Responsible Enterprise: Supply Chain Activities of Tesco and Cocofina

This report provides an in-depth analysis of responsible enterprise practices, specifically examining the supply chain activities of Tesco, a multinational company, and Cocofina, a small to medium enterprise. The report explores the implementation of Corporate Social Responsibility (CSR) strategies within their supply chains, highlighting the importance of ethical sourcing, sustainable practices, and stakeholder engagement. It delves into key aspects of supply chain management, such as collaboration, risk management, and the role of consumers in facilitating or inhibiting responsible enterprise. The analysis covers the economic, environmental, and social dimensions of sustainability, emphasizing the need for effective communication, ethical conduct, and the integration of CSR policies. Furthermore, the report offers insights into the challenges and success factors associated with implementing responsible supply chain management, providing recommendations for both companies and policymakers to enhance CSR performance and ensure long-term sustainability.

RESPONSIBLE
ENTERPRISE

Executive summary
The business condition is changing quickly and with it the supply chains of the products
also fluctuates. Most of the business never again contend exclusively as independent
partnerships. They additionally contend as members in incorporated supply chains. In these
activities of two firm has taken as Tesco it is the multinational companies and Cocofina it is
small medium enterprise this are taking various initiatives in order to cope up with marketing
activities so that profitability can be maximised. In light of aggressive weights, U.K. makers are
buying expanding measures of merchandise and ventures from providers outside (i.e.,
outsourcing), and incorporating their supply chains to enhance execution. This study aims at
providing suggestions as to why certain CSR challenges still remainin supply chains. It also
provides an overview of potential success factors and challenges companies and States are facing
in their attempt to eliminate these issues from their supply chains. Additionally, the study aims at
providing EU policy makers and Member States with recommendations for defining possible
strategies or policies, or for providing support to (existing) initiatives. The results of this study
are presented in this executive summary.

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
Main body........................................................................................................................................2
1. Description on the responsible supply chain activities of the firm. ..................................2
2 (a). The role of consumers in facilitating and inhibiting responsible enterprise.................5
CONCLUSION ...............................................................................................................................6
RECOMMENDATION...................................................................................................................7
REFERENCES................................................................................................................................8

INTRODUCTION
The responsible enterprise means to have effective communication so that whole thing in
expertise manner. It is the essential part of the market economy. With the help of proper
functioning of firm activities it is able to serve those commodities which will full fill the need of
customers (Genovese and et.al., 2017). These activities can be dine with the help of having better
communication with stakeholders as are employee, suppliers and many others. In order to have
long-term sustainability in the market it is important to run the business activities in responsible
manner. The responsible enterprise mainly integrates three firmly interlinked elements as are
economic, environmental and social, and when this all successfully combined can lead to long
lasting sustainability. The present assignment has covered the various things as are systematic
process of supply chain, sustainable products and various kind of human rights and ethics.
The present report is focussing over the activities of Tesco, it is world largest global
leading brand. This is the multinational company and it is having various branches in all over the
world. This firm is distributing its services in the grocery sector, the focus of this enterprise is to
satisfying the wants of customers. The another small and Medium enterprise is focusing over the
activities of Cocofina. This is also working as to distributing its services in the grocery sector.
