CASE STUDY The Timberland Company: Challenges and Opportunities The Timberland Company‚ headquartered in Stratham‚ New Hampshire‚ makes and markets footwear‚ apparel‚ and accessories. Its footwear includes hiking boots‚ boat shoes‚ sandals‚ outdoor casual footwear‚ and dress shoes. The apparel line includes socks‚ shirts‚ pants‚ and outerwear‚ whereas accessories involve such products as watches‚ sunglasses‚ and belts. Timberland sells its products around the world through department stores
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Economic Analysis History of Timberland The birth of "Timberland" begins with Nathan Swartz‚ a young boot making apprentice stitcher ’ in 1918. At ten years of age the owner of the Abington Shoe Company took a chance and hired a much-needed young helper to learn the craft of boot making. Nathan ’s job responsibilities included stitching seams‚ cutting leather‚ attaching soles and perfecting the art of boot making. Thrity-four years later‚ Nathan furthered his interest in boot making by purchasing
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Timberland Case Summary: This case gives us an overall understanding of the Timberland Company in a nutshell. We capture and understanding of what Timberland stands. We receive brief historical background such as when and why it was created and also how. Timberland has committed to positivity‚ charities‚ and making the world a better place. Also‚ Timberland has grown and succeeded as a company‚ with its employees‚ and also is philanthropy. Timberland is definitely on a great path to service.
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1. List the key points of the case and why the author considers them important lessons. According to Jeffrey Hollender‚ the key issues that a company must address to become socially responsible are: 1. Values: Develop a clear set of values and operating principles that every employee or member of the company takes to heart. 2. Commitment from the top of the company: As mentioned earlier‚ this is basic because if the top managers are not willing to be open and honest about their company’s
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SOCIAL RESPONSIBILITY Business must embrace social responsibility as a requirement‚ a duty in the present world as business has a huge impact on the society and the environment. To work responsibly and ethically should be the values of a business because social responsibility can be directly associated with a good profitable business. Social responsibility creates a win-win situation for a business organization. First and foremost it must be stressed that social responsibility is a must for all
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Social Responsibility & Diversity (EGYPT’S KING OF HEARTS) Introduction As a general manager at the Central Auditing Organization (C.A.O); the supreme Auditing firm responsible for auditing ministries‚ public institutions‚ non for profit organizations and any other entity assigned to the C.A.O by the high authorities‚ I found In
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manner. 2 A CASE STUDY OF CORPORATE SOCIAL RESPONSIBILITY: A SUSTAINABLE TOOL OF COMPANIES’ DEVELOPMENT IN VIETNAM By HOANG THUY HANG October 2011 Supervisor: Dr. PHAM DUC HIEU ABSTRACT With the increasing effects of ASEAN over the world‚ Vietnam is an ideal market for corporations. Furthermore‚ becoming the member of WTO since 2007 is an opportunity as well as the threats for local companies. Following the globalization trend‚ corporate social responsibility (CSR) has been the
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In recent times‚ there has been huge concern on the issue of ethical leadership in the corporate world. Researchers have increasingly shifted their attention towards identifying what could be driving costly unethical behaviour in organizations. Organizations leadership stresses short-term result while disregarding the long-term implications of their actions. The result has been scandals and accounting frauds. Companies such as Enron‚ WorldCom (Knights and O’Leary‚ 2005)‚ and Nortel executives (manipulating
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NIKE AND ITS APPROACH TO CORPORATE RESPONSIBILITY Nike is building a new approach to corporate responsibility (CR) that consider how it can harness the power of its business to influence social and environmental change‚ and the power of that change to help its business grow. Nike is made up of many smaller business units as well as functions‚ regions‚ distinct profit and loss centres and the like. As of 2006‚ its over acting goal was to see each and every business unit incorporating CR goals into
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Explain how Social Responsibility’s conceptions of freedom‚ morality and duty differ from those of libertarian theory. Which theory fits your understanding better and why? Firstly‚ social responsibility gives enough freedom to the media. However‚ expect it to act responsibly in its news report‚ act as watchdog to the society. Secondly‚ social responsibility theory mainly leads itself in a free circumstance of media area but there is a limitation to show its duty. Social responsibility requires the
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