Target Corporation Practices Support Social Responsibility

Every business has stakeholders, people who influence and are influenced by the business. Target works to ensure that all stakeholders are part of their mission and culture. According to Target’s website, they know that their stakeholders have a monumental influence on their company. That is why they listen to their needs, ideas, and concerns (Target, n.d.). A few of their different types of partners include: education, environmental, well-being, safety and preparedness, responsible sourcing, and diversity and inclusion partners.(Target, n.d.). Target identifies with many different partners that help improve Target’s reputation and overall connection with society.

I think Starbucks is so concerned with social responsibility in its overall corporate strategy because of its founder Howard Schultz. After reading about Howard Shultz it is clear to me that one of the reasons this company does so well is because of the high standards he holds himself and his company to. As a young boy he witnessed what his father had to go through in order to put food on the table for his family. He saw the struggles his dad had to endure while working for a company that did not put their employees first. (Ferrell, Fraedrich, Ferrell pg 400) It was for this reason that he has such a strong ethical position. Howard is a long-time advocate for increased awareness in business ethics. (Ferrell, Fraedrich, Ferrell pg 398). He gave a speech at Notre Dame in 2007 and spoke to the students about the importance of balancing profitability and social consciousness. (Ferrell, Fraedrich, Ferrell pg 398) It seems apparent that Howard is very concerned about the well-being of the employees, customers, environment and the community as a whole. According to Starbucks Website (2016) the core values and mission statement is as follows: “With our partners, our coffee and our customers at our core, we live these values” (Starbucks website 2016)

Target Corporation is a retail chain specializing in household goods, clothing, food, and accessories at discounted prices. The retail chain’s history started back in 1902 as Goodfellows and in 1910 as The Dayton Company. Initially, the chain specialized in “furnishings, fabrics and decorations for business and other public institutions” (“Target Corporation,” 2016, p. 5). Eventually, Target went public in 1967 and on to acquire Mervyn’s in the 1970s where they became the seventh largest retailer in the United States. Target operates in the United States, where it is headquartered in Minneapolis, Minnesota and as of January 31, 2015 Target employs over 300,000 people. “The company recorded revenues of $72,618 million in the financial year ended January 2015, the operating profit of the company was $4,535 million, [and] the net profit was $2,449 million” (“Target

I chose to do my research on the Target Corporation. I feel they have a reputation of service to their customers, employees and community. Target’s mission is great value, the community, diversity and the environment. Target takes 5% of its income and puts back into the community. The Reading and Education Program, The Military and Veteran Support Program and The Social Services Program are just a few of several programs Target Corporation offers to the community. Target has a great reputation to be a positive fixture in the communities they serve. I think it says a lot about a company and the way it does business. I would feel good about working for a corporation like this. The Target Corporation has good ethics and is socially

This paper discusses the company history of Target, evaluates Target’s internal strengths and weaknesses, and discusses external opportunities and threats. Additionally, the authors examine how the company functions to provide product to customers, and also elaborates on how the company interacts with their customers. Lastly, the authors evaluate the needs that Target serves its customers and assesses the criticality of the products provided.

Target Corporation has recognized itself as one of the top retailers in the United States market on the basis of excellent service quality, customer experiences, operational excellence, strong financial position, and a wide array of product offerings. Through its high degree of service orientation at physical outlets and adoption of fair business practices, Target Corporation has become the most distinctive retailer in the eyes of its potential customers. Being one of the top-notch retailers in the United States, Target Corporation has to carefully strategize on its business operations and marketing tactics so as to keep itself in the row of competitive brands of the industry.

Target caters to a plethora of categories--from furniture to clothes and technology. They aim to be a one-stop shop for people of all ages and preferences. This relates back to their mission statement as customers begin to think of it as their “preferred shopping destination.” In relation to suppliers, Target aims to buy their products from various types of contractors.

