Surf’s Up at Patagonia. Question 1) Patagonia stresses the importance of hiring employees with passion- a passion for anything‚ not just sports. Why do they place such importance on passion? Why would they think that someone with a passion for something unrelated to sports (i.e. cooking) might be an excellent employee for their company? Answer. HRM department of any firm would desire the best employees while recruiting. It is because money and most importantly time is used up in training them.
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Gavin Elznic Intro to Business Donna D’Costa Patagonia Shines During Recession Patagonia was successful throughout the recession because of their loyalty. They stayed loyal to making environmental friendly products. This helped them greatly throughout the depression because those staying loyal also meant that the customers would stay loyal to the company. The customers would keep paying for the product because it was durable‚ environmentally friendly‚ and getting what one is paying for. Also
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One company that has always had its hand in ensuring that their products are economically‚ ethically‚ and socially responsible is Patagonia. Patagonia is one of the leading brands for outdoor gear and apparel throughout the world. Patagonia is the founding member of the FLA or Fair Labor Association.1 The fair labor association ensures that every level of the supply chain compensates employees fairly‚ provides fair working conditions
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businesses do not take into consideration the need to uphold their social responsibilities. Patagonia does outsource its production to other countries. This company is not only considering discounted labor. They do take into account the working conditions of its employees. Also‚ they take into consideration the conditions of the factory. They do manage to care for the employees and their well-being. What if Patagonia did not care for the health of their workers? Who would be responsible for ensuring
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We chose Patagonia‚ Inc. as our company. Patagonia is a Ventura‚ California-based clothing company that was found in 1973 by Yvon Chouinard. The company focuses mainly on high-end outdoor clothing. They started with a strong emphasis on sustainable materials and products‚ offering a wide range of products which are geared towards individuals that are environmentally conscious outdoorsmen. We are interested in this company due to their consistency in producing environmental friendly products. For
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engineering to leave a positive global impact. I view Patagonia as a pioneer in the retail industry‚ leading the charge not only on sustainable business practices‚ but also a company that is stranding up for environmental causes all over the world. I see Patagonia as a vehicle were I can purse my life’s mission by being surrounded with so many passionate individuals‚ who I can learn and grow from. I never want to stop growing and learning and I see Patagonia as the epicenter of sustainable business practices
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Business‚ Economics and Statistics Business Strategy Winter Semester 2014 Group assignment Patagonia and the outdoor apparel industry Vienna 5th of December Analysis of outdoor apparel industry Outdoor apparel is a rapidly growing segment of the global sport clothes market‚ which develops technologically in an ongoing way. One of the leaders on this market is an american apparel brand Patagonia‚ which was established in 1972. This company produces high-performance‚ but fully non-hazardous
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operate in ways to secure long-term economic performance by avoiding short-term behavior that is socially detrimental or environmentally wasteful. They do this all while keeping their quality high and having their core consumers in mind. Activities Patagonia employs to support the customer’s willingness to pay: Suppliers & Resources Works closely with suppliers To create the technical innovations required Collaborates with fabric and fiber producers to create superior fabrics Does not buy commodity
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When it comes to corporate social responsibility (CSR)‚ Patagonia is the pioneer and poster child. Patagonia has found distinct ways to integrate product function with environmental values. Their business model raises a lot of money for environmental causes and their technological innovation reduces the environmental impact of their products. Since 1986 they have donated 10% of profits or 1% of sales‚ whichever is greater‚ to environmental efforts‚ and employees can take up to two
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on Monday‚ Nov 29/10 ____________________________________________________________ ___________________ Patagonia Clothing Company Watch this video: http://www.youtube.com/watch?v=O3TwULu-Wjw Answer these questions: 1. What series of events caused Yvon Chouinard‚ the CEO of Patagonia‚ to switch to using organic cotton in their manufacturing facilities? 2. Patagonia stresses the importance of hiring employees with passion – a passion for anything‚ not just sports. Why do they
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