Spencer’s Gifts is a mall retail store which sells clothing, room décor, jewelry, gag gifts, sex toys and other products. The company has been in business for over 65 years and offers products for the lifestyle of people between the ages of 18-24 years old. They also own Spirit Halloween stores, which pop-up every year during the month of October. They sell Halloween costumes, accessories, makeup and décor. The core mission statement is “Life’s a party – We’re makin’ it fun!” (Company Information: About Spencer’s, 2016). The company is run by CEO Steven B. Silverstein since 2003 (Company Overview of Spencer Gifts, LLC, 2016). Spencer’s has had a few lawsuits, for example, in 2010 the state of Kansas filed a criminal complaint against Spencer’s for “promoting obscenity that was harmful to minors” in the case of the State of Kansas v. Spencer Girts, LLC (State v. Spencer Gifts LLC, n.d.). Also in 2013, Spencer’s Gifts and Spirit Halloween stores, were sued for copyright infringement over a design of a skull shaped tumbler (Lee, 2013). Currently the company is involved in two social programs. The first is Boobies Make Me Smile, which “partners with organizations committed to the fight against young adult cancer” (Company Information: Boobies Make Me Smile, 2016). The second is the Spirit of Children, which tries to “make hospital stays less scary for kids and their families.” (The Heart of Spirit Halloween: Spirit of Children, 2016). However the Corporate Social Responsibility
Our mission is to be successful and profitable, but will not do so by unethical means. We will operate responsibly and honestly. Our company strives to be socially and economically responsible, and these goals can only
Clif bar has a community volunteer project called Project 2080. The goal of the program is to commit at least 2,080 hours to community service each year. This appeals to the target market because we are caring and making the environment better, clearing miles of trails in a regional park, paint and help landscape a local public school, and weed, plant, and build structures for a large-scale community garden. When we open up our business in China we will also have the community service taking place there as well which would benefit China and their communities.
It is often said that a structure is only as strong as its foundation. This same principle can be applied to a business. In this case, the foundation is the stakeholders and the company’s corporate social responsibility strategies, both of which play a crucial role in the long-term success (or strength) of the company. Bombardier is a Canadian aerospace and transportation company which was founded in 1942 in Valcourt, Quebec as a snowmobile company. As its success grew, Bombardier expanded into one of the world’s leading transportation manufacturers; a multinational company, and evidently a highly successful one. The focus of this report, however, will not be on the overall success of the company, but on the company’s disposition
When a stakeholder visits JPMorgan’s website market or nonmarket, they will find a section dedicated to corporate social responsibility. Most companies provide easy access to this information along with an annual report on their initiatives that year and how they plan to maintain and even further their social responsibility in the next years. In the CSR section companies typically provide us with a short opening statement about their mission in social responsibility at JPMorgan it is the following “At JPMorgan Chase & Co., corporate responsibility always has been central to how we do business, starting with operating with integrity in all we do and extending to all the ways we help our clients and communities navigate a complex global economy. We strive to develop innovative programs that leverage the core strengths, capabilities and expertise of our business and our people – and those of our partners – to maximize our impact. JPMorgan Chase is profoundly optimistic about how much can be accomplished when people come together to do extraordinary things.” From that statement alone one would be led to believe that they are a
The Corporate name, founding date, founding leaders. Toys R Us Inc., founding date was 1948 and the founding leader was Charles P Lazarus. The company, which was originated in Washington D.C. was named Children’s Bargain Town.
Corporate social responsibility has been one the key business buzz words of the 21st century. Consumers' discontent with the corporation has forced it to try and rectify its negative image by associating its name with good deeds. Social responsibility has become one of the corporation's most pressing issues, each company striving to outdo the next with its philanthropic image. People feel that the corporation has done great harm to both the environment and to society and that with all of its wealth and power, it should be leading the fight to save the Earth, to combat poverty and illness and etc. "Corporations are now expected to deliver the good, not just the goods; to pursue
In response to the earlier task where all Senior Stakeholder Relationship Representatives were required to settle on a strategic Corporate Social Responsibility (CSR) partner for BusComm Enterprises, Armed Services YMCA of San Diego is hereby presented as the final choice. The charitable organization offers numerous support services such as assistance to rehabilitate wounded soldiers, free medical and psychological counseling, and programs to aid soldiers and their families. This choice is also based on the known deficit of support to military men and women who frequently suffer from life altering physical and emotional injuries. The Armed Services YMCA is a well-organized and highly rated association, with a rich history of serving since the civil war. It is thus a suitable strategic partner that fits our organizational goals and desire to integrate precedent setting CSR practices. This charity also fits our budget and presents a unique opportunity to serve in a barely exploited area, which will appeal to our shareholders. Conversely, my analysis indicated that Invisible Children would require higher scaling of resources and commitment in order to make an impact while their thematic area may be hard to resonate with our audience. Elsewhere, Community HousingWorks appeared capable of self-funding and represented a fairly common CSR partner who wouldn’t present BusComm Enterprises as any different among peers. It was also my opinion that the San Diego Brain
There comes a time in everyone’s life that we are forced to make lifelong decisions. What is chosen may more and or less be based off mood, values and priorities. Our behaviors and actions are what help us shape our future, therefore being very careful is a key quality in life when your deciding the next step, sometimes its known that bad decisions can lead to having regrets. “The Road Not Taken,” by Robert Frost relates to this because in the poem he describes being in the same situation of deciding which “road” will lead him to being and living a successful life or possibly living in regret. The use of metaphors, archetypes, and imagery were used throughout the poem to give a meaning of making your own decisions and really think about long term goals.
Social responsibility has always been viewed as in good taste in regards to today’s business world. With many companies engaging in unethical business practices, social responsibility has been increasingly stressed as a means to ward off this immoral trend among corporations. TOMS is a company which very well exemplifies what corporate social responsibility. As mentioned early, TOMS model known as the “one for one” strategy, they are able to help out undeserved children in areas of extreme poverty. Through stylish designs and word of mouth marketing, TOMS had quickly grown to be an extremely profitable company. Besides the trendy looks of their shoes, people felt good about themselves upon buying a pair as they believed they were doing for the world. TOMS had shown that not only could social responsibility be easily incorporated into profitable companies, but it could
Firstly, I would like to explain what Corporate Social Responsibility is. “It is a company’s sense of responsibility towards the community and environment (both ecological and
In other words, serving a social need doesn't necessarily mean the company is giving money to nonprofits that feed the homeless; it means the company invests in the future by innovating products and services that meet social needs and also happen to be profitable. Companies
New Belgium saw social responsibility as part of a continuing process of building value. Social responsibility helps improve the company’s reputation, and establish long-term relationships with customers and other stakeholders.
1. Was Japan an attractive market for Toys “R” Us? Do you think there were any cultural obstacles to product acceptance? Strong competitors?
So, yes I do think that our company is doing Good to societies that really need
It is difficult for impact investors to find a good social company that is able to make profit and still have extensive impacts to the world. While philanthropists do not consider about the profit, but more about the impacts that can be