ISSUES IN WALMART Ethical sourcing Walmart claims that its mission is centered on helping people live better which not only applies to customers and associates‚ but also to the workers who make their products. Furthermore‚ all the products that Walmart offers to its customers are supposedly verified whether they are produced with dignity and respect for workers. In order to be accepted as Walmart’s supplier there are standards and obligations expected from suppliers. Following section
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