Wednesday, May 6, 2020

Immutable Laws of Corporate Reputation †Myassignmenthelp.Com

Questions: 1. Examine and critique an aspect of the companys performance with regards to fulfilling the needs within society.2. Analyse the companys current corporate image.3. Highlight both areas of achievement and those requiring improvements. Do not focus only the positive or negative aspects.4. Examine and discuss the impacts and implications of the companys action on society and stakeholders.5. Provide youre on balance recommendations conclusions about the companys performance in society. Answers: 1. Toyota Company puts huge emphases to reach out to the social needs and the values the importance of the community surrounding their operations. The giant corporation makes decisions that directly affect the community and adds to their social responsibility. Among the lead activities to promote their social awareness and responsibility is the employee engagement. The employees play a huge role in the development of an assessment that aims to cover the needs of the intermediate society. The functions that Toyota carries out in their self-termed social contribution entail the protection of the environment, the emphasis on traffic safety, education engagements as well as giving back to the society as a whole[1]. The processes seem to be a normal expectation to the common person referring to the profits that the car manufacturer makes and with the steady lead in the car manufacturing industry. As early as 2003, there was the development of the Community Spirit Program that focused on t he capacity building for non-profit members, offers eminent support for the business goals of all the involved parties, delivers benefits that would offer long-term sustainability and encourage employees and dealership. However, the program offered minute chances for the participation from the employees of the firm. 2011 saw the birth of the Toyota Community Foundation to combat the missing evaluation from the employees of the firm. The task of the appointed champions would to give input to what the community and social needs would entail to the manufacturing firm. The growth of the new foundation associated itself with disaster relief where there was a concrete connection to the matching donations from the employees. Moreover, there was an establishment of a community and employee fund that offered and still offer grants to the communities via partnerships with the local governments. The efforts get simplified and more diversified from the presence of fifty-two manufacturing plants in twenty-seven countries globally. Each plant in the diverse countries has tasks from the head offices to promote and deliver results of the social responsibility and facilitate social needs of the communities around them in their performance statuses. The company additionally offers employment to the people in regions where the firm establishes its manufacturing plants in efforts to create employment to the locals, and in a collective role with the local governments to increase the national income. Moreover, the firm announced a contribution towards sustainable development to boost its relations with the stakeholders. In August 2008, the move translated to the firms CSR policy. The policy traces efforts of contribution through sustainable development and takes into account the gradual environmental changes and the ever-increasing societal interests in the CSR. The specific input to the community has their commitment to respect the people by honouring the cultures, history, custom s and laws of each region the firm has an operational plant1. In addition, Toyota focuses on finding safer, superior, and cleaner methods that satisfy the needs of the specific society to provide sustainable mobility. Importantly, Toyota vows not to take any form of bribery from any individual or institution and adds to maintain their fair and honest relations with the governmental institutions and with the authorities governing the public. Their fulfilment of the social needs leads Toyota to spell out that they actively engage and promote the social contribution activities that reinforce societies and give continued support to enrich the societies. The fulfilment happens in collaboration with individuals and with partners. 2. The current representation from the corporate Toyota to the world is that of a customer first image. The firm puts emphasis on the needs of the customers, with common phrases and ads that deliver the same image. The events leading to a strong brand creation to put the customer is king[2] mantra dig to the events that lead to the death of four people as the accelerator pedal stuck in a floor mat. The accident occurring in 2009 saw Toyota recall 3.8 million vehicles on November 2 and 400,000 vehicles in a recall four weeks after the incident. The effects of the accidents damaged the then positive image for the customers. Subsequently, the negative attitude from customers rose to 22 percent and the positive regard from the consumers fell by five points to settle at 78 percent. The recalls were not over since on January 21, 2010; the gigantic corporation recalled over two million vehicles following complaints about the accelerator pedal sticking in the cars without floor mats. There w as an additional recall of other vehicles with an array of diversified faults. Following the recall and subsequent loss of trust from the consumers, the firm propelled a new motto Moving Forward in an attempt to push the new agenda and image of the fresh start and desire to communicate with the customers for a better future. The new motto also played a double role to revive the firm from the natural calamities in Japan and Taiwan at the period. A combination of smart pricing and intelligent artisanship works to create the new image for the customers, and the methods work due to the increase in the sales and growth of the firm over the past decade. Launching new models and running ads across mainstream media place the image of the firm at a new perspective to the eyes of the motor customers. Moreover, there was the establishment of the Toyota Marketing Japan Corporation and Toyota Motor Sales and Marketing Corporation dedicated to offering more efforts to advance genchi and genbutsu- and improve on the consumer based marketing engagements. In addition, the new extensions geared the strength to reform the operations of the sales and the development of the new models from the firm. Creation of ads to cover an extensive frequency of up to seven times in a year offering different ads for the various models changed the image completely to the current customer is king corporate image. 