Preview

Ben & Jerry’s Homemade

Good Essays
Open Document
Open Document
1027 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Ben & Jerry’s Homemade
1- Ben & jerry’s mission statement consists of three dimensions which are product, economic and social.
• Product: to make, distribute, and sell the finest quality all-natural ice cream and related products in a wide variety of innovative flavors made from Vermont dairy products.
• Economic: to operate the company on a sound financial basis of profitable growth, increasing value for our shareholders, and creating career opportunities and financial rewards for our employees.
• Social: to operate the company in a way that actively recognizes the central role that business plays in the structure of society by initiating innovative ways to improve the quality of life of the board.
Regarding the product dimension the company was positively fulfilled its predictions in the mission statement. B & J had made finest quality natural ice cream with a huge variety of innovative flavor (cherry Garcia, chocolate chip cookie dough, chunky monkey, peanut butter cup…).
In the economic dimensions the company didn’t fulfilled its mission statements in a long term because their main objective is not maximizing profit and increasing value for shareholders as every company does. However, the company tried to be financially sounds good , so they increases the price per unit to make more profit and in order to stay in business even though their initial purpose was “ice cream for the people”. They also chose to sacrifice short-term profits for social gains.
Concerning the social dimensions the company is totally fulfilling the mission statement because they are trying to enhance the social life for community, local, national, and international. For example, the B & J donate 7.5% of its pretax earnings to various social foundations and community action groups. The company also supported causes such as green peace international and Vietnam veterans of America foundation by signing petitions and recruiting volunteers from its staff and public.

2- B & J

You May Also Find These Documents Helpful

  • Powerful Essays

    Mg375 Midterm Study Guide

    • 2949 Words
    • 12 Pages

    * Social: pertains to fair and beneficial business practices toward labor, the community, and the region in which a firm conducts is business…

    • 2949 Words
    • 12 Pages
    Powerful Essays
  • Better Essays

    The financial position of Ben and Jerry’s with see nothing but growth and greater financial gain potentials. This is simply by expanding their business to the ice cream truck business. Strategically their existing product lines will compete with the private-in house brands offered by supermarkets. The company will be able to offer their health conscious products to all people at their front doors without the customers…

    • 1882 Words
    • 9 Pages
    Better Essays
  • Good Essays

    Mkt 301 Exam 1 Study Guide

    • 1313 Words
    • 6 Pages

    Societal: The organization exists to satisfy customer needs and wants while enhancing individual and societal well-being.…

    • 1313 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Ben And Jerry's Timeline

    • 917 Words
    • 4 Pages

    Ben & Jerry's Homemade, Inc. is a leading manufacturer of super premium ice cream, frozen yogurt and sorbet in unique and regular flavors. The Ice Cream Company embraces a philosophy of being real and "down to earth", being humorous and having fun, being non-traditional and alternative and, at times, being activists around progressive values. Co-founders, Ben Cohen and Jerry Greenfield, have been seen as role models for running a business that is both profitable and socially responsible and committed to using only natural ingredients in its products. With flavors like Cherry Garcia, Chubby Hubby, Chunky Monkey, Phish Food, and Rainforest Crunch its no wonder that they are known as the "Woodstock of ice cream".…

    • 917 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Ben and Jerry's

    • 1454 Words
    • 6 Pages

    Ben and Jerry 's ice cream and the amazing success the company has experience over the years could be loosely summed up as a story that began with two friends coming together with a vision to create a company that did not adhere to the traditional corporate rules of running a business. They both had certain ideals and a socially and economic responsible opinion on how a capitalist business should be run. There are a lot of similarities in the way this company is run and operated when compared to South West Airlines. They are of course offering two different things to there customers, South West providing a service where Ben and Jerry 's are providing a product but the way that they go about there daily business in the spirit of treating people a certain way, and setting out to complete a different kind of vision then say a more traditional company would is very similar.…

    • 1454 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Ben & Jerry Case

    • 780 Words
    • 4 Pages

    Ben & Jerry's strategic position is to offer an all natural approach in the preparation of their super premium ice cream. Through the use of pure, natural, and socially conscious products, Ben & Jerry's positions its products as high quality with unique flavors which ultimately differentiates it from the competition. They market their products through cause generated marketing , practicing social consciousness to present the values and goals of the company. Ben and Jerry's maintains a full-time research and development team dedicated to the development of original and unique cutting edge flavors. Ben & Jerry's strongly emphasizes taste as a differentiator of its product from its competitors through its use of pure, natural and socially conscious milk from Vermont dairy farmers and aggressively promotes its products' purity on its packaging. Their products are distributed through the media of supermarkets, grocery stores, convenience stores and restaurants that demonstrates corporate consciousness.…

