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Chapter 10: Business Ethics, Social Responsibility, and
Environmental Sustainability
Learning Objectives:
1. Explain why good ethics is good business in strategic
management.
2. Explain why whistle-blowing, bribery, and workplace
romance are strategic issues.
3. Discuss why social responsibility and policy are key issues in
strategic planning.
4. Discuss the nature of environmental sustainability and why it
is a key issue in strategic planning.
5. Explain why animal welfare is a strategic issue for firms
Chapter 11: Global and International Issues
Learning Objectives:
1. Discuss the nature of doing business globally, including
language and labor union issues.
2. Explain the advantages and disadvantages of doing business
globally.
3. Discuss the global challenge facing firms and why this is a
strategic issue.
4. Discuss tax rates and tax inversions as strategic issues.
5. Compare and contrast American business culture versus
foreign business cultures; explain why this is a strategic issue.
6. Discuss the business culture found in Mexico, Japan, China,
and India; explain why this is a strategic issue.
7. Discuss the business climate in Africa, China, Indonesia,
India, Japan, Mexico, and Vietnam; explain why this is a
strategic issue.
Initial Postings: Read and reflect on the assigned readings for
the week. Then post what you thought was the most important
concept(s), method(s), term(s), and/or any other thing that you
felt was worthy of your understanding in each assigned textbook
chapter.Your initial post should be based upon the assigned
reading for the week, so the textbook should be a source listed
in your reference section and cited within the body of the text.
Other sources are not required but feel free to use them if they
aid in your discussion.
Also, provide a graduate-level response to each of the following
questions:
i. Chick-fil-A is closed on Sundays. Is that wise management or
irresponsible activism? Discuss.
ii. Do some research on New Zealand to determine whether you
agree that the country merits its #1 ranking globally in
attractiveness for doing business.
Website http://www.doingbusiness.org/data/exploreeconomies/n
ew-zealand
[Your post must be substantive and demonstrate insight gained
from the course material. Postings must be in the student's own
words - do not provide quotes!]
[Your initial post should be at least 450+ words and in APA
format (including Times New Roman with font size 12 and
double spaced). Post the actual body of your paper in the
discussion thread then attach a Word version of the paper for
APA review]
Overall submission requirements –
1. discussion needs two chapters overview or any topic
discussion in your own words
2. Add your answers to the questions highlighted in yellow to
the discussion post
3. Total 500 words, apa format, no plagiarism and verbatim
4. Two peer reviews with 200 words each
Student 1
This week’s chapter readings outlined business ethics, social
responsibility, and environmental sustainability within a firm
and the importance each plays in building its brand, balancing
its resources and increasing productivity to build a sustainable
firm. Business ethics are specific guidelines that are
established by a firm or organization that leads to good
decision-making. Social responsibility is that each employee
works to better the environment and society as a whole.
Environmental sustainability is the firm or organizations
commitment to conserve resources and protect the environment.
Firms and organizations must develop a framework that
incorporates these strategic issues as they are all interrelated
and can have a major impact on the success of a company.
A firm or organization’s ability to
globalize their business will allow the company to provide the
highest value of products or services to customers at the lowest
cost possible. According to David et al. (2020), the
underpinnings of strategic management hinge on managers
gaining an understanding of competitors, markets, prices,
suppliers, distributors, governments, creditors, shareholders,
and customers worldwide. Firms must concentrate on the key
factors expressed by David et al. (2020), and formulate a global
strategy which encompasses designing, producing, and
marketing products with global needs in mind. Multinational
firms experience many threats and challenges as the number of
products and geographical areas increase. There are advantages
to doing business globally such as gaining a new customer base
for the products sold, reduced tariffs, lower taxes, and favorable
political treatment, and economies of scale can be achieved
from operation in global rather than just domestic markets
(David et al. 2020). Some disadvantages to doing business
globally are language, culture, and value systems differ across
countries which could create communication and management
barriers, dealing with two or more monetary systems can
complicate international business operations, and weaknesses in
foreign countries are underestimated with respect to the number
of competitors and the products they are offering (David et al.
2020).
Tax rates were also discussed and how
this plays an important role in strategic decisions that are made
regarding where to build facilities. High taxes can deter a firm
or organization from entering the market because the cost would
outweigh the benefit of building manufacturing plants or
acquire other firms in such areas. Firms should conduct a
thorough analysis before deciding to globalize and venture into
these markets.
Has Chick-fil-A made a wise management decision being closed
on Sundays?
Chick-fil-A has made both a personal
and religious decision to be closed on Sunday which in my
opinion has worked well for this firm. Chick-fil-A is open six
out of seven days and upper-management believes it is more
about the use of time. They use a simple strategy that is to
compete and win by focusing on top talent, system dependent,
operational excellence, and community impact (Chick-fil-A
2021). Chick-fil-A lives out their core values which are
purpose driven, to have each other’s back, go home or go hard,
good stewards, and to pursue excellence (Chick-fil-A 2021).
According to David et al. (2020), Chick-fil-A surpassed
Kentucky Fried Chicken (KFC) as the largest chicken quick
service restaurant in the United States. Chick-fil-A currently
has around 2,000 stores compared to 4,500 KFC stores. This
indicates that Chick-fil-A has made a wise business move and
therefore, the need to be open on Sunday is not necessary.
Chick-fil-A is privately held company with three shares of stock
among the owner, Samuel Truett Cathy. If Chick-fil-A decided
to go public and sold shares this could cause decisions to be
made, such as opening on Sundays, against the current owners
beliefs. Chick-fil-A has implemented strategic planning which
leads to better overall strategic decision making.
Does New Zealand merit its # 1 ranking globally in
attractiveness for doing business?
New Zealand has made its mark as
being rated #1 for doing business on a global scale mainly
because of its economic stability, potential for growth, and the
ease of doing business with regulators. New Zealand has
developed excellent relationships with the Asia Pacific region
which has ended in a successful market and the attractiveness
for businesses to invest and build in this area. New Zealand’s
economy allows for the support of entrepreneurship.
Regulations depend on the business structure whether it is a
company, sole trader, or partnership. According to the New
Zealand Companies Office (2021), the Companies Act of 1993
forms the core of the corporate regulatory system and provides
many functions to assist businesses. There are other countries
that rank close to New Zealand, including Switzerland due to
their economic and political stability and Canada because of its
location and trade freedom, but New Zealand outlines for
consumers specific steps that need to be taken to conduct
business in this country. After reviewing over the economy
profile report 2020, New Zealand appears to be very transparent
in their requirements which allows investors to feel more
assured when making strategic business decisions. New
Zealand must continue to think in new and innovative ways to
advance their economic potential and keep their competitive
advantage in the coming years.
References
Chick-fil-A (2021). Retrieved
from https://www.chanhassencfa.com/sundays
Chick-fil-A (2021). Retrieved
from https://www.cfahollywood.com/who-we-are
David, Fred R., David, Forest R. and David, Meredith E.
(2020). Strategic management: A Competitive Advantage
Approach, Concepts and Cases (17th Edition). Pearson.