3. Toyotas Areas of Achievement The up trick in the manufacturing success of Toyota goes to the low prices of fuel, economies getting stronger and the huge customer demand for Toyota automobiles. Toyota manufactures over fourteen models in over twenty-five nations. Apart from the huge economic and financial growth of the firm, a huge milestone in the manufacturing industry lies within the provision of current technological and engineering discoveries that guarantee safety and promote efficiency. Toyota plays top leagues in promoting safety and promoting the efficiency. The invention of green cars, recalls inspecting and correcting major faults in the models, and the inclusion of safety procedures in all of the models acts as a leading milestone for the company. Apart from the engineering aspect Toyota pushed immensely and achieved the customer trust through the production of the numerous and correction of errors in the released car models. Toyota grew the image to form a positive image for their customers. Hence, t he growth in the customer demands the Toyota models all over the globe. A huge milestone and achievement from the gigantic firm are the increase in the viable ways that connect the firm dealers networks. The firm develops a special focus on manufacturing economical cars with a hinting range of the luxurious giants. Areas That Need Improvement I feel Toyota needs to take initiatives to reform the corporate culture. They need to revitalize the venture spirit through the direct reformation of the consciousness to align with the Global Vision[3]. The introduction of cars that meet the local needs in the ever-evolving markets should be a priority for the firm. Performing those tasks will improve the global market share by a ten percent sure increase from the gigantic car-manufacturing firm. In the innovation for the development of better basic performance cars, the firm should aim to synthesize the design and the planning process to produce better and simplistic performing cars. It is also a thought for Toyota to improve on the Six Sigma, the quality of the car, and offer less focus to the lean of the car, the focus on time3. The firm will benefit even more from the continuous upholding of their improvement culture in their car manufacturing DNA. The production of green cars and fuel-saving automobiles is a region that needs c onstant improvement in anticipation to the changing dynamics of the world supply of petroleum commodities. 4. The recognition that Toyota has to the importance of involving the stakeholders and the society leads them to put more and more emphasis on the creation of rules that govern their CSR operations. Among the impacts of the firm engaging in the society and having a healthy relationship with the stakeholders, is the strong and positive image of the firm in the communities. The day-to-day decision-making process has a variable input from the stakeholders and the society and in so doing; the firm meets and operates within the expectations of all the parties involved[4]. Additionally, the firm has an easy time following the compliance procedures set in the locations of the manufacturing industries. To such regards, Toyota does not expose itself to risks of penalties and fines, legal costs, potential closure of operations, loss of corporate reputation, or even less productivity due to frequent and subsequent inspections. The sustainability creates financial value to the firm through the s ystem of enhanced revenues and the lower costs of operating business from the integration with the society and their social needs. The revenues increase from the increased sales created by a god corporate reputation, and the low operation costs originate from the fewer processes improvements and a declined rate of fines and penalties. The increased moral obligation for Toyota acts as an obligation from their engagement with the society and their needs and with the inclusion of the stakeholders in the decision-making process. The corporate leadership of the Toyota firm increases their efforts in the mandate to protect the environment in the locations with their manufacturing facilities. Their obligation to protect the environment promises to control some pollutants to protect the community and the environment at a long short4. In so doing, the firm achieves two goals with one direct motive. Their moral standard and respect for the community surrounding their business ensure they prot ect the environment in their manufacturing process and at the same time provides a financial advantage from the sales of less-pollutant automobiles. Various stakeholders such as the customers have an open forum to engage with the company through the various response lines and social media outlets. The advantage that Toyota has over other motor manufacturing firms is the open channels to which the customers can contact the firm. Impacts include an improvement of the customer satisfaction activities and improved dissemination of information upon customer request. The relationship with the customer produces positive results in the creation of a positive brand and retaining the loyalty of the customers5. Engagements with the employees by having open channels where the employees can develop and express their creativity in the production and design of the automobiles places Toyota ahead in the processes that strengthen the labor management within the firm[5]. In addition, the open interac tion improves the workstations, improves on the working cultures, and promotes the evaluation and planning activities for the various labor categories of the leading car manufacturer. Relations with the business partners and the shareholders produce relations that are mutually beneficial based on mutual trust and improve the management of the firm by allowing open and quality dialogues respectively. 5. Toyota is on the path to global leadership in car manufacturing in the world. The current situation places Toyota as the leading firm that incorporates the opinion of the stakeholders in the daily decision-making process. As a result, the company maintains strong corporate societal responsibility procedures that look into the varied interests of the stakeholders. The current state of the firm is one that maintains a strong and effective corporate responsibility and one that maintains an emphasis on the business advantage to the global automobile market[6]. Conclusions of the activities of the activities of the company show that the macro-environment factors associated with the firm provide immense opportunities to the firm. Hence, the firm should put effort on development of products to grasp a hold of the available opportunities. Additionally, Toyota should upgrade on the operations of its business and improve the market presence to exploit the opportunities present. Improving on the measures and frequencies of technology and encouraging more innovation will combat the internal threats the firm faces from the widening wealth gap and the increased activities of cyber crimes on a global platform6. Moreover, the presence of stiff competition gives Toyota an opening to come up with innovative capabilities that will steer it ahead of the existing competition from rivalry car manufacturers[7]. The organization of culture and optimization of the structural functions of the firm is a recommendation to maximize the flexibility of the firm in the process of decision-making and the combined role of solving existing problems[8]. Bibliography Alsop R, The 18 Immutable Laws Of Corporate Reputation (Free Press 2014) Amasaka K, Science TQM, New Quality Management Principle (Bentham Science Publishers 2012) Ferguson E, 'Toyota PESTEL/PESTLE Analysis Recommendations - Panmore Institute' (Panmore Institute, 2015) https://panmore.com/toyota-pestel-pestle-analysis-recommendations accessed 23 May 2016 Japan In The Bluegrass (University Press of Kentucky 2001) The Global Achievement Gap (The Global Achievement Gap.) 'Toyota Global Site | Stakeholder Engagement' (www.toyota.co.jp, 2016) https://www.toyota-global.com/sustainability/society/stakeholder/ accessed 23 May 2016 Zokaei A, Creating A Lean And Green Business System Schermerhorn J, Management (John Wiley 2010)