    • 780 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    Unit 37 Task M1

    • 1489 Words
    • 4 Pages

    Ben and Jerry’s take on corporate social responsibilities, taking action to achieve more desired goals to expand their business growth and also maintaining open line communication with employees to gain a better outcome.…

    • 1489 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    Social responsibility is a form of corporate self-management that tightly integrates into the business model and operations of an organization. In practice, social responsibility encourages personnel at all levels of the company to not only consider the method of revenue generation, but that the supporting activities are performed in a manner consistent with social and ethical concerns (Feigenbaum, 2013).…

    • 2665 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    A mission statement is defined as “a statement of organization’s function in society, often identifying its customers, markets, products and technologies” (BOOK). Thus, the company Ben and Jerry’s has three individual mission statements: product, economic and social (“Our Values”). Furthermore, the product mission statement describes how the company aims to create good quality ice cream that impacts the earth and environment minimally (“Our Values”). Moreover, the economic mission statement is about creating an environment which benefits the company, stakeholders and the employees (“Our Values”). Lastly, the social mission statement explains how the company will “improve the quality of life locally, nationally and international” (“Our Values”).…

    • 136 Words
    • 1 Page
    Good Essays
  • Better Essays

    Consumers are going to most likely use or purchase a product from a company that social ties in the communities or globally. Ben and Jerry’s Ice Cream, Inc. is an example of a company with social responsibility. Ben and Jerry’s company, social mission benefits many of their stakeholders like their employees, and community not just their shareholders. Ben and Jerry’s company belief in “linked prosperity” that as the company grows the owners are going to share the wealth with not only their share holder but the community and employees (“Who are We”, 2013). Ben and Jerry’s was the first company to publicly issue, an annual social performance report (“The Journal of Applied Business Research”2013).In the mid 80’s, the company started a public stock to support the growth of the company, Ben and Jerry’s created a Ben and Jerry’s Foundation which Ben donated 50,000 shares and board of director commits about 7.5% of the pretax profit from the company annual profit to the foundation(“Who are We”,2013). The main goal of the foundation was to give away the profit that Ben and Jerry’s ice cream company generated. Later on the Ben and Jerry’s had major change in the ownership structure and now is owned by Unilver. However, even with new ownership the foundation still gains support from Unilver to continue to foundation fund the grants. The Ben and Jerry’s foundation receive about 2 million dollars in 2009 from Unviler. Ben and…

    • 1517 Words
    • 7 Pages
    Better Essays
  • Good Essays

    Social responsible allows business to create a positive relationship with the community and also then environment within their operation.…

    • 857 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Ben and Jerry’s is known for having strong corporate social responsibility. The Ben & Jerry’s Foundation, a separate entity from the Company, was established in 1985 through a donation of stock in Ben & Jerry’s Homemade, Inc. Its mission is to make the world a better place by empowering Ben & Jerry’s employees to use available resources to support and encourage organizations that are working towards eliminating the underlying causes of environmental and social problems. (Ben and Jerry’s) However, Ben and Jerry’s has a business leadership challenge of prioritizing the social issues that the foundation supports.…

    • 540 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    guide reading

    • 403 Words
    • 2 Pages

    1. Nowadays, businessmen believe that business is not only concerned with profits but also with promoting desirable “social” ends, such as providing employment, avoiding pollution, preventing inflation and so on. The problem is whether the corporation should pay more money on social activities.…

    • 403 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Ben and Jerrys is marketed as a fun brand. It aims to try and attract younger people than Haagen-Dazs. This is shown by the names of its ice cream flavours and also by the design of the packet.…

    • 951 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    It was obvious from the findings I got from my management research that this is a company that operates from “gut-feeling” as opposed to being a consumer-orientated firm and that they are situated in a densely populated market whose type of environment is a “Volume Business”. In addition to this, even though P&P is the market leader in ice cream in general, as well as, the market leader in bulk and family ice cream, their individual ice cream line has only 19% of the market share.…

    • 23298 Words
    • 94 Pages
    Powerful Essays

Related Topics