AQA BUSS 4 - Corporate Culture Discussion

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Body Shop: Anita Reddick was the leader. No animal testing on products. After Reddick’s death, the Body Shop has been taken over by l'oreal. She started the business from scratch. Extremely ethical. L'oreal claim to have no effect in the production.

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Apple: Apple is an iconic global brand which can enjoyed growth in revenues and profits despite some well-publicised problems with working conditions at it’s main suppliers in China. FoxConn is Apple’s supplier who exploit their workers. Numerous child workers under the age of 16, they mare made to work long hour (60 Hours a week), unpaid overtime, workers not given one days rest per seven day week. Numerous suicides by workers jumping out of factory windows, nets have been fitted to avoid future deaths. However, despite all of this, profits have not been affected and they continue to rise. Apple’s investors are not concerned as long as there is a growth in their shareholder value.

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Primark: Primark was the main target of the Panorama documentary on working conditions in Bangladesh. Primark had to fire some of their suppliers for using child labour. Although customers were aware of this, they continued to purchase products from Primark and throughout this Primark continued to make large profits. Do people care about where and how their products are made?

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M&S: M&S Plan A launched in 2007, has 180 commitments to achieve by 2015 if it is to become the world’s most sustainable major retailor. Cutting costs through packaging reductions, recycling clothes hangers and using less fuel, the saving have outweighed any investments M&S made in Plan A projects. CSR and being ethical proved to be profitable.

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Co-Op: Cooporative Group’s “Join the Revolution” (Early 2011). Their owners are their members, not a PLC. High fair trade available in shops. Healier choices will be offered at the same price. The Cooporative bank will increase its lending to the development of renewable energy resources.

•

Body Shop: Anita Reddick was the leader. No animal testing on products. After Reddick’s death, the Body Shop has been taken over by l'oreal. She started the business from scratch. Extremely ethical. L'oreal claim to have no effect in the production.

•

Apple: Apple is an iconic global brand which can enjoyed growth in revenues and profits despite some well-publicised problems with working conditions at it’s main suppliers in China. FoxConn is Apple’s supplier who exploit their workers. Numerous child workers under the age of 16, they mare made to work long hour (60 Hours a week), unpaid overtime, workers not given one days rest per seven day week. Numerous suicides by workers jumping out of factory windows, nets have been fitted to avoid future deaths. However, despite all of this, profits have not been affected and they continue to rise. Apple’s investors are not concerned as long as there is a growth in their shareholder value.

•

Primark: Primark was the main target of the Panorama documentary on working conditions in Bangladesh. Primark had to fire some of their suppliers for using child labour. Although customers were aware of this, they continued to purchase products from Primark and throughout this Primark continued to make large profits. Do people care about where and how their products are made?

•

M&S: M&S Plan A launched in 2007, has 180 commitments to achieve by 2015 if it is to become the world’s most sustainable major retailor. Cutting costs through packaging reductions, recycling clothes hangers and using less fuel, the saving have outweighed any investments M&S made in Plan A projects. CSR and being ethical proved to be profitable.

•

Co-Op: Cooporative Group’s “Join the Revolution” (Early 2011). Their owners are their members, not a PLC. High fair trade available in shops. Healier choices will be offered at the same price. The Cooporative bank will increase its lending to the development of renewable energy resources.