Monday, May 4, 2020

Richard Wrights Black Boy free essay sample

Critical analysis of 1945 autobiography of early years of African-American. author. Richard Wrights book Black Boy is a non-fiction work which recounts the early life of the author, pointing out many of his formative influences as a young black man in the South at a time when racism was rampant. America at the time was a land of excess, with whites enjoying all the advantages while the blacks were relegated to poverty and were even then discriminated against as if they were taking something from white society. Wright absorbs this in an interesting way, beginning as a young man who did not see the difference between black and white and who had to be trained, as it were, to see the difference and to live it every day. He found that he had to behave in a certain way to survive, and yet in the long run he did not learn his lessons as well as did some others. We will write a custom essay sample on Richard Wrights Black Boy or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page A deep anger infuses his writing, and often it is directed as much at black society for

Tuesday, April 14, 2020

How to Write a College Essay?

How to Write a College Essay?When you get a Sample AP US History DBQ Essay it will be very useful in your writing. This worksheet is specially made for students who want to learn about the world history and its development from its beginning until now. In this way, students can know about the impact of different events on the society's progress of the country.There are various ways of learning about history. Students may read books that teach them about the important events in history. They may also research the history with the help of some sources in order to learn about the events that took place in the past.The Internet is a good source of information, especially if students have internet access at home. Since students have access to the internet they can easily find information about history. In addition, they can share their knowledge with others and talk about it with others.A Sample AP US History DBQ Essay is also available for students. These worksheets are specially designe d by the college or the high school teaching staff so that the students can find out what he or she needs to write the essay. It is very helpful for students who are writing the college essay as it will guide them in their approach and in writing the essay. For instance, the teaching staff has prepared different worksheets to check the facts and relate it to the essay.It is possible for the students to purchase the work sheets from the college or the high school. A student can buy these from the bookstore or from the internet. The teachers may also prepare the work sheets for the students on their own. Students need to find out which worksheet is suitable for them.Some of the worksheets can be downloaded from the internet and can be printed from your computer. Some of the free worksheets are available in the internet but they may not be suitable for students who are learning the composition skills. Students must be confident enough in writing an essay and use their creativity to pro duce impressive writing skills.It is very important for college students to learn how to write a college essay. It is not enough to read a book or watch a movie, students must have knowledge about how to use the work sheets. Reading the worksheet is not enough for the students, they must also learn how to use the different functions of the worksheet. They must be able to organize their thoughts and use proper grammar to write their college essay.Many of the college students are confused about using the various functions of the worksheet. Before writing their college essay, students must be aware of the different functions of the worksheet. In this way, students can be able to be confident in writing their college essay. In order to write a college essay effectively, students must have knowledge about the different functions of the worksheet.