New Zealand GDP – Gross National Product (2021). Retrieved
from https://countryeconomy.com/gdp/new-zealand
New Zealand Companies Office (2021). Corporate regulation in
New Zealand. https://www.companiesoffice.govt.nz/about-
us/corporate-regulation-in-new-zealand/
Moore, Barry D. (2021). 5 Ways to profit from Chick-fil-A
Stock. Retrieved
fromhttps://www.liberatedstocktrader.com/chick-fil-a-stock/
Student 2
Ethical Progress
When a company chooses to launch itself into a given target
market, they must make a decision regarding moral foundations.
Many companies choose to support whatever the majority of the
given market favors; however, this is not always the best
decision. The world has become more inherently corrupt over
the course of time, and agreeing with the majority over the
minority may result in unethical behavior. Before deciding to
take a stance upon popular topics, a company needs to evaluate
its moral standpoints in terms of being honest. Honesty causes
success to thrive. A company may be successful for a short
period of time by bending rules in order to gain leverage over
competitors, yet immoral business conduct will be brought into
view in its due time. A new company should adhere to proper
moral conduct in order to achieve profit.
Chick-fil-A is widely known as a prime example in the realm of
company standpoint influencing sales. The company is a
Christian-based fast food chain that emphasizes quality service
to every customer. During the previous pride movement, this
brand encountered much negativity provided by media;
however, the company stood firm on its Christian morals. The
company experienced more success that year than in any other
year because of its loyal customer base. In this case, Chick-fil-
A maintained its profitability by staying true to its values.
Another controversy that occurred was the brand’s decision to
remain closed on Sundays. The Christian faith has a large
emphasis upon exercising a sabbath on a weekly basis. The
company closes in order to provide employees with the
opportunity to attend church and rest. This is considered wise
management in contrast to irresponsible activism because the
decision correlates directly with the company’s Christian
foundation. The company is also much more successful than
many other fast food chains that are open everyday of the week.
If the company were to open on Sunday’s, Chick-fil-A would
risk losing its loyal Christian consumers that respect the
company for allowing employees to attend church on Sundays.
Strategies for Success
Economy is also a major factor when determining how
successful a business can be over a period of time. International
trade cannot thrive without a healthy economy. Many countries
gain success from their ability to trade with their international
counterparts. New Zealand is one example of how international
trade can cause a great amount of success. The reason why New
Zealand is ranked as a highly attractive business location is due
to their successful economy and reliable outputs. A company
with low rapport will be viewed as less attractive in terms of
trade. Rapport is built upon honesty and loyalty. A company
that does not honor their agreements risks losing trust among
other countries. An example concerning potential unethical
behavior includes a breach that may result in loss of businesses.
A breach encompasses bribery or an action similar to this type
of persuasion. If a company is aware that a country uses
dishonesty is order to achieve profit, the company will be less
likely to choose that country as a trade partner (David, 2020,
pp. 304-305). New Zealand’s international trade is doing so
well because of the country’s good rapport with other nations.
Because of this connection with other nations, New Zealand’s
economy has also expanded which has caused the country to
flourish in many categories. A country that displays honesty and
loyalty has a better chance of sustaining international relations.
References
David, Fred (2020). Strategic Management. Boston, MA:
Pearson Inc.
Chapter
10:
Business
Ethics,
Social
Responsibility,
and
Environmental
Sustainability
Learning
Objectives:
1.
Explain
why
good
ethics
is
good
business
in
strategic
management.
2.
Explain
why
whistle
-
blowing,
bribery,
and
workplace
romance
are
strategic
issues.
3.
Discuss
why
social
responsibility
and
policy
are
key
issues
in
strategic
planning.
4.
Discuss
the
nature
of
environmental
sustainability
and
why
it
is
a
key
issue
in
strategic
planning.
5.
Explain
why
animal
welfare
is
a
strategic
issue
for
firms
Chapte
r
11:
Global
and
International
Issues
Learning
Objectives:
1.
Discuss
the
nature
of
doing
business
globally,
including
language
and
labor
union
issues.
2.
Explain
the
advantages
and
disadvantages
of
doing
business
globally.
3.
Discuss
the
global
challenge
facing
fi
rms
and
why
this
is
a
strategic
issue.
4.
Discuss
tax
rates
and
tax
inversions
as
strategic
issues.
5.
Compare
and
contrast
American
business
culture
versus
foreign
business
cultures;
explain
why
this
is
a
strategic
issue.
6.
Discuss
the
business
culture
found
in
M
exico,
Japan,
China,
and
India;
explain
why
this
is
a
strategic
issue.
7.
Discuss
the
business
climate
in
Africa,
China,
Indonesia,
India,
Japan,
Mexico,
and
Vietnam;
explain
why
this
is
a
strategic
issue.
Initial
Postings:
Read
and
reflect
on
the
assigned
readings
for
the
week.
Then
post
what
you
thought
was
the
most
important
concept(s),
method(s),
term(s),
and/or
any
other
thing
that
you
felt
was
worthy
of
your
understanding
in
each
assigned
textbook
chapter.Your
initial
post
should
be
based
upon
the
assigned
reading
for
the
week,
so
the
textbook
should
be
a
source
listed
in
your
reference
section
and
cited
within
the
body
of
the
text.
Other
sources
are
not
required
but
feel
free
to
use
them
if
they
aid
in
your
discussion.
Also,
provide
a
graduate
-
level
response
to
each
of
the
following
questions:
i.
Chick
-
fil
-
A
is
closed
on
Sundays.
Is
that
wise
management
or
irresponsible
activism?
Discuss.
ii.
Do
some
research
on
New
Zealand
to
determine
whether
you
agree
that
the
country
merits
its
#1
ranking
globally
in
attractiveness
for
doing
business.
Website
http://www.doingbusiness.org/data/exploreeconomies/new
-
zealand
[Your
post
must
be
substanti
ve
and
demonstrate
insight
gained
from
the
course
material.
P
ostings
must
be
in
the
student's
own
words
-
do
not
provide
quotes
!
]
[Your
initial
post
should
be
at
least
450+
words
and
in
APA
format
(including
Times
New
Roman
with
font
size
12
and
double
spaced).
Post
the
actual
body
of
your
paper
in
the
discussion
thread
then
attach
a
Word
version
of
the
paper
for
APA
review]
Overall submission requirements
–
1.
discussion needs two chapters overview or any topic discussion
in your own words
2.
Add you
r answers to the questions highlighted in yellow to the
discussion post
3.
Total 500 words, apa format, no plagiarism and verbatim
4.
Two peer reviews with 200 words each
Chapter 10: Business Ethics, Social Responsibility, and
Environmental Sustainability
Learning Objectives:
1. Explain why good ethics is good business in strategic
management.
2. Explain why whistle-blowing, bribery, and workplace
romance are strategic issues.
3. Discuss why social responsibility and policy are key issues in
strategic planning.
4. Discuss the nature of environmental sustainability and why it
is a key issue in strategic planning.
5. Explain why animal welfare is a strategic issue for firms
Chapter 11: Global and International Issues
Learning Objectives:
1. Discuss the nature of doing business globally, including
language and labor union issues.
