Crushendae Campbell Understanding business ethics Definition: Primark CSR policy employees have equal opportunities based on merit: suppliers are treated fairly local communities are respected and supported by Primark the company takes its environmental responsibilities seriously CSR - CSR is a process with the aim to embrace responsibility for the company’s actions and encourage a positive impact through its activities on the environment‚ consumers‚ employees‚ communities‚ stakeholders
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assess and put my views across towards how Primark could improve its operations ethically. • The manufactures poor working conditions in the factors in Bangladesh where the cloths are made. • Child labour • Low wages for the workers I feel that after careful consideration it is important that the ethical issues for Primark that are listed above are addressed from a different angle to see if there are changes that can be made to improve Primark ethically. Poor working conditions
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TOPIC CHOSEN The Research and Analysis Project report is written based on the Topic: The business and financial performance of Primark stores limited over the three year period 2007 to 2009. This report highlights more on the operations‚ strategy‚ business and financial performance of Primark stores limited. This is written in comparison to one of its competitors‚ BHS Limited. REASON FOR CHOOSING THIS TOPIC The reason why I have chosen this topic is that‚ as a student accountant‚ business and
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Discuss the problems Primark might have moving form a low cost strategy to a differentiation strategy 15 One problem Primark may have moving from a low cost strategy to a differentiation strategy is problems in changing their brand perception. Primark’s motto “look good‚ pay less”- will be heavily affected‚ by increasing prices it will have a direct impact of its motto and mission statement - “enrich the life of everyone with fashionable clothing regardless of social status”. Primark will have to adapt
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organisational behaviour are influenced by the structure of the organisation. As we have seen Primark operates a carbon copy bureaucracy‚ therefore when concentrating on the individual Belfast store‚ a machine bureaucracy is easily identified. This highly bureaucratic structure can affect a company in many ways‚ but this section focuses on the relationship between structure and motivation. We studied how Primark motivates and how it fails to motivate its employees and how the machine bureaucracy impacts
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COMPANY HISTORY Primark is one of the biggest retailers in the UK. In 1969‚ as a first Penneys store‚ it is opened in Dublin. Then in 1971 first largest shop opened outside the Dublin. These were the beginning of the Primark. 1973 was the first entry of Primark in to London. It has a good reputation and good customer service since it was started. INTRODUCTION Even though Primark has a long history and strategies‚ we briefly explain here about the strategies of Primark in the period of 2007
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chosen organisation‚ which is Primark‚ uses ethical issues to consider in its every day operational activities. Primark may not have some ethical issues that I will be discussing about in this report‚ but I will talk in detail about how they could use them‚ issues in their business. I will be explaining how Primark’s way of selling affects ethical issues and will be discussing about the things they need to be aware of whilst selling their clothes. The Environment: Primark were doing very well whilst
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countries other than the UK where they are originally based. In context to the case Primark have already opened their first outlets in Germany and Portugal‚ as well as opening a branch in Barcelona. The consequence of Primark using market development they have new stores‚ they are expanding successfully and have improved demand at existing shops meaning that sales were up by 20%. Market development has definitely helped Primark become more of a success; this is because it is helping them achieve their corporate
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Primark have had numerous negative ethical issues in their lifespan. Significant problems started to arise in 2005 when Primark scored the lowest of all leading clothing chains in the UK scoring a very low 3.5 out of 20 on the Ethical Index. This index ranks companies based on their overall ethics including criteria such as worker’s rights. Primark were strongly blasted for this low score and to regain its now damaged reputation‚ Primark decided to join the Ethical Trading Initiative (ETI)‚ a NGO
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are and I will also explain how each of these stakeholders is affective by Primark unethical activities. I will now discuss how these stakeholders are affected positively or negatively by Primark’s unethical practices. Customers: Although Primark produces in Bangladesh and India‚ their main customer base is in Europe. Customers point of view is to buy products that are cheap and of good quality. Without the customers‚ Primark as a company would not survive because in all situations‚ customers are
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