Saturday, March 28, 2020

Business Environment Assignment Essay Example

Business Environment Assignment Paper Also known as business operations. Business sector: An area of the economy in which businesses share the same or a related product or service. Economies are comprised of four sectors. The primary sector involves the extraction and harvesting of natural products from the earth (e. G. , agriculture, mining and forestry). The secondary sector consists Of processing, manufacturing and construction. The tertiary sector provides services, such as retail sales, entertainment and financial services. The quaternary sector is made up of intellectual pursuits, like education. Business purpose: The purpose of the business is to fill a need. Money comes after. So, Basically Money is secondary. You should focus on a need to succeed the business. Filling that need with something that makes money will make the business grow and succeed. The difference between a profit and a non-profit business is that one aim for the business is to make money and an the opposite for the other Ownership of a business: Forms of business ownership vary by jurisdiction, but several common forms exist: Sole proprietorship: A sole proprietorship is owned by one person and operates for profit. We will write a custom essay sample on Business Environment Assignment specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Business Environment Assignment specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Business Environment Assignment specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The owner may operate the business alone or employ other people. Stakeholders: A key stakeholder is someone who can help your planning effort succeed or fail the person who has information you need, or other important resources for solving the problem ; access to money or legislative or regulatory fixes. Laid: Laid is a franchise company in the private sector, it is a private limited company because it was founded by two brothers named, Karl and Thee Albrecht. It is a global company which means that is has more than one location worldwide. The purpose of Laid is to supply high quality goods and offer an amazing service to their customers. The key stakeholders for this equines are, customers, employees, suppliers and owners. The ownership of Laid is Karl and Thee Albrecht, Thee Jar and Borehole Albrecht. Reference: http://en. Wisped. Org/wick/Laid INS is a national company which is owned by the government, it is a public limited company which means its government owned. This business is a non- profit business which means they do not aim to make a profit . Key stakeholders include: Commissioners Customers Collaborators Contributors Commentators Consumers Competitors The INS is in the tertiary sector because it is a service. Unit 1 Business Environment, Activity 1. PA-PA This task will describe the organizational structure of the two chosen businesses and explaining why that structure helps the business to fulfill its needs.. Purpose: The purpose of the business is to fulfill a need. Money comes after. So, Basically Money is secondary. You should focus on a need to succeed the business. Filling that need with something that makes money will make the business grow and succeed. Ownership organizational structure: Organizational structure refers to the way in which workers are arranged in a business. A hierarchy is an organization that is structured in layers. Those at he top of the hierarchy have more authority than those lower down. Strategic planning: Strategic planning is an organizations process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy. Laid (Ltd) Laid is organized by a divisional structure, their structure looks like this: This structure helps fulfill their needs because every member of staff knows where they stand in the business. Hardships School (PL) Hardships would be organized with a divisional Structure. The purpose of this is to see how each department is split up and you can easily find where each member of staff is. This task is going to be describing the influences of two contrasting economic environments on business activities within a selected organization. Imports and Exports Imports- goods or objects coming into a country Exports-goods or objects going to a different country Impact of the economic environment: Economic environment refers to all of the factors that affect the behavior of businesses and consumers. The rate of growth of the economy, the level of employment changes in the level of prices or the cost of borrowing can have a significant influence on demand for products and therefore the level of reduction. Inflation The rate of inflation measures to the annual increase in the average level of prices within the economy. An annual fall in the average price lead is referred to as deflation. Rising levels of inflation can cause a number of problems for businesses Reduced profit levels if firms are unable to pass on increasing costs of materials and power by