2. Explain the advantages and disadvantages of doing business
globally.
3. Discuss the global challenge facing firms and why this is a
strategic issue.
4. Discuss tax rates and tax inversions as strategic issues.
5. Compare and contrast American business culture versus
foreign business cultures; explain why
this is a strategic issue.
6. Discuss the business culture found in Mexico, Japan, China,
and India; explain why this is a
strategic issue.
7. Discuss the business climate in Africa, China, Indonesia,
India, Japan, Mexico, and Vietnam;
explain why this is a strategic issue.
Initial Postings: Read and reflect on the assigned readings for
the week. Then post what you thought
was the most important concept(s), method(s), term(s), and/or
any other thing that you felt was worthy of
your understanding in each assigned textbook chapter.Your
initial post should be based upon the
assigned reading for the week, so the textbook should be a
source listed in your reference section and
cited within the body of the text. Other sources are not required
but feel free to use them if they aid in
your discussion.
Also, provide a graduate-level response to each of the following
questions:
i. Chick-fil-A is closed on Sundays. Is that wise management or
irresponsible activism? Discuss.
ii. Do some research on New Zealand to determine whether you
agree that the country merits its #1
ranking globally in attractiveness for doing business.
Website
http://www.doingbusiness.org/data/exploreeconomies/new-
zealand
[Your post must be substantive and demonstrate insight gained
from the course material. Postings must
be in the student's own words - do not provide quotes!]
[Your initial post should be at least 450+ words and in APA
format (including Times New Roman with
font size 12 and double spaced). Post the actual body of your
paper in the discussion thread then attach
a Word version of the paper for APA review]
Overall submission requirements –
1. discussion needs two chapters overview or any topic
discussion in your own words
2. Add your answers to the questions highlighted in yellow to
the discussion post
3. Total 500 words, apa format, no plagiarism and verbatim
4. Two peer reviews with 200 words each
Discussion Forum
Go to the end of Chapter 10 and do Exercise 10A "Is Coca-Cola
or PepsiCo's Sustainability Report Better?" Complete all the
steps (one-page minimum assignment). After submitting your
report in the discussion forum for this week, type at least two
peer replies (200-word minimum each). As a class, attempt to
make a decision as to which company wins.
Text -
Fred R David, F. R. (2019). Strategic Management: A
Competitive Advantage Approach, Concepts and Cases, 17th
edition. Pearson.
Chapter 10. Business Ethics, Environmental Sustainability, and
Corporate Social Responsibility
Chapter 11. Global and International Issues
Answer the question in APA format, NO plagiarism, need two
peer responses
Student 1
Which firm has a better sustainability report, Coca-Cola or
PepsiCo?
The Coca-Cola environmental and social governance
report 2020, identified at least six key strategies and goals that
Coca-Cola is actively working to achieve. The report outlined
many initiatives and steps the company has taken to fulfill their
role in business ethics, social responsibility, and sustainability
efforts to ensure a competitive advantage. The six best
initiatives on this report were water reduction, healthy choices,
a world without waste, reducing carbon footprint, diversity,
equity, and inclusion, and enabling women.
Water reduction has been a key initiative for the Coca-
Cola Company and according to the Coca-Cola governance 2020
report, Coca-Cola has met or exceeded the replenish goal over
the past six years. Coca-Cola describes their 2030 water
strategy as a strategy that will increase water security in all
areas where they touch people’s lives through operations,
source ingredients and through product packaging. These are
all important aspects of being committed and working towards
improvement of the environment.
Healthy choices are another area Coca-Cola is trying to
improve upon with offering wide range of beverage options,
including coffee, tea, dairy, juices, and water. Coca-Cola is
committed to reducing sugar and adding healthier nutritious
beverage alternatives. Coca-Cola understands people are
becoming more health conscious about what they choose to
consume, which means providing alternative options and
reducing sugar are targeting a different consumer base which
will increase revenue.
World without waste initiative is one that encompasses
many goals, mainly reducing plastic waste by creating more
sustainable packaging and by collecting and recycling a bottle
or can for each one sold by 2030 (Coca-Cola, 2020). Coca-Cola
plan on making 100% of its packaging recyclable on a global
scale by 2025. They have partnered together with Ocean
Cleanup to intercept plastic waste before it enters the ocean
which demonstrates their commitment to a better environment.
Coca-Cola is trying to reduce their carbon footprint
which means increasing their water efficiency. According to
Coca-Cola Social Governance Report (2020), Coca-Cola has
improved water usage over the past 10 years. Coca-Cola is
focused on packaging design, recycling initiatives, and
partnering with others in support of a cleaner environment.
Coca-Cola is taking steps to achieve a more sustainable and
inclusive economic future (Coca-Cola, 2020).
Coca-Cola claims diversity, equity, and inclusion is part
of their core values and growth strategy. Initiatives that the
Coca-Cola company are pursuing are the commitment to spend
1$ billion dollars with suppliers in the upcoming years and to
foster an inclusive culture within the workplace by measuring
progress against gender globally. Coca-Cola is making efforts
to include all individuals, regardless of gender identity, culture
and generational life experiences.
Coca-Cola believes in equality and enabling women and
has set forth some initiatives to achieve this goal by year 2030.
One initiative is for the Coca-Cola Company to be 50% led by
women globally and encourages advancement of women through
its Global Women’s Leadership Council. Another initiative is
conducting pay equity analysis on a frequent basis to ensure
elimination of gender or race discrimination. Coca-Cola also
provides transparent reports regarding race and gender and
provide the board members with diversity metrics on a frequent
basis. This shows their commitment to a fair and equitable
workplace for their employees which in turn will yield a more
satisfied and productive workforce.
PepsiCo 2020 sustainability report shared six key focus
areas where they have taken initiatives including agriculture,
water conservation, product and packaging, climate and people.
PepsiCo focuses on food products as well as beverages
therefore, it is important for the company to focus on
sustainable agricultural practices. According to PepsiCo
(2020), they achieved 100% sustainability sourced direct-source
crops in 28 countries in 2020. PepsiCo views farms as natural
ecosystems as opposed to factories in which the company has
implemented the use of cover crops to build soil health and
isolate carbon. One goal PepsiCo has set is the Positive
Agriculture ambition, which is to spread regenerative farming
practices across 7 million acres by 2030, which is equal to
PepsiCo entire footprint (Pepsi, 2020).
Water reduction is of critical importance on everyone’s
part, especially large corporations such as Coca-Cola and
PepsiCo. PepsiCo has initiated the Net Water Positive goal
which focuses on reducing water usage by improving operation
and agricultural water efficiency. They are working on
strategizing a plan to identify reuse opportunities for process
wastewater within their operations section, in hopes for a 50
percent reduction by 2030.
Product and packaging are also important to PepsiCo
and they have started to build better labels with easy-to-read
nutritional labels, reducing sugar in beverages and reducing
saturated fats in foods. Reducing sugar in beverages is the
same initiative Coca-Cola is exploring and both companies are
offering different healthier options. PepsiCo is also looking to
make a difference in their carbon footprint and the climate
crisis. They have set a goal to eliminate 5 million tons of
greenhouse gases by 2030. PepsiCo is also vested in their
employees and their customers as they look to improve the
livelihood of 250,000 people in the agricultural supply chain
(PepsiCo, 2020).
