AQA A-level Business 7132 - Paper 3 - 07th June 2019Watch
Does anyone think that when it asked if mike was a good leader, talking about Ellington’s triple bottom line of people planet and profit is a good way of saying he is effect and carols CSR pyramid as saying he isn’t effective as he was concentrating on social and environmental before profits as he was failing by 2018 with only £200,000 profit ???
Would be great if I get an answer
Yes, I talked about this that he was focusing on the long term development with the CSR approach with the solar panel investment instead of tackling the short termist issue of profit maximisation as both profit and customer orders were declining.
Bad leader - losing support of directors who could be internal shareholders, declining profits and customer orders with high costs
Conclusion - ineffective as short term decisions aren't tackled such as profit, costs and loyalty showing poor financial management. Leaders responsibility so should stop focusing on the long term and tackle immediate needs despite being a short termist decision.
I said that, elkintons triple bottom line is good for ethicals and socially responsible business that is in the good eyes of the customer - in an age where the planet's importance is more highlighted politically and in social groups of customers etc, even more paramount he obliges.