Managing a Successful Business

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Added on  2023/04/05

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AI Summary
This presentation discusses the importance of corporate social responsibility (CSR) in managing a successful business. It includes a case study of Waitrose, a multinational company in the food retail industry. The presentation covers data analysis, recommendations, and conclusions based on the research. It also explores the impact of CSR on brand image and competitive advantage. The presentation provides insights into choosing suitable CSR activities and the role of government policies in CSR implementation.

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TASK 3
Managing a Successful Business

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Content
Introduction
Data analysis by using suitable tools and techniques
Appropriate recommendations as per the research
Conclusion
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Introduction
For every kind of business it is highly required to adopt the
Corporate social responsibility which means that there are
are some obligations which a company face to fulfil the
objectives of society. There are certain tools and techniques
which are being utilised for resolving the issues. Company
chosen for this report is Waitrose which is a multinational
company dealing in foot retail across the globe and it has
been established in 1904.
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Data analysis by using suitable tools and
techniques
Waitrose has to work on data which gathered from 20 respondents
so that valid conclusion can be drawn.
Research design
Research philosophy
Data collection
Data analysis
Limitation

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Q1. Do Waitrose implement any sort of CSR
activity in an environment?
Interpretation: As per the above report, 8 of them are
agree for this context while 12 of them does not have
agree on the same.
Yes No
0
2
4
6
8
10
12
14
8
12
Column B
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Q2. Is it aidful for acquiring sustainable
advantages?
Interpretation: As per the above report, 15 of them are
agree for this context while 05 of them does not have
agree on the same.
15
5
Yes
No
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Q3. Is corporate social responsibility is aidful in
acquiring competitive lead in market?
Interpretation:As per the above report, 14 of them are
agree for this context while 03 of them are confused
about and 03 of them does not have agree on the
same.
0.5 1 1.5 2 2.5 3 3.5
0
0.5
1
1.5
2
2.5
3
3.5
14
3
3
Column B

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Q4. Which element is better for choosing as a CSR
activity for a food retail company?
Interpretation:As per the above report, 07 of them are
agree on environmental safety and security for this
context while 07 of them are on the side of Child
labour and 06 are on side of women empowerment.
Environmental safety and
security
Child labor Women empowerment
5.4
5.6
5.8
6
6.2
6.4
6.6
6.8
7
7.2 7 7
6 Column E
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Q5. Is CSR utilisation is facilitating in improving
the brand image?
Interpretation: As per the above report, 18 of them are
agree for this context while 08 of them does not have
agree on the same.
0.8 1 1.2 1.4 1.6 1.8 2 2.2
0
2
4
6
8
10
12
14
16
18
20 18
2
Column B
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Q6. In what Tenure, CSR is aidful in applying?
Interpretation:As per the above report, 08 of them are
agree for this context for a month while 09 are on
once in a year and 03 of them agree on every 6
months.
In a month Once in a year Every 6 month
0
1
2
3
4
5
6
7
8
9
10
8
9
3
Column C

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Q7. Are the government policies aidful in applying
CSR activities?
Interpretation:As per the above report, 15 of them are
agree for this context while 05 of them does not have
agree on the same.
Yes No
0
2
4
6
8
10
12
14
16 15
5
Column B
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Appropriate recommendations as per
the research
As per the report it can be classified that CSR organisation can
maintain big base of users and effective image through
which the entire work can be ease adequate. It can be
presented by the management different from others by the
support of this project. Waitrose have to work out in
effective manner so that appropriate approach can be applied
on the right time.
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Conclusion
In this above assignment it has been found that there
are different types of techniques and tools can be used
for perfectly successful business projects. Every firm
or every organisations implements plans and
programmes in terms of social responsibility where
manager and leaders find many aims. It is necessary
for every organisation to apply plans appropriately so
that they can achieve the set targets with in set time
frame.

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REFERENCES
Crane, A. and Matten, D., 2016. Business ethics: Managing
corporate citizenship and sustainability in the age of
globalization. Oxford University Press.
Cheyfitz, K., 2003. Thinking Inside the Box: The 12 Timeless
Rules for Managing a Successful Business. Simon and
Schuster.
Neu, W.A. and Brown, S.W., 2005. Forming successful
business-to-business services in goods-dominant firms. Journal
of Service Research. 8(1). pp.3-17.
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