In my opinion, I believe Coca-Cola and Pepsi share
some of the same initiatives and goals and each appears to be
using strategic planning. This being said, Coca-Cola does a
better job outlining their initiatives and providing real
sustainable evidence of the steps they have employed to achieve
their initiatives. They are both successful corporations Coca-
Cola’s social governance report (2020) is more clearly laid out
and defined which allows the reader to more easily navigate and
understand.
Reference
David, Fred R., David, Forest R. and David, Meredith E.
(2020). Strategic management: A Competitive Advantage
Approach, Concepts and Cases (17th Edition). Pearson.
Coca-Cola (2021). Retrieved from https://www.coca-
colacompany.com/content/dam/journey/us/en/reports/coca-cola-
business-environmental-social-governance-report-
2020.pdf#page=5
Coca-Cola (2021). Retrieved from https://www.coca-
colacompany.com/reports/world-without-waste-2020
PepsiCo (2020). Retrieved
from https://www.pepsico.com/sustainability-report/strategy
Student 2
In 2020, the Coca-Cola Company continued its sustainability
mission and reported on the progress of its major priorities
including reducing added sugar in beverages, reducing carbon
emissions, minimizing packaging and ramping up recyclability
of packaging, returning water to communities, more utilization
of sustainable agriculture, prioritizing diversity, equity, and
inclusion through promotion of women leadership globally, and
giving back through foundation contributions to various
charitable organizations (Coca-Cola Company, 2021). The
Coca-Cola Company has reported significant gains in all of it
sustainability efforts. Through the 2020 Business &
Environmental, Social and Governance Report (2021), the
company announced actually achieving three of its goals in
2020: reducing relative carbon emissions by 25% against a
2010 baseline, replenishing ALL the water used in the brand’s
drinks and in their production (goal achieved since 2015), and
enabling the economic empowerment of 5 million women
entrepreneurs (the company actually exceeded this goal with
over 6 million women entrepreneurs enabled globally). As
previously mentioned, all the goals have made significant
progress. Coca-Cola reports that approximately 125,000 tons of
added sugar has been removed on an annualized basis through
recipe changes in 2020, 60% of the equivalent bottles and cans
introduced into the market in 2020 were refilled, collected or
recycled, and the company developed a Global Social Justice
Framework for Action focusing on listening, leading, investing,
and advocating as a mechanism to support diversity, equity, and
inclusion goals going forward (Coca-Cola Company, 2021).
PepsiCo Sustainability Efforts
Similarly, the PepsiCo Company reported positive gains
it its 2020 sustainability efforts. The six main areas of focus
for PepsiCo include advancing communities of the world
through supportive practices that promote improved farmer
livelihoods and agricultural resiliency, lead efforts in water
security in communities, creating more nutritious product
offerings, reduction of packaging and waste from packaging,
reducing greenhouse gas emissions, and creating a diverse,
equitable, and inclusive workplace (PepsiCo, 2021). Some
areas of significance as reported in the PepsiCo Sustainability
Report (2021) include growing Demonstration Farms to more
than 350 globally with 80% adopting regenerative farming
practices, 22% of the company’s global markets offer a PepsiCo
product in 100% rPET packaging, investments of more than $55
million in safe water access programs, achieving 100%
renewable electricity for the company’s U.S. direct operations,
achieving 71% of the food portfolio containing less than 1.2
grams of saturated fat per 100 calories, and introducing the
Racial Equality Journey commitments, which include increasing
diverse representation within the company and committing over
$570 million to support black and Hispanic businesses and
communities (PepsiCo, 2021).
Analysis
As one can imagine and as the reports point out, both
companies have very similar sustainability goals and
objectives. The common themes include a reduction of the
carbon footprint, water accessibility and regeneration,
packaging improvements, agricultural improvements and
advancements, a focus on health-consciousness and product
improvement, and diversity and inclusion awareness and goals.
Each has made concerted efforts to set and achieve goals that
encompass business ethics, social responsibility, and
environmental sustainability. However, in reviewing both
companies’ sustainability report, it seemed to me that the Coca-
Cola Company instituted goals with more measurable results.
The Coca-Cola Company set clear benchmarks and deadlines in
which achievement should be met in every category and goal
that was set. PepsiCo also set some concrete benchmarks,
however, in some categories the goals implemented and
achievements discussed were geared more towards ideas
instituted, partnerships made, and dollar amounts invested. As
a result, I would award the Coca-Cola Company a solid ‘A’
grade. Not only have they set long term and short term
objectives in each of the categories (ethics, environment, and
social responsibility), the goals are clearly measurable and
results driven. I would award the PepsiCo Company a ‘B’
grade. They, too, have instituted goals focused on all three
categories, however, in some areas the results are not clearly
measurable and defined. Having noble ideas and aspirations,
though meaningful, is not quantifiable, but having measurable
concrete results is showing commitment, action, and clear
progress.
References
David, F. R., , David, F. R., & David, M. E. (2020). Strategic
management: Concepts & cases, a competitive advantage
approach (17th ed.). Pearson.
PepsiCo. (2021). 2020 sustainability report
summary. https://www.pepsico.com/docs/album/sustainability-
report/2020-
csr/2020_sustainability_report_summary.pdf?sfvrsn=2b435ae0_
8.
The Coca-Cola Company. (2021). 2020 business &
environmental, social and governance report.
https://www.coca-
colacompany.com/content/dam/journey/us/en/reports/coca-cola-
business-environmental-social-governance-report-2020-
highlights.pdf.
Discussion
Forum
Go to the end of Chapter 10 and do Exercise 10A "Is Coca
-
Cola or PepsiCo's Sustainability Report
Better?" Complete all the steps (one
-
page minimum assignment).
After submitting your report in
the discussion forum for this week, type at least two peer repl
ies (200
-
word minimum each).
As a
class, attempt to make a decision as to which company wins.
Text
-
Fred R David, F. R. (2019).
Strategic Management: A Competitive Advantage Approach,
Concepts and Cases, 17th edition.
Pearson.
Chapter
10.
Business
Ethics,
Environmental
Sustainability,
and
Corporate
Social
Responsibility
Chapter
11.
Global
and
International
Issues
Answer
the
question
in
APA
format,
NO
plagiarism,
need
two
peer
responses
Student 1
Which
firm
has
a
better
sustainability
report,
Coca
-
Cola
or
PepsiCo?
The
Coca
-
Cola
environmental
and
social
governance
repor
t
2020,
identified
at
least
six
key
strategies
and
goals
that
Coca
-
Cola
is
actively
working
to
achieve.
The
report
outlined
many
initiatives
and
steps
the
company
has
taken
to
fulfill
their
role
in
business
ethics,
social
responsibility,
and
sustainabilit
y
efforts
to
ensure
a
competitive
advantage.
The
six
best
initiatives
on
this
report
were
water
reduction,
healthy
choices,
a
world
without
waste,
reducing
carbon
footprint,
diversity,
equity,
and
inclusion,
and
enabling
women.