They are making coconut related factor with the usage of real coconut substance. This both of
the focussing over the core innovation so that customer can get attracted toward the working of
enterprise. This kind of facility is helpful in order to attract the large number of customers. The
main aim behind making this assignment is to process all activities of the entity in expertise
mode (Hill, Jones and Schilling, 2014). The economic is one of the important pillar of
sustainability. There is the major need for the favourable economic environment, this is
important function of business and with the help of this the firm is able to grow tits activities in
the dynamic manner. The commitment does not only stay with one get-together, yet rather is
added to business, customer and government. If the undertakings of these people are adequately
organized, this gathering can effectively shape the whole society. The trade name of the firm is
like Cocofina which stands for fine coconut water, and it is helpful in relation to maintain health
so that product is able to sell in market. This both the enterprise is largely focussing over quality
of the products so that they can maximise the profitability of firm. The sustainable business
enterprise is looking over the activities of the firm as understanding the human benefits in order
to harmonizing the environmental aspect of the firm. In order to deal with the function of market
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there is need to create awareness in relation to the change in climate. To maintain the ethics of
business enterprise is also the effective part in relation to process firm activities expertly. The
responsible business enterprise need to follow all the ethics related to the activities of the firm in
expertise. The professional, corporate and business activities are need to be run in the effective
manner, with the help of this the firm is bale to enhancing its profitability and productivity. The
following activities are need to be dine in order to make business activities expertly. These are
as-
 There is need to have effective Recognition of various pressures presented by its relevant
context as are political, economic, social, technological
 Error: Please Select Parent Topic It is important to have understanding of its
organizational culture such as are core beliefs, involvement, responsibility, knowledge-
sharing, and handling with conflict situation so that each decision can be taken
effectively.
 The Tesco need to take various steps to Fostering reasonable stakeholder expectations in
market.
 There is need to have development in the \responsible management practices to meeting
of stakeholder expectations and its learning from enterprise decisions and activities. This
will work as to enhancing the function of business enterprise.
Main body
1. Description on the responsible supply chain activities of the firm.
The responsible supply chain management is looking for cooperation with the suppliers
in order to ensure strategies of CSR, and to have improvement in the performance of CSR. The
Tesco need to have effective suppliers so that they are able to carry out function in expertise
manner. This kind of approach will be helpful in relation to process the activities of the entity in
reasonable mode. The Cocofina is also focusing over having effective supply chain management
by implementing the activities of CSR. This will help to have impressive function of business
enterprise. There can be effectively manage risk of horrible impacts on the CSR standard in the
store arrange by requiring suppliers to characterize their own specific CSR approaches, set up
due consistency structures and assurance answers for the all inclusive community affected. These
strategy necessities hold the best approach to engaging suppliers to agree to the CSR standard. In
this way not an issue of process requirements "for the methods' motivation", yet process
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necessities that will add to ensuring that suppliers respect comprehensively understanding CSR
guidelines. The Tesco need to set standards with the help of which activities of the firm can be
operated in expertise manner. They need to hire skilled employees who can understand the factor
of demand and supply in firm (Qu, Geng and Fujita, 2017). With the help of implementation of
CSR policies the activities of firm can able to run in market expertly. This minimizes the risk of
adverse impacts on CSR principles in the supply chain that will be useful to run the operation of
entity in significant mode (Hill, Jones and Schilling, 2014). There are various kind of key
elements in the supply chain management functions as are communication, integration, demand
management, collaboration etc. with the help of this the activities of the cocofina and Tesco can
be operate in expertise manner. Without all of this the supply activities of business enterprise
cannot be run in expertise manner. In this manner there are various kinds of benefits in relation
to have effective supply chain management activities in Tesco as are-
1. Improving collaboration with suppliers- Both firm as Tesco and Cocofina need to
improvise the collaboration with their suppliers, with the help of making better relation
with the suppliers they are able to majorly contribution in productivity of firm and
reduction in cost. In order to process business function expertly there is need to have
improvement in the collaboration with firm suppliers.
2. Improving product quality- with the help of having the responsible supply chain
management activities there can be improvement in the safeguarding of quality of
products and this function will lead as to have development in the sustainable product of
firm (Ganesh, 2014). Tesco and Cocofina need to maintain the quality of their product so
that firm can able to sustain in market for longer period. The quality is that parameter
which is need to be maintained in order to ensure longer term sustainability of customers.
With the help of continuous improvement in the activities of the firm and to be
responsible, working of entity can be done effectively.
3. Ensuring consistence with customers' wants and necessities- In these customers are
need to get aware about the policies so that activities can be done effectively. The
business enterprise need to have idea about wants of customer so that they can able to
take initiatives in relation to it. Tesco and Cocofina need to make the list of all activities
effectively so that they can report each thing to the customers in timely manner. With the
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help of complaining with CSR standards and guidelines the organization can derive its
large amount of profitability (Genovese and et.al., 2017).
