Wesfarmers Strategic Analysis Assignment
Added on 2019-10-30
14 Pages2622 Words564 Views
NameCollege
A review of Wesfarmers social responsibility........................................................................................3Introduction...........................................................................................................................................3Corporate social responsibility?............................................................................................................4Sustainability of Wesfarmers.................................................................................................................4Corporate social responsibility features of Wesfarmers........................................................................5Particular instances for and against the company in social corporate roles..........................................9Natural refrigerants are set standard at Coles.....................................................................................9Bunnings continuous solar investment..................................................................................................9References...........................................................................................................................................10References.......................................................................................................................................10Goyder and BCA facing the criticism....................................................................................................11Accounting scandal of Target..............................................................................................................11Conclusion...........................................................................................................................................12....................................................................................................................................................12
A review of Wesfarmers social responsibilityIntroduction It is imperative to say that in today’s world, corporate social responsibility agendas of acompany can make or break their business’ future. No matter if it is the subway or it isMcDonald's, all sorts of companies are being forced by their customers to e moreenvironment-friendly and be more healthy. Companies such as coca-cola are facing toughtimes in order to maintain their same consumer base and expand it at the same time with thepre-existing principles and products. This is why they are in a continuous process of changingthemselves and being more socially responsible and healthy. Today, the company we wouldbe covering is Wesfarmers.A company which has its origin in the West Australia and was booted up in 1914 and hasventures in different sectors such as department stores, supermarkets, liquor, conveniencestores, office supplies, fertilizers, department stores, industrial and safety products. The mainprinciple or motive of Wesfarmers is to provide all its stakeholders with a good an handsomereturn. The aims of the company are as follows:-a.Providing a safe and fulfilling environment for all its employeesb.Satisfying the customers through quality products and servicesc.Contributing in the growth and productivity of a country and seeking outopportunities for the unemployed section of the countryd.Having a strong emphasis on maintaining the environment around the vicinity ofour factories and office centers.e.Maintaining integrity and honesty while doing both internal and external tasks relatedto the company.
Corporate social responsibility?We can define CSR as something which helps companies in minimizing adverse effects forall the stakeholders and hence, achieving tall the goals of organization keeping in mind thewelfare of the environment. Wesfarmers CSR addresses various imperative issues related toenvironment and stakeholders (McGraw, 2013). (Wesfarmers.com)Sustainability of WesfarmersAfter going through the internet regarding the company, we came across lot of positive pointsrelated to Wsfarmer and the way they have been managing their human force as well as otherassets along with environment and we would be discussing them in detail in the next section.Let us discuss them in concise over here.a.People b.Diversityc.People developmentd.Community contributions e.Product safety
End of preview
Want to access all the pages? Upload your documents or become a member.
Related Documents
Sustainability among corporations PDFlg...
|11
|2111
|452
Casestudy of A current Contemporary issue in Accountinglg...
|12
|2259
|93
Corporate Socials Responsibility Research Paper 2022lg...
|14
|2472
|14
Importance of Corporate Social Responsibility and Ethics: A Case Study of Wesfarmerslg...
|14
|3058
|325
Organizational Change Management: Case Study Analysislg...
|11
|2058
|26
Corporate Social Responsibility Assessment 2022lg...
|3
|475
|40