Water
reduction
has
been
a
key
initiative
for
the
Coca
-
Cola
Company
and
according
to
the
Coca
-
Cola
governance
2020
report,
Coca
-
Cola
has
met
or
exceeded
the
replenish
goal
over
the
past
six
years.
Coca
-
Cola
describes
their
2030
water
strategy
as
a
strategy
that
will
inc
rease
water
security
in
all
areas
where
they
touch
people’s
lives
through
operations,
source
ingredients
and
through
product
packaging.
These
are
all
important
aspects
of
being
committed
and
working
towards
improvement
of
the
environment.
Discussion Forum
Go to the end of Chapter 10 and do Exercise 10A "Is Coca-Cola
or PepsiCo's Sustainability Report
Better?" Complete all the steps (one-page minimum
assignment). After submitting your report in
the discussion forum for this week, type at least two peer
replies (200-word minimum each). As a
class, attempt to make a decision as to which company wins.
Text -
Fred R David, F. R. (2019). Strategic Management: A
Competitive Advantage Approach,
Concepts and Cases, 17th edition. Pearson.
Chapter 10. Business Ethics, Environmental Sustainability, and
Corporate Social Responsibility
Chapter 11. Global and International Issues
Answer the question in APA format, NO plagiarism, need two
peer responses
Student 1
Which firm has a better sustainability report, Coca-Cola or
PepsiCo?
The Coca-Cola environmental and social governance
report 2020, identified at least six
key strategies and goals that Coca-Cola is actively working to
achieve. The report outlined many
initiatives and steps the company has taken to fulfill their role
in business ethics, social
responsibility, and sustainability efforts to ensure a competitive
advantage. The six best
initiatives on this report were water reduction, healthy choices,
a world without waste, reducing
carbon footprint, diversity, equity, and inclusion, and enabling
women.
Water reduction has been a key initiative for the Coca-
Cola Company and according to
the Coca-Cola governance 2020 report, Coca-Cola has met or
exceeded the replenish goal over
the past six years. Coca-Cola describes their 2030 water
strategy as a strategy that will increase
water security in all areas where they touch people’s lives
through operations, source ingredients
and through product packaging. These are all important aspects
of being committed and working
towards improvement of the environment.
Discussion Forum
Go to the end of Chapter 10 and do Exercise 10A "Is Coca-Cola
or PepsiCo's Sustainability Report Better?" Complete all the
steps (one-page minimum assignment). After submitting your
report in the discussion forum for this week, type at least two
peer replies (200-word minimum each). As a class, attempt to
make a decision as to which company wins.
Text -
Fred R David, F. R. (2019). Strategic Management: A
Competitive Advantage Approach, Concepts and Cases, 17th
edition. Pearson.
Chapter 10. Business Ethics, Environmental Sustainability, and
Corporate Social Responsibility
Chapter 11. Global and International Issues
Answer the question in APA format, NO plagiarism, need two
peer responses
Discussion
Forum
Go to the end of Chapter 10 and do Exercise 10A "Is Coca
-
Cola or PepsiCo's Sustainability Report
Better?" Complete all the steps (one
-
page minimum assignment).
After submitting your report in
the discussion forum for this week, type at least two peer repl
ies (200
-
word minimum each).
As a
class, attempt to make a decision as to which company wins
.
Text
-
Fred R David, F. R. (2019).
Strategic
Management: A Competitive Advantage Approach,
Concepts and Cases, 17th edition.
Pearson.
Chapter
10.
Business
Ethics,
Environmental
Sustainability,
and
Corporate
Social
Responsibility
Chapter
11.
Global
and
International
Issues
A
nswer
the
question
in
APA
format,
NO
plagiarism,
need
two
peer
responses
Discussion Forum
Go to the end of Chapter 10 and do Exercise 10A "Is Coca-Cola
or PepsiCo's Sustainability Report
Better?" Complete all the steps (one-page minimum
assignment). After submitting your report in
the discussion forum for this week, type at least two peer
replies (200-word minimum each). As a
class, attempt to make a decision as to which company wins.
Text -
Fred R David, F. R. (2019). Strategic Management: A
Competitive Advantage Approach,
Concepts and Cases, 17th edition. Pearson.
Chapter 10. Business Ethics, Environmental Sustainability, and
Corporate Social Responsibility
Chapter 11. Global and International Issues
Answer the question in APA format, NO plagiarism, need two
peer responses
Chapter 10: Business Ethics, Social Responsibility, and
Environmental Sustainability
Learning Objectives:
1. Explain why good ethics is good business in strategic
management.
2. Explain why whistle-blowing, bribery, and workplace
romance are strategic issues.
3. Discuss why social responsibility and policy are key issues in
strategic planning.
4. Discuss the nature of environmental sustainability and why it
is a key issue in strategic planning.
5. Explain why animal welfare is a strategic issue for firms
Chapter 11: Global and International Issues
Learning Objectives:
1. Discuss the nature of doing business globally, including
language and labor union issues.
2. Explain the advantages and disadvantages of doing business
globally.
3. Discuss the global challenge facing firms and why this is a
strategic issue.
4. Discuss tax rates and tax inversions as strategic issues.
5. Compare and contrast American business culture versus
foreign business cultures; explain why this is a strategic issue.
6. Discuss the business culture found in Mexico, Japan, China,
and India; explain why this is a strategic issue.
7. Discuss the business climate in Africa, China, Indonesia,
India, Japan, Mexico, and Vietnam; explain why this is a
strategic issue.
Initial Postings: Read and reflect on the assigned readings for
the week. Then post what you thought was the most important
concept(s), method(s), term(s), and/or any other thing that you
felt was worthy of your understanding in each assigned textbook
chapter.Your initial post should be based upon the assigned
reading for the week, so the textbook should be a source listed
in your reference section and cited within the body of the text.
Other sources are not required but feel free to use them if they
aid in your discussion.
Also, provide a graduate-level response to each of the following
questions:
i. Chick-fil-A is closed on Sundays. Is that wise manageme nt or
irresponsible activism? Discuss.
ii. Do some research on New Zealand to determine whether you
agree that the country merits its #1 ranking globally in
attractiveness for doing business.
Website http://www.doingbusiness.org/data/exploreeconomies/n
ew-zealand
[Your post must be substantive and demonstrate insight gained
from the course material. Postings must be in the student's own
words - do not provide quotes!]
[Your initial post should be at least 450+ words and in APA
format (including Times New Roman with font size 12 and
double spaced). Post the actual body of your paper in the
discussion thread then attach a Word version of the paper for
APA review]
Overall submission requirements –
1. discussion needs two chapters overview or any topic
discussion in your own words
2. Add your answers to the questions highlighted in yellow to
the discussion post
3. Total 500 words, apa format, no plagiarism and verbatim
4. Two peer reviews with 200 words each
Chapter
10:
Business
Ethics,
Social
Responsibility,
and
Environmental
Sustainability
Learning
Objectives:
1.
Explain
why
good
ethics
is
good
business
in
strategic
management.
2.
Explai
n
why
whistle
-
blowing,
bribery,
and
workplace
romance
are
strategic
issues.
