Corporate Social Responsibility task 3 1
Corporate Social Responsibility task 3
Using my research and the information I have gathered on my 3 business, the John Lewis partnership, McDonalds and ASDA, I am now going to evaluate the effect these businesses have on their local community and decide how they benefit and impact the community. John Lewis Partnership
The John Lewis Partnership is probably the business that has the best impact over all as it focusses on promoting what it has done to increase its CSR. One thing it has done is source a lot of its products from local suppliers e.g. All Waitrose fresh chicken, beef and pork, bacon, duck and goose are sourced from the UK which helps local communities as it increases the profits of the local suppliers and allows them to expand which allows them to increase their workforce. Increasing the suppliers workforce helps the community as it decreases unemployment rates and increases the amount of money that stays in the community. This is very important to local communities as usually 95% of a business’s income is taken away from the local community but by altering its supply methods and improving its employee bonuses John Lewis removes a lot less.
Another way the John Lewis Partnership has had a positive impact on the local community is through its employee bonuses which are substantially larger than most other supermarkets. This helps the local community as it gives the employees more disposable income which is likely to be spent in the local community. It also helps employees to maintain financial stability through the Christmas period which would help the community as there would not be as many community members in debt after Christmas.
The John Lewis Partnership has also helped the local community through its community matters scheme which offers its employees the opportunity to work with the community on local projects. This combined with their investment of £11 million into the local community has benefited their local communities a lot. This helps
Using my research and the information I have gathered on my 3 business, the John Lewis partnership, McDonalds and ASDA, I am now going to evaluate the effect these businesses have on their local community and decide how they benefit and impact the community. John Lewis Partnership
The John Lewis Partnership is probably the business that has the best impact over all as it focusses on promoting what it has done to increase its CSR. One thing it has done is source a lot of its products from local suppliers e.g. All Waitrose fresh chicken, beef and pork, bacon, duck and goose are sourced from the UK which helps local communities as it increases the profits of the local suppliers and allows them to expand which allows them to increase their workforce. Increasing the suppliers workforce helps the community as it decreases unemployment rates and increases the amount of money that stays in the community. This is very important to local communities as usually 95% of a business’s income is taken away from the local community but by altering its supply methods and improving its employee bonuses John Lewis removes a lot less.
Another way the John Lewis Partnership has had a positive impact on the local community is through its employee bonuses which are substantially larger than most other supermarkets. This helps the local community as it gives the employees more disposable income which is likely to be spent in the local community. It also helps employees to maintain financial stability through the Christmas period which would help the community as there would not be as many community members in debt after Christmas.
The John Lewis Partnership has also helped the local community through its community matters scheme which offers its employees the opportunity to work with the community on local projects. This combined with their investment of £11 million into the local community has benefited their local communities a lot. This helps