4. Lower time delay in process- There are various benefits in relation to activities of
supply chain management, it is the kind of software which works as to minimize the
delay in task (Dubey and et.al., 2017.). The delay can result into the supply chain
management activities which leads to have common issues like late shipment from
vendors and hold up on the production lines. The supply chain management software
flawlessly coordinated and executed from start to finish the all things. This software is
helpful in order to make the delivered of products in the timely manner.
5. Raise output- The supply chain management software is designed in relation to having
improvement in communication, collaboration and coordination so that activities of the
firm van be taken in the expertise manner. This kind of activities will be helpful in order
to have accurate and reliable result.
6. Boost corporation level- This is one of the effective method of supply chain
management system is to have high amount of corporation level so that task can be
played effectively. With the help of this kind of activities the both firm as Tesco and
Cocofina is able to track supplier and distributor so that they can have idea about order
system (Cooper, 2017). The supply chain management system work as to link with
business software system to bring improvement in the collaborative services. This is very
effective technique in order to have idea about the reporting, broadcast and order statues.
7. Decreasing the hazard of negative PR- with the help of elimination of risk in the
activities of the firm, Tried and true stock system organization can shield association
from negative PR as a result of unsafe CSR issues in the generation arrange, and in the
most critical result comprehensible, from making authentic hazard as an assistant net
human rights encroachment.
8. Pulling in and holding specialists- A sound reputation is basic to association's ability to
attract and hold the most qualified laborers. At the time of outsource trip to suppliers, it is
basic to movement to delegates that high need is given to CSR issues.
9. Offering security to monetary authorities and leasers- Money related authorities and
credit supervisors consolidate your risk profile and CSR practices in their assessments,
and this moreover fuses your stock system organization.
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10. Making new market openings- Careful generation arrange organization can be used
proactively to check your association and make new market openings. This will be
helpful in relation to grow the activities of firm significant manner.
2 (a). The role of consumers in facilitating and inhibiting responsible enterprise.
Consumers are one of the important stakeholders in a company whose role is to identify
various responsibilities towards environment (Monostori, and Váncza, 2010). Management of
strategy by top management is a dynamic process which keeps on changing due to external
changes and internal modifications (Ganesh, 2014). At Tesco Plc and Cocofina, consumers are
known as drivers of corporate responsibility which a company should adopt while manufacturing
products. The management team at Tesco and Cocofina is responsible for dealing with its
customers effectively and maintaining sustainability as consumers satisfaction is its primary
objective (Hill, Jones and Schilling, 2014). Every customer should be charged a reasonable price
and should be treated equally. Uniformity in supply of goods and services will enhance customer
satisfaction. All such services provided by Tesco and Cocofina managers has helped consumers
to act accordingly.
The consumers of products and services of Tesco Plc and Cocofina has a prime motive of
looking into the ways and steps of production of goods by the company (Ganesh, 2014). The
consumer should check into any defects and environmental damage done by the company as they
have a prime goal of safeguarding environment (James and Jorgensen, 2009). The consumer
should realize the importance of safeguarding the environment as conserving the environment is
essential for coming generations (Hill, Jones and Schilling, 2014).
Tesco and Cocofina has made sure to commit itself to maintain an environment which is
healthy for everyone. Tesco has made all workers to play an dynamic part in its initiatives
towards healthy environment (Huang, 2009). While Cocofina a small and medium enterprise has
made every aspect possible to produce quality products for its customers. The consumers daily
interact with brand and people of the organizations as respect and trust is the key to success for
any business firm. The unethical practices of production and procurement of raw materials will
hamper the environment as well as image of the company in the market and in front of
consumers. False or discriminatory advertising, negative treatment of employees and ignoring
safety concerns in products can undermine consumer confidence (Hill, Jones and Schilling,
2014).