Target and Corporate Social Responsibility Target, a retail chain store that sells products ranging from food to furniture, prides itself on the work it does with the community. Target has many different corporate social responsibility realms, however, there are three that stand out the most: charitable organizations, education, and sustainability. Target has done a great amount of work to benefit these three stakeholder groups through partnering with UNICEF and P!nk, going the extra mile to recycle and through the Give With Target campaign. UNICEF---Stakeholder:

Companies today are heavily influenced by the demands of customers and stakeholders. Corporate social responsibility (CSR) refers to the social and environmental responsibility policies and practices developed by an organization to increase its positive influence and reduce its negative activity towards society (Parks, 2008). The business approach and corporate philosophy of an organization is easily altered due to economic pressures, technological improvement and stakeholder needs and demands. "Going green" or being eco-friendly is one such demand. Environmental and sustainability concerns originate most often from governments, consumer activists, and the general public (Schlosser, 2008). Thus, organizations must implement sustainability into daily practices. In addition, sustainability alters the nature of competition and drives companies to think differently about products, processes, and technologies (Parks, 2008).

They have leverage advance in the food safety, quality, and health and wellness trends to increase the quality of the product they are sell and also increases the value for their customer. Besides that, Target Company have the strong product quality that can build the strong

Target Corporation was founded in 1962 and employs 366,000 people as of 2014 nationwide. The CEO of the corporation is Gregg Steinhafel and the company primarily operates in Canada and the United States of America. The Target tradition is an implicit culture that always carried with it more than just a bag of technical tricks. Target transmitted a set of values that radiated beauty and good design when it pertains to sales in the retail market. Target was referred to as one of the giant in the retail industry. An online magazine talks about Target reputation by stating that this retail store is among the most recognized retailers in the United States, with both a symbol (bull’s eyes), store mascot (bulldog) and store color (red) that most consumers identify with without even saying or seeing the Target name (Leinbach-Reyhle, 2014). The reputation of target far precedes its name in all of the United States of America. Target retail stores stands out because of its utmost customer service and its willingness to create an in store experience that encourages you to spend money and keep coming back to spend. Target aims at providing discounted items to customers has contributed immensely to its long role of success for many years. Overall the net worth of net as at 2013 was estimated that the company made $72.6 billion in 2013. No wonder hackers knew Target was “a juicy fruit to suck”. The amount of revenue generated by

For years, Target works to create not only sustainable products, but to ensure that the development, manufacturing and operations of their products follow the same protocol. In Target’s 2015 Corporate Social Responsibility Report, the company gives details to their efforts to ensure that their eggs, dairy, and meat products reflect their belief in proper animal treatment. By 2025, Target plans to be a 100 percent cage-free shell egg assortment believing that animals should be raised in clean, safe environments and away from cruelty and neglect. Their dedication to the humane treatment of animals is certainly not the first amongst their competitors to commit to cage-free, however they are one of the first (Kowitt). As some competitors, such

CSR is the concept that businesses should balance profit-making with activities that benefit society, as Bruce Dayton believed “businesses should act in the best interest of society” (Target, 2015). Accordingly, Target’s commitment is to design tomorrow’s Target through our value chain, building community and creating a great workplace. As such, its 5 core beliefs: innovation, leadership, growth, inclusivity, and community influence its ongoing commitment to CSR. Furthermore, they achieve this by concentrating on:

Target Corporation is a well-known American discount retailing company, founded in 1902 and is headquartered in Minneapolis, Minnesota. It is the second-largest discount retailer in the U.S. (Walmart being the largest) (Target, 2014). Target’s analysis will provide an insight into the corporation and its working. It look at and evaluate it in terms of terms of its effectiveness in each of these areas, such as: the structure, goals, agendas, boundaries, control, culture, politics, and decision-making processes. Based on the evaluation, this paper will help to provide suggestions for improvements within the different areas, if the need arises.

Our mission is to provide products and services at reasonable prices and will continue to improve high quality of products (2) for men and women of all ages and nationalities (1) in the USA (3). By using the newest technology research capabilities Consumers have been conveniently provided not only with the use of on-line shopping. (4) to high quality product. Quality / safety by providing benefits for excellent performance, clean environments to work in, and by providing equal-opportunity for all individuals (7).  The growth of target is sustainable because we offer high quality product