* Who are the main Stakeholders of beverage companies such as Coca cola and nestle in this case? How would you prioritize their stake and how legitimate are the different stakes?
The Civil society is the main stakeholders of these companies it consist of pressure groups, local communities, non-government organizations. The stake of the society can be prioritize by
Relationship-building: Having good relationships – trust, mutual respect, understanding – are intangibles that develop and evolve over time, based on individual and collective experiences and interactions. For this reason, we have to engage with stakeholders at a much as early as possible.
Through proactive involvement of company with the
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According to me Nestle have only focus on the economic responsibilities and has been concern about the shareholders acceptations than the society. There is a wide space for improvement in the company’s policies towards society and environment.
* Think of privatized water companies in this case in terms of the extended view of corporate citizenship as discussed in the chapter. What are the specific governmental roles they have taken on? Evaluate their performance from this perspective.
The extended view of corporate citizenship as discussed in the chapter for the privatized water companies are about the “Civil rights” of the citizen .It reveals the governmental failure to addressing the important issues in the society. In the case study some governments have acted in favor of the society by imposing fines and compensations, asking the companies to involve in different environmental programs for conservation of water also by imposing a ban on the bottled water in 12 municipal premises and supporting the corporate citizen actions. The actions taken by the government are effective but the private companies always find a way to manipulate the laws and to disguise the society by false advertising strategies and using other unethical ways to carry out their business. Taking all this into consideration the governmental roles have not been so effective and many things have to be done to stop such false practices.
* How do you
Corporate citizenship surfaced in the American business community in the 1980’s and have since extended to the global community as it speaks to social and environmental issues (Matten, & Crane, 2005). “Corporate citizenship is defined as a company’s self-regulated management of its business activities and influences to advance a social agenda beyond that required by law” (Tsai, Joe, Lin, Chiu, & Shen, 2015, p.361). Moreover, activities that would demonstrate being corporate citizen are exemplary leadership and ethical behavior, corporate philanthropy that benefits the stakeholders and the community, and to exceed legal compliance (McEachern, 2015). Furthermore, these activities are identified as the four faces of corporate citizenship, economic
Different societies around the world have different moral codes, but the importance of water is valued and respected everywhere. Most if not all societies agree with the principles of human dignity and equality for all people. Water is the basis for human survival therefore, it can be the foundation for solidarity amongst societies and people. The ethical frameworks of utilitarianism, consequentialist, intrinsic, theistic, ecological, and water management are all examples of lenses inquiring into the water politics of today. This paper will primarily focus on water management with the ethical framework of a pragmatic approach for the just demands of society, specifically exploring the privatization of municipal and
In this essay, I will address the issues caused by the privatization of the water supply in Bolivia, in accordance with the Washington consensus, defining the relevant terms and addressing whether it could have been prevented. The essay will also concentrate on whether organizations such as the world bank can action loans on a more independent manner than was witnessed there. Also covered will be whether less economically developed countries (LEDCs) are able to meet the demands of the World Bank or instead negotiate a more suitable agreement and this will tie in with the ability to prevent the negative consequences that were witnessed in Bolivia. The essay will also explain what eventually happened in Bolivia and whether it actually
The water crises revolving around privatization of municipalities, and bottled water needs to be addressed in a more comprehensive approach. A more integrated solution for water should account for an adequate supply of clean water and that water can be equitably accessed worldwide. In addition, the impacts of climate on the quality and quantity of fresh water needs to be factored in. There is uncertainty in what this might look like and who would be the best manager of this. As of right now it is almost certain the water policies of today will cause geopolitical conflict in the near future. To clarify, water wars have already begun, but more conflict on a larger scale is likely to happen if policies do not change. Therefore it is urgent that water policies adjust into a more ethical framework. An important question to ponder is, “Will social change concerning water use come through technological innovation or through cultural and value change, or some combination?” This question is imperative in how one should be constructing their viewpoint for creating difference in water policy and where one should go from here.
