Answer to Question #200591 in Management for lesego

Question

Write an essay of 1100 – 1 400 words, discussing maintenance of ethical and social responsibility as one of the four relevant challenges facing modern managers today for Starbucks and H&M only.

Your answer must include the following:

• Brief introduction outlining the scope of the essay.

• Discussion on “maintaining ethical and socially responsible behaviour” as a challenge to modern managers.

• Explain how Starbucks and H&M are acting in an ethical and socially responsible manner.

• Compare the ethical and social behaviour of Starbucks to H&M given that one is a beverage franchise and the other is a clothing retail outlet – provide at least five points.

• Conclusion summarising your findings and explain whether Starbucks and H&M are addressing the challenge of ethical and social responsibility through their actions.

YOU ARE REQUIRED TO CONDUCT ADDITIONAL RESEARCH IN ORDER TO ANSWER THIS QUESTION

Answer 1

CSR therefore covers a broad spectrum of issues that must be taken into account in business conduct. This includes working conditions, human rights, the environment, preventing corruption, corporate governance, gender equality, occupational integration, consumer interests and taxes.

Starbucks makes conscious efforts to be a responsible company and conduct business in an ethical manner. It prides itself in the ethical way it does business, through community, sourcing, environment, diversity and wellness. It strives to live out its mission statement and values everyday.