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The modern business units like Tesco and Cocofina has a responsibility towards
environment and consumers and their operations might hinder consumers and environment
(James and Jorgensen, 2009). Thus company should follow corporate social responsibility
towards everyone by making a responsible enterprise. A consumer is responsible for correcting
an enterprise who is not respecting environment by evaluating strategies of not using that product
and providing negative feedback for the same (Hill, Jones and Schilling, 2014).
Today the consumers are aware about their responsibilities and are cresting greater
awareness among society for buying only environmental friendly products (Leon, 2013).
Business environment comprises of different internal and external factors which affect strategic
business decision making. In today's changing environment, organizations are a vital part of
society as they generate employment for the community and can be seen as an important source
of economic growth (Monostori, and Váncza, 2010). Tesco and Cocofina has an objective of
providing quality life to the community who forms its major part of workforce (Hill, Jones and
Schilling, 2014). Thus Cocofina and Tesco has made things possible for making responsible
customers who are active about changes in environment and is reflected in their purchasing.
CONCLUSION
It is the essential part of the market economy. With the help of proper functioning of firm
activities it is able to serve those commodities which will full fill the need of customers. These
activities can be dine with the help of having better communication with stakeholders as are
employee, suppliers and many others. The responsible enterprise mainly integrates three firmly
interlinked elements as are economic, environmental and social, and when this all successfully
combined can lead to long lasting sustainability. The professional, corporate and business
activities are need to be run in the effective manner, with the help of this the firm is bale to
enhancing its profitability and productivity. The following activities are need to be dine in order
to make business activities expertly. Hence, it can be stated that the firm can able to perform its
activities in the responsible manner if it is having expert personnel. This will also help in relation
to enhancing the profitability and productivity of enterprise. The consumers daily interact with
brand and people of the organizations as respect and trust is the key to success for any business
firm. The present report has covered with various kind of activities as are systematic process of
supply chain, sustainable products and various kind of human rights and ethics.
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RECOMMENDATION
1. To make supply system effective there is need to have software system in relation to cope
with activities of firm. This will be helpful to enrich growth of business enterprise.
2. By hiring the skilled labour for the organisation can have smooth working.
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REFERENCES
Books and Journals
Cooper, R., 2017. Supply chain development for the lean enterprise: interorganizational cost
management. Routledge.
Dubey, R and et.al., 2017. Sustainable supply chain management: framework and further
research directions. Journal of Cleaner Production. 142. pp.1119-1130.
Ganesh, K., 2014. Enterprise Resource Planning: Fundamentals of Design and Implementation.
Springer. Monostori, and Váncza, 2010
Genovese, A and et.al., 2017. Sustainable supply chain management and the transition towards a
circular economy: Evidence and some applications. Omega. 66. pp.344-357.
Hill, C. W., Jones, G. R. and Schilling, M. A., 2014. Strategic management: theory: an
integrated approach. Cengage Learning.
Huang, H. C., 2009. Designing a knowledge-based system for strategic planning: A balanced
scorecard perspective. Expert Systems with Applications. 36(1). pp.209-218.
James, T. E. and Jorgensen, P. D., 2009. Policy knowledge, policy formulation, and change:
Revisiting a foundational question. Policy Studies Journal. 37(1). pp.141-162.
Leon, 2013. Enterprise Resource Planning. Tata McGraw-Hill Education.
Monostori, L., and Váncza, J., 2010. Digital enterprise solution for integrated production
planning and control. Computers in Industry. 61(2). pp.112-126.
Paulraj, A., Chen, I.J. and Blome, C., 2017. Motives and performance outcomes of sustainable
supply chain management practices: A multi-theoretical perspective. Journal of Business
Ethics. 145(2). pp.239-258.
Zhu, Q., Qu, Y., Geng, Y. and Fujita, T., 2017. A comparison of regulatory awareness and green
supply chain management practices among Chinese and Japanese manufacturers. Business
Strategy and the Environment. 26(1). pp.18-30.
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