3.
Discuss
why
social
responsibility
and
policy
are
key
issues
in
strategic
planning.
4.
Discuss
the
nature
of
environmental
sustainability
and
why
it
is
a
key
issue
in
strategic
plannin
g.
5.
Explain
why
animal
welfare
is
a
strategic
issue
for
firms
Chapter
11:
Global
and
International
Issues
Learning
Objectives:
1.
Discuss
the
nature
of
doing
business
globally,
including
language
and
labor
union
issues.
2.
Explain
the
advantages
and
disadvantage
s
of
doing
business
globally.
3.
Discuss
the
global
challenge
facing
firms
and
why
this
is
a
strategic
issue.
4.
Discuss
tax
rates
and
tax
inversions
as
strategic
issues.
5.
Compare
and
contrast
American
business
culture
versus
foreign
business
cultures;
explain
wh
y
this
is
a
strategic
issue.
6.
Discuss
the
business
culture
found
in
Mexico,
Japan,
China,
and
India;
explain
why
this
is
a
strategic
issue.
7.
Discuss
the
business
climate
in
Africa,
China,
Indonesia,
India,
Japan,
Mexico,
and
Vietnam;
explain
why
this
is
a
st
rategic
issue.
Initial
Postings:
Read
and
reflect
on
the
assigned
readings
for
the
week.
Then
post
what
you
thought
was
the
most
important
concept(s),
method(s),
term(s),
and/or
any
other
thing
that
you
felt
was
worthy
of
your
understanding
in
each
assigned
textbook
chapter.Your
initial
post
should
be
based
upon
the
assigned
reading
for
the
week,
so
the
textbook
should
be
a
source
listed
in
your
reference
section
and
cited
within
the
body
of
the
text.
Other
sourc
es
are
not
required
but
feel
free
to
use
them
if
they
aid
in
your
discussion.
Also,
provide
a
graduate
-
level
response
to
each
of
the
following
questions:
i.
Chick
-
fil
-
A
is
closed
on
Sundays.
Is
that
wise
management
or
irresponsible
activism?
Discuss.
ii.
Do
some
research
on
New
Zealand
to
determine
whether
you
agree
that
th
e
country
merits
its
#1
ranking
globally
in
attractiveness
for
doing
business.
Website
http://www.doingbusiness.org/data/exploreeconomies/new
-
zealand
[
Your
post
must
be
substantive
and
demonstrate
insight
gained
from
the
course
material.
P
ostings
must
be
in
the
student's
own
words
-
do
not
provide
quotes
!
]
[Your
initial
post
should
be
at
least
450+
words
and
in
APA
format
(including
Times
New
Roman
with
font
size
12
and
double
spaced).
Post
the
actual
body
of
your
paper
in
the
discussion
thread
then
attach
a
Word
version
of
the
paper
for
APA
review]
Overall submission requirements
–
1.
discussion needs two chapters overview or any topic discussion
in your own words
2.
Add your answers to the questions highlighted in yellow to the
discussion post
3.
Tota
l 500 words, apa format, no plagiarism and verbatim
4.
Two peer reviews with 200 words each
Chapter 10: Business Ethics, Social Responsibility, and
Environmental Sustainability
Learning Objectives:
1. Explain why good ethics is good business in strategic
management.
2. Explain why whistle-blowing, bribery, and workplace
romance are strategic issues.
3. Discuss why social responsibility and policy are key issues in
strategic planning.
4. Discuss the nature of environmental sustainability and why it
is a key issue in strategic planning.
5. Explain why animal welfare is a strategic issue for firms
Chapter 11: Global and International Issues
Learning Objectives:
1. Discuss the nature of doing business globally, including
language and labor union issues.
2. Explain the advantages and disadvantages of doing business
globally.
3. Discuss the global challenge facing firms and why this is a
strategic issue.
4. Discuss tax rates and tax inversions as strategic issues.
5. Compare and contrast American business culture versus
foreign business cultures; explain why
this is a strategic issue.
6. Discuss the business culture found in Mexico, Japan, China,
and India; explain why this is a
strategic issue.
7. Discuss the business climate in Africa, China, Indonesia,
India, Japan, Mexico, and Vietnam;
explain why this is a strategic issue.
Initial Postings: Read and reflect on the assigned readings for
the week. Then post what you thought
was the most important concept(s), method(s), term(s), and/or
any other thing that you felt was worthy of
your understanding in each assigned textbook chapter.Your
initial post should be based upon the
assigned reading for the week, so the textbook should be a
source listed in your reference section and
cited within the body of the text. Other sources are not required
but feel free to use them if they aid in
your discussion.
Also, provide a graduate-level response to each of the following
questions:
i. Chick-fil-A is closed on Sundays. Is that wise management or
irresponsible activism? Discuss.
ii. Do some research on New Zealand to determine whether you
agree that the country merits its #1
ranking globally in attractiveness for doing business.
Website
http://www.doingbusiness.org/data/exploreeconomies/new -
zealand
[Your post must be substantive and demonstrate insight gained
from the course material. Postings must
be in the student's own words - do not provide quotes!]