Water is vital necessity of human life. Nowadays, the world is incurring a serious problem like shortage of water. Britain's chief scientist John Beddington (2010) claimed that if in the coming decade the rate of population growth climbs, the scarcity of drinkable water will become the urgent problem for all humanity. Unfortunately, lack of potable water has bad influence on people’s health and may lead to international conflicts. Because of the shortage of water people use water from unsafe sources. It also means that people can not properly wash, clean their clothes and houses. It is obvious that poor quality of water and violation of sanitary standards can cause serious diseases. Furthermore, today there is competition for water between
When in a leadership position, building relationships is an important aspect. These relationships create a network that can be used in times of need, creating change, and increase overall confidence between yourself and your peers, clients, leaders, and subordinates. Throughout this week’s reading we learned about the many relationship building strategies. This journal will outline my relationship building strategies, both within and outside work situations, and what happens when my strategies do not work.
The report covers areas related to the perception of corporate social responsibility for Nestle, the ways and methods adopted to discharge it at their best of the ability and the impacts of its performance on its various major stakeholders.
With an ever growing population and more and more countries entering the developed world, the importance of water management has never been so great. In recent years, the participation of the private sector in water management has come into play, mainly driven by the long overdue capital improvements needed, a worldwide shrinking in public revenue, and a growing notion that private operators are more efficient than public. Though largely opposed by human rights activists, the privatization of water has benefits that far outweigh the cons. These private companies offer the water sector greater fiscal responsibility that will keep one of the most important elements on earth readily available for the long term future, as well as the
Relationship development and maintenance is the most important thing in managing stakeholders. In fact, it is the relationship that is being managed and not physical people. The interviewees explained that positive relationship especially with primary stakeholders creates understanding and a friendly atmosphere, which, pave the way for different activities to take place in harmony. With good relationship, the company forms strong allies with other key stakeholders who help to increase project influence to other stakeholders.
For the deep information on the company that I have been chosen, I would like to state that the strengths of Nestle are innovative, reputable brand, multinational and well known brand in food and nutrition industry. The world recognized well about their product whereby all of them have chose and trust nestle more then a decade. United kingdom, Malaysia, Singapore, China, India and other more well known and large population countries have trust this product and have stickled with nestle until they have came out with greater products and inventions where these products were used by millions of people each day in the world. This multinational company owns hundreds of outlets and retail shops where they sell their official food products and yet more thousands of shops selling Nestle goods. This company keeps on innovating new products, which suits the current market and the best latest nutrition, packed with healthy advisory. This innovation makes them to be in the race and make their self as a trustable and manage to compete with all other
The focus on this paper will be on privatization and the role it has plated in different avenues and situations. In this case, each of the provided articles shows a different concept and understanding of privatization; however, one common thing is that the overall understanding is that it entails private ownership. In the first article, on privatizing of social security, the definition that is given in this paper is that it is investing in Social Security funds in a way that shows equity in the investments, which is by allowing workers to elect and to direct the investment of all or a portion of their social security contributions to a variety of options. The article on who owns water shows a different perception but in the idea
Nestlé is a pubic liability company in Switzerland. It is in tertiary production. According to the annual report (2014), it provide people with a wide range of food and beverages, throughout people’s life. It arms to help people having a more joyful and healthy life. Also, what the company promise of is: “Good Food, Good Life”.
Nestlé, founded in 1866, employs over 330,000 staff in more than 150 countries. The company’s business objective is to be the recognised leader
As with all major corporations, socially responsible charity is a core component of the Nestlé brand. Nestlé must advertise the fact that it gives back to the communities where is products are harvested and produced. Posting TFT's regular audits of Nestlé on the website will also allay the criticism that Nestlé's current environmentalism is mere public posturing, since this will indicate that its actions have been validated by an outside authority.
I was present on the September 16, 2017, the date of water damages occurrence at The Slayton’s residence. I was called by Ms. Slayton to help her with the clean-up. Upon my arrival, I entered through the front door and observed water and tissue paper covering the floors. As Ms. Slayton showed me the areas, water was above my ankle and it was still flowing from the bathroom into the bedroom, kitchen, dining area, hallway and living room. The water contained tissue, solids and a feces-like foul smell. There was no one there assisting with the initial clean-up but myself, Mrs. Slayton, Mr. Slayton, and the mother. No professional restoration or cleaning company was present during the time I was at the residence cleaning and bagging damaged