During this semester, students studying Business Law have consistently been reminded that there is significant work for the corporate world to achieve in this area. Corporate Social Responsibility and Environmental Management , Septem- ber. Employees would feel meaningful by working for ethical company. Make your own animated videos and animated presentations for free. Then, another launch was made with the use of internet in order to keep pace with the technology. Power 100% of stores with renewable or carbon balanced energy 14.
It was also said that some of their products contain animal products such as gelatin or crushed bones. In addition to social activism, internal audit programs were conducted at Body Shop for environmental protection, health and safety at work, and the monitoring of 'Against Animal Testing Policy'. As a result, they find it hard to decide whether they should participate in such activities at all in medium and long run. Generally known as The Body Shop, the company has 2400 stores in 61 countries, two thirds of which are franchised, selling a range of over 1500 products The Body Shop, 2009a. To save cost on advertisement, Roddick spread aroma in front of her shop to gain attention of the patrons.
Double its Community Trade programme from 19 to 40 ingredients and help enrich communities that produce them 2. In January 1999, the company announced it was giving up manufacturing to focus on retail, and the projections were good. From the 1990s, Body Shop faced increased scrutiny regarding its activities and claims. Pfizer employs over 120,000 people worldwide in more than 120 countries. Furthermore, the company has a very strict policy against animal testing.
These values are: leadership, innovation, performance, respect for people, teamwork, customer focus, respect for the community in which it operates, and integrity. This figure is clearly meagre when compared with the finances of the fair trade organisation Traidcraft, which in the same year disclosed that no less than 31 per cent of its turnover came from fair trade sources Entine, 1995. Patience is paramount Asked what lessons he would give to companies that embark on such projects, Bennett says patience is paramount. In the cosmetics market that time, the are already standardized. Academy of Management Journal , June, pp. Through the years as the company continued to expand their marketing and distribution, The Body Shop continued to stand with its values of not Just innovating heir products but with an advocacy on improving the lives of women in the developing countries as well as promoting animal rights.
It causes customers to become more loyal because the company is responsible for the environment and better customer relations because it is a trust between customers and the company. Their target market comprised of the following people- 1. The objective of this piece of work is to undertake a critical analysis of the cosmetics company The Body Shop, in terms of its philosophy, business practices and other activities and assess the extent to which the organisation can legitimately be regarded as a socially responsible corporate entity. But in order to move from theory to concrete action, the Body Shop has to overcome several types of obstacles. This only applies, however, when a company cares about the quality of its staff. Roddick returned to England after a prank got her expelled from the kibbutz. More choice means a better workforce.
Due to the budget constraint, Roddick used the urine sample containers purchased from local hospital as the containers of her products. Generally known as The Body Shop, the company has 2400 stores in 61 countries, two thirds of which are franchised, selling a range of over 1500 products The Body Shop, 2009a. Interested in ethical and environmentally friendly products 4. References: Albion, M 2006 True to Yourself: Leading A Values-Based Business. The case for and against business assump-tion of social responsibilities. Journal of Applied Case Research. More and more people report increased stress, harder work and greater insecurity as they chase elusive gains.
The company is also actively engaged in promoting community-based development projects, an increasingly popular form of development assistance being adopted by various companies Nelgadde, 2010. Roddick died on 10 September 2007. So the company should find the effective strategies that match their circumstances in order to obtain the highest benefit from society while creating benefits as well. Interdisciplinary journal of contemporary research in business 3 22. Evaluation will therefore be an ongoing and integral part of the analysis, rather than a process that is separate and distinct from it, although the main themes and issues will be drawn together to expose areas of concern and signpost future courses of action.
The new meaning of corporate socialresponsibility. They wish to create and enliven the idea of truly natural beauty. Legal responsibilities Comply with the established ground rules laws. If and when Body Shop stops buying offsets, other companies will fill its place. There are too many exciting things to do with it right now to bother about piling it up The Body Shop Mission:- The Mission Statement of The Body Shop requires us to run our business in a way that balances economic, social and environmental needs.
In 1984 they decided to sell stock in the company and Anita and Gordon became millionaires overnight! From this perspective, it is the demands of consumers for products and services that are produced ethically, do not benefit from human exploitation or have no detrimental effects upon the environment, rather than the philanthropic endeavours or altruistic tendencies of business entities that is of most significance Burchell and Cook, 2006. In 1994, it was estimated that Community Trade spending accounted for less than 0. In 1980, animal tests were popular among cosmetics brand. The scope of this analysis is within the period to which l. The Body Shop can invest in China not merely because of the huge market with a population of 1.