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Whole Foods Market: Corporate Social Responsibility

Satisfactory Essays

Alisha,
Companies that invest in corporate social responsibility initiatives are increase their profits. On the other hand, companies that think of ethics as cost are in danger of not surviving long term. Successful companies incorporate code of ethics and provide ethics training. In addition, they create an open atmosphere, perform internal audits, preserver industry integrity, and instill accountability for decisions. Your example regarding Whole Foods Market would be social responsibility initiative that supports healthy eating and provide support for local farms. This initiative will increase profits by investing and giving back to communities where stores are located. A good rule of thumb is that social responsibility impacts all stakeholders.

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