increasing the prices they charge to their own customers perhaps because they operate in fiercely competitive markets. How businesses are affected by government policy Governments create the rules and frameworks in which businesses are able o compete against each other. From time to time the government will change these rules and frameworks forcing businesses to change the way they operate. Business is thus keenly affected by government policy. Changes in GAP and in demand in economies studied. Economic growth is important if businesses are to grow and prosper. It relates to growth in the output of the economy as a whole. Growth is measured as the change in the gross domestic product (GAP) of a country over one year. For comparisons over time this figure must be adjusted to allow for inflation and the resulting value is called real growth. KEF In England and China: The chief of kef in the I-J and Ireland has revealed plans to create 9000 as recession hit British consumers opt for cheaper ways of eating out. Reference: http://www. Telegraph. Co. UK/finance/newsworthy/ retail and consumer/4733058/Recession-finger-licking-good-for-CIFS-UK-chief- Martin-Shaker. HTML The chain of fried chicken stores, which currently employs about 20,000 people in its 760 British stores, said it was making an investment of up to mm in an expansion drive that will see it open between 200 and 300 restaurants in the next three to five years. Reference: http:// www. Independent. Co. UK/news/UK/home-news/fasted-nation-kef-bucks- trend-with-9000-new-jobs-1623799. HTML KEF china: After six months of labor negotiations, KEF China raised minimum monthly wages to approximately $0. 82 hourly, it doesnt seem much but it is nearly a 30% rise KEF accounted for 40% of Chinas fast food market across almost 4,000 restaurants, and there were another 16,000 planned. The chain had localized the menu sufficiently to appeal to the Chinese palate, but kept the restaurants American enough, giving diners an affordable way to live the Western dream. Cuffs sales in China crashed 36% in April. Some of it was due to Bird Flu fears, but sales were falling before the news of HON.. Broke. The discovery of excessive levels of antibiotics in KEF chickens had already harmed the brands image of a good safe meal and the novelty factor of KEF was also wearing off for many of Chinas consumers, especially those in the big cities. Reference: http://skyjackings. Com/blob/china-fast-food-fast- changes PA This task will be describing the political, legal and social factors impacting on business activities of my two selected organizations and their stakeholders. LAID And INS) LAID: Political factors- Laid, short for Albrecht Discount, operating in a globalizes environment with stores all around the UK. It is a German multinational headquartered in Essen (reference). Hence Lids performance is highly influenced by the political and legislative conditions of these countries, including the EX.. Legal factors-The UK market is highly regulated which makes market entry for Multi-national difficult. European commission has made displaying nutrition facts of eatable products mandatory for retails industry. EX. Wide standards will help consumers to a more balanced diet. Most companies already show nutrition facts on their products. Government legislations and policies have a direct impact on the performance of Laid. Social Factors- Auks population is shrinking and aging. Impact of population shrinking on UK could lead to shortage of labor in the market place and rising expenses in services like medical services, education services. Eventually government will have to cut down on benefits and pension, or increase tax to provide to pay higher contributions and health insurance. The trend of rising expenses is affecting Auks shoppers buying behavior, and effecting their nature and forcing them to compromising on quality. INS: Political factors- Although all the major political parties pledged to protect the INS from spending cuts, after a period of unprecedented growth there is the prospect of a three-year real-terms funding freeze, or close to it. This would be the most austere period for the INS in over thirty years. Legal factors- When the coalition came to power, they said they would protect the INS budget. They did, but only just. Funding in England is rising by O. 1% a year during this parliament. The situation is little better elsewhere in the UK. That is the longest period of flat growth in the history of the INS and for a service that is used to average rises of about 4% a year it feels much more like a cut. Social factors- many large supermarkets are selling cheap fast food and alcohol which effects peoples health, which means more people need treatments so the more people needing treatment the more people are going to be waiting to get treated, which leaves people feeling annoyed and because INS is seen as a Provider of health care people start blaming their health problems on INS which gives them a bad reputation.