[Your initial post should be at least 450+ words and in APA
format (including Times New Roman with
font size 12 and double spaced). Post the actual body of your
paper in the discussion thread then attach
a Word version of the paper for APA review]
Overall submission requirements –
1. discussion needs two chapters overview or any topic
discussion in your own words
2. Add your answers to the questions highlighted in yellow to
the discussion post
3. Total 500 words, apa format, no plagiarism and verbatim
4. Two peer reviews with 200 words each

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Chapter 10 Business Ethics, Social Responsibility, and Environmen

  • 1. Chapter 10: Business Ethics, Social Responsibility, and Environmental Sustainability Learning Objectives: 1. Explain why good ethics is good business in strategic management. 2. Explain why whistle-blowing, bribery, and workplace romance are strategic issues. 3. Discuss why social responsibility and policy are key issues in strategic planning. 4. Discuss the nature of environmental sustainability and why it is a key issue in strategic planning. 5. Explain why animal welfare is a strategic issue for firms Chapter 11: Global and International Issues Learning Objectives: 1. Discuss the nature of doing business globally, including language and labor union issues. 2. Explain the advantages and disadvantages of doing business globally. 3. Discuss the global challenge facing firms and why this is a strategic issue. 4. Discuss tax rates and tax inversions as strategic issues. 5. Compare and contrast American business culture versus foreign business cultures; explain why this is a strategic issue. 6. Discuss the business culture found in Mexico, Japan, China, and India; explain why this is a strategic issue. 7. Discuss the business climate in Africa, China, Indonesia, India, Japan, Mexico, and Vietnam; explain why this is a strategic issue. Initial Postings: Read and reflect on the assigned readings for the week. Then post what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding in each assigned textbook
  • 2. chapter.Your initial post should be based upon the assigned reading for the week, so the textbook should be a source listed in your reference section and cited within the body of the text. Other sources are not required but feel free to use them if they aid in your discussion. Also, provide a graduate-level response to each of the following questions: i. Chick-fil-A is closed on Sundays. Is that wise management or irresponsible activism? Discuss. ii. Do some research on New Zealand to determine whether you agree that the country merits its #1 ranking globally in attractiveness for doing business. Website http://www.doingbusiness.org/data/exploreeconomies/n ew-zealand [Your post must be substantive and demonstrate insight gained from the course material. Postings must be in the student's own words - do not provide quotes!] [Your initial post should be at least 450+ words and in APA format (including Times New Roman with font size 12 and double spaced). Post the actual body of your paper in the discussion thread then attach a Word version of the paper for APA review] Overall submission requirements – 1. discussion needs two chapters overview or any topic discussion in your own words 2. Add your answers to the questions highlighted in yellow to the discussion post 3. Total 500 words, apa format, no plagiarism and verbatim 4. Two peer reviews with 200 words each Student 1 This week’s chapter readings outlined business ethics, social responsibility, and environmental sustainability within a firm and the importance each plays in building its brand, balancing
  • 3. its resources and increasing productivity to build a sustainable firm. Business ethics are specific guidelines that are established by a firm or organization that leads to good decision-making. Social responsibility is that each employee works to better the environment and society as a whole. Environmental sustainability is the firm or organizations commitment to conserve resources and protect the environment. Firms and organizations must develop a framework that incorporates these strategic issues as they are all interrelated and can have a major impact on the success of a company. A firm or organization’s ability to globalize their business will allow the company to provide the highest value of products or services to customers at the lowest cost possible. According to David et al. (2020), the underpinnings of strategic management hinge on managers gaining an understanding of competitors, markets, prices, suppliers, distributors, governments, creditors, shareholders, and customers worldwide. Firms must concentrate on the key factors expressed by David et al. (2020), and formulate a global strategy which encompasses designing, producing, and marketing products with global needs in mind. Multinational firms experience many threats and challenges as the number of products and geographical areas increase. There are advantages to doing business globally such as gaining a new customer base for the products sold, reduced tariffs, lower taxes, and favorable political treatment, and economies of scale can be achieved from operation in global rather than just domestic markets (David et al. 2020). Some disadvantages to doing business globally are language, culture, and value systems differ across countries which could create communication and management barriers, dealing with two or more monetary systems can complicate international business operations, and weaknesses in foreign countries are underestimated with respect to the number of competitors and the products they are offering (David et al. 2020). Tax rates were also discussed and how
  • 4. this plays an important role in strategic decisions that are made regarding where to build facilities. High taxes can deter a firm or organization from entering the market because the cost would outweigh the benefit of building manufacturing plants or acquire other firms in such areas. Firms should conduct a thorough analysis before deciding to globalize and venture into these markets. Has Chick-fil-A made a wise management decision being closed on Sundays? Chick-fil-A has made both a personal and religious decision to be closed on Sunday which in my opinion has worked well for this firm. Chick-fil-A is open six out of seven days and upper-management believes it is more about the use of time. They use a simple strategy that is to compete and win by focusing on top talent, system dependent, operational excellence, and community impact (Chick-fil-A 2021). Chick-fil-A lives out their core values which are purpose driven, to have each other’s back, go home or go hard, good stewards, and to pursue excellence (Chick-fil-A 2021). According to David et al. (2020), Chick-fil-A surpassed Kentucky Fried Chicken (KFC) as the largest chicken quick service restaurant in the United States. Chick-fil-A currently has around 2,000 stores compared to 4,500 KFC stores. This indicates that Chick-fil-A has made a wise business move and therefore, the need to be open on Sunday is not necessary. Chick-fil-A is privately held company with three shares of stock among the owner, Samuel Truett Cathy. If Chick-fil-A decided to go public and sold shares this could cause decisions to be made, such as opening on Sundays, against the current owners beliefs. Chick-fil-A has implemented strategic planning which leads to better overall strategic decision making. Does New Zealand merit its # 1 ranking globally in attractiveness for doing business? New Zealand has made its mark as being rated #1 for doing business on a global scale mainly because of its economic stability, potential for growth, and the
  • 5. ease of doing business with regulators. New Zealand has developed excellent relationships with the Asia Pacific region which has ended in a successful market and the attractiveness for businesses to invest and build in this area. New Zealand’s economy allows for the support of entrepreneurship. Regulations depend on the business structure whether it is a company, sole trader, or partnership. According to the New Zealand Companies Office (2021), the Companies Act of 1993 forms the core of the corporate regulatory system and provides many functions to assist businesses. There are other countries that rank close to New Zealand, including Switzerland due to their economic and political stability and Canada because of its location and trade freedom, but New Zealand outlines for consumers specific steps that need to be taken to conduct business in this country. After reviewing over the economy profile report 2020, New Zealand appears to be very transparent in their requirements which allows investors to feel more assured when making strategic business decisions. New Zealand must continue to think in new and innovative ways to advance their economic potential and keep their competitive advantage in the coming years. References Chick-fil-A (2021). Retrieved from https://www.chanhassencfa.com/sundays Chick-fil-A (2021). Retrieved from https://www.cfahollywood.com/who-we-are David, Fred R., David, Forest R. and David, Meredith E. (2020). Strategic management: A Competitive Advantage Approach, Concepts and Cases (17th Edition). Pearson. New Zealand GDP – Gross National Product (2021). Retrieved from https://countryeconomy.com/gdp/new-zealand New Zealand Companies Office (2021). Corporate regulation in
  • 6. New Zealand. https://www.companiesoffice.govt.nz/about- us/corporate-regulation-in-new-zealand/ Moore, Barry D. (2021). 5 Ways to profit from Chick-fil-A Stock. Retrieved fromhttps://www.liberatedstocktrader.com/chick-fil-a-stock/ Student 2 Ethical Progress When a company chooses to launch itself into a given target market, they must make a decision regarding moral foundations. Many companies choose to support whatever the majority of the given market favors; however, this is not always the best decision. The world has become more inherently corrupt over the course of time, and agreeing with the majority over the minority may result in unethical behavior. Before deciding to take a stance upon popular topics, a company needs to evaluate its moral standpoints in terms of being honest. Honesty causes success to thrive. A company may be successful for a short period of time by bending rules in order to gain leverage over competitors, yet immoral business conduct will be brought into view in its due time. A new company should adhere to proper moral conduct in order to achieve profit. Chick-fil-A is widely known as a prime example in the realm of company standpoint influencing sales. The company is a Christian-based fast food chain that emphasizes quality service to every customer. During the previous pride movement, this brand encountered much negativity provided by media; however, the company stood firm on its Christian morals. The company experienced more success that year than in any other year because of its loyal customer base. In this case, Chick-fil- A maintained its profitability by staying true to its values. Another controversy that occurred was the brand’s decision to remain closed on Sundays. The Christian faith has a large emphasis upon exercising a sabbath on a weekly basis. The company closes in order to provide employees with the opportunity to attend church and rest. This is considered wise
  • 7. management in contrast to irresponsible activism because the decision correlates directly with the company’s Christian foundation. The company is also much more successful than many other fast food chains that are open everyday of the week. If the company were to open on Sunday’s, Chick-fil-A would risk losing its loyal Christian consumers that respect the company for allowing employees to attend church on Sundays. Strategies for Success Economy is also a major factor when determining how successful a business can be over a period of time. International trade cannot thrive without a healthy economy. Many countries gain success from their ability to trade with their international counterparts. New Zealand is one example of how international trade can cause a great amount of success. The reason why New Zealand is ranked as a highly attractive business location is due to their successful economy and reliable outputs. A company with low rapport will be viewed as less attractive in terms of trade. Rapport is built upon honesty and loyalty. A company that does not honor their agreements risks losing trust among other countries. An example concerning potential unethical behavior includes a breach that may result in loss of businesses. A breach encompasses bribery or an action similar to this type of persuasion. If a company is aware that a country uses dishonesty is order to achieve profit, the company will be less likely to choose that country as a trade partner (David, 2020, pp. 304-305). New Zealand’s international trade is doing so well because of the country’s good rapport with other nations. Because of this connection with other nations, New Zealand’s economy has also expanded which has caused the country to flourish in many categories. A country that displays honesty and loyalty has a better chance of sustaining international relations. References David, Fred (2020). Strategic Management. Boston, MA: Pearson Inc.