Saturday, March 7, 2020

Steam Engine 2 essays

Steam Engine 2 essays The steam engine was invented by Thomas Newcomen in 17121. It was a very important invention and helped give way to the Industrial Revolution. It was very useful invention of his time. Many people like James Watt and Richard Trevithick used the atmospheric steam engine to produce more sophisticated inventions. Thomas Newcomen was a very important inventor. He was born in 1663 in Britain. He worked as a blacksmith until he worked with Thomas Savery, who had already tried to make a steam engine but couldnt do it. Thomas Newcomen invented the first working steam engine in 1712 with the help of Savery. At first the steam engine wasn't very popular, later the steam engine was considered the centurys most important invention when used in mines. Thomas Newcomen also made tools for coal miners and often visited mines, this is how he knew the needs of miners2. The first steam engine was used to work at a South Stafforshire colliery3. Most of the early engines produced the steam by using coal. This is why steam engines were installed in coal mines where coal was free. Even though Thomas Newcomen actual invented the first steam engine, James Watt is usually known for making it4. Watts engine was much more efficient than Newcomens because it prevented the loss of steam. Watt started out repairing Newcomens engines, and then began making major improvements to it. James Watts engines were much larger than Newcomens with a larger cylinder which pumped more water out of mines5. His engines were designed with a rotating shaft and a flywheel which was more sufficient. Later he further improved his engines by adding another condenser and cylinders. He also added throttle controls on his engine to control the rate that the engine pumped water. Without Watt's study in the field of mechanics, the steam engine might not have been made, and the industrial...

Wednesday, February 19, 2020

Reflective paper on Baldridge principles, organizational issues, Assignment

Reflective paper on Baldridge principles, organizational issues, personal and organizational learning - Assignment Example The Baldridge criteria are a results oriented and proven management techniques that feature on the characteristics of organizations that do very well. Whether in the education sector, healthcare, security or business organizations, the Baldridge process importantly helps ensure that organizations that use this model are kept accountable, are managed in a sustainable manner, are properly aligned, improved, rewarded, recognized, while also immensely helping with the organization’s recruitment endeavors. In truth, there are a myriad of different approaches of organizational and personal improvement and management, but the Baldridge criteria stands solidly apart. For one, unlike other approaches, this process offers an improvement framework that is non-prescriptive. Additionally, the techniques are all-inclusive and integrated, addressing all the factors involved within the organization, its workings and outcomes. Moreover, the brilliance of the process resides in its focus on common needs of the set-up, rather than on benign aspects such as techniques, tools and procedures. The technique addresses the desires of all the stakeh olders in an organization and is essentially adaptable and accommodative to various organizational and personal practices and needs. The criteria of the Baldridge allow for organizations to conduct self-assessment and gives insightful feedback to users. The criteria also assist in enhancing the performance capabilities, practices and results while further facilitating proper communication methods/ techniques within the organization. Not only do the Baldridge criteria focus on improving the organization, but it also focuses on personal (individual) learning within these settings of application. This is significantly contributed by its core values and concepts which strongly advocate for visionary leadership (that demands the setting of proper examples from leaders so that ethical behavior, values and expectation are reinforced even as

Tuesday, February 4, 2020

Business Morals and Social Responsibilities Essay

Business Morals and Social Responsibilities - Essay Example Business organizations through the code of ethics benefit in enhancing their reputation and winning the trust of its clients. For instance, Nike’s code of ethics has assisted the organization to regains its reputation that was ruined by activities carried out by its contractors in Asia. However, like in the case of Nike, the code of ethics may influence the profits of business organizations. For instance, Nike developed its code of ethics following criticism over the unethical activities carried out by their contractors in Asia. The contractors unethically used labor from the poor communities in Asia to, cheaply, produce products for Nike. Nike’s high profits came from utilizing these activities that were orchestrated by their contractors in Asian countries (The Blake project 2008). Since the creation of the code of ethics, Nike’s profit reduced since they have to observe and adhere to the contents of that code of ethics. Society’s expectation for corporat e social responsibility may only change for the better. Corporate social responsibility affects the business’ profitability in a great manner. For instance, Nike’s major corporate social responsibility is to produce quality footwear for its customers. Compromising the quality of its products will lead to great losses and tarnishing the image of the company (Kidd 2008). It also has a social responsibility to produce its products without harming the eco-system. It is evident how business organizations work towards achieving their corporate social responsibilities. For instance, Nike has developed Nike environmental design tool to produce products with higher sustainability standards (Nikebiz).