  • 31. – 1. discussion needs two chapters overview or any topic discussion in your own words 2. Add you r answers to the questions highlighted in yellow to the discussion post 3. Total 500 words, apa format, no plagiarism and verbatim 4. Two peer reviews with 200 words each Chapter 10: Business Ethics, Social Responsibility, and Environmental Sustainability Learning Objectives: 1. Explain why good ethics is good business in strategic management. 2. Explain why whistle-blowing, bribery, and workplace romance are strategic issues. 3. Discuss why social responsibility and policy are key issues in strategic planning. 4. Discuss the nature of environmental sustainability and why it is a key issue in strategic planning. 5. Explain why animal welfare is a strategic issue for firms
  • 32. Chapter 11: Global and International Issues Learning Objectives: 1. Discuss the nature of doing business globally, including language and labor union issues. 2. Explain the advantages and disadvantages of doing business globally. 3. Discuss the global challenge facing firms and why this is a strategic issue. 4. Discuss tax rates and tax inversions as strategic issues. 5. Compare and contrast American business culture versus foreign business cultures; explain why this is a strategic issue. 6. Discuss the business culture found in Mexico, Japan, China, and India; explain why this is a strategic issue. 7. Discuss the business climate in Africa, China, Indonesia, India, Japan, Mexico, and Vietnam; explain why this is a strategic issue. Initial Postings: Read and reflect on the assigned readings for the week. Then post what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding in each assigned textbook chapter.Your initial post should be based upon the assigned reading for the week, so the textbook should be a source listed in your reference section and cited within the body of the text. Other sources are not required but feel free to use them if they aid in your discussion. Also, provide a graduate-level response to each of the following questions: i. Chick-fil-A is closed on Sundays. Is that wise management or irresponsible activism? Discuss. ii. Do some research on New Zealand to determine whether you agree that the country merits its #1
  • 33. ranking globally in attractiveness for doing business. Website http://www.doingbusiness.org/data/exploreeconomies/new- zealand [Your post must be substantive and demonstrate insight gained from the course material. Postings must be in the student's own words - do not provide quotes!] [Your initial post should be at least 450+ words and in APA format (including Times New Roman with font size 12 and double spaced). Post the actual body of your paper in the discussion thread then attach a Word version of the paper for APA review] Overall submission requirements – 1. discussion needs two chapters overview or any topic discussion in your own words 2. Add your answers to the questions highlighted in yellow to the discussion post 3. Total 500 words, apa format, no plagiarism and verbatim 4. Two peer reviews with 200 words each Discussion Forum Go to the end of Chapter 10 and do Exercise 10A "Is Coca-Cola or PepsiCo's Sustainability Report Better?" Complete all the steps (one-page minimum assignment). After submitting your report in the discussion forum for this week, type at least two peer replies (200-word minimum each). As a class, attempt to make a decision as to which company wins. Text - Fred R David, F. R. (2019). Strategic Management: A Competitive Advantage Approach, Concepts and Cases, 17th edition. Pearson. Chapter 10. Business Ethics, Environmental Sustainability, and
  • 34. Corporate Social Responsibility Chapter 11. Global and International Issues Answer the question in APA format, NO plagiarism, need two peer responses Student 1 Which firm has a better sustainability report, Coca-Cola or PepsiCo? The Coca-Cola environmental and social governance report 2020, identified at least six key strategies and goals that Coca-Cola is actively working to achieve. The report outlined many initiatives and steps the company has taken to fulfill their role in business ethics, social responsibility, and sustainability efforts to ensure a competitive advantage. The six best initiatives on this report were water reduction, healthy choices, a world without waste, reducing carbon footprint, diversity, equity, and inclusion, and enabling women. Water reduction has been a key initiative for the Coca- Cola Company and according to the Coca-Cola governance 2020 report, Coca-Cola has met or exceeded the replenish goal over the past six years. Coca-Cola describes their 2030 water strategy as a strategy that will increase water security in all areas where they touch people’s lives through operations, source ingredients and through product packaging. These are all important aspects of being committed and working towards improvement of the environment. Healthy choices are another area Coca-Cola is trying to improve upon with offering wide range of beverage options, including coffee, tea, dairy, juices, and water. Coca-Cola is committed to reducing sugar and adding healthier nutritious beverage alternatives. Coca-Cola understands people are becoming more health conscious about what they choose to consume, which means providing alternative options and reducing sugar are targeting a different consumer base which will increase revenue.
  • 35. World without waste initiative is one that encompasses many goals, mainly reducing plastic waste by creating more sustainable packaging and by collecting and recycling a bottle or can for each one sold by 2030 (Coca-Cola, 2020). Coca-Cola plan on making 100% of its packaging recyclable on a global scale by 2025. They have partnered together with Ocean Cleanup to intercept plastic waste before it enters the ocean which demonstrates their commitment to a better environment. Coca-Cola is trying to reduce their carbon footprint which means increasing their water efficiency. According to Coca-Cola Social Governance Report (2020), Coca-Cola has improved water usage over the past 10 years. Coca-Cola is focused on packaging design, recycling initiatives, and partnering with others in support of a cleaner environment. Coca-Cola is taking steps to achieve a more sustainable and inclusive economic future (Coca-Cola, 2020). Coca-Cola claims diversity, equity, and inclusion is part of their core values and growth strategy. Initiatives that the Coca-Cola company are pursuing are the commitment to spend 1$ billion dollars with suppliers in the upcoming years and to foster an inclusive culture within the workplace by measuring progress against gender globally. Coca-Cola is making efforts to include all individuals, regardless of gender identity, culture and generational life experiences. Coca-Cola believes in equality and enabling women and has set forth some initiatives to achieve this goal by year 2030. One initiative is for the Coca-Cola Company to be 50% led by women globally and encourages advancement of women through its Global Women’s Leadership Council. Another initiative is conducting pay equity analysis on a frequent basis to ensure elimination of gender or race discrimination. Coca-Cola also provides transparent reports regarding race and gender and provide the board members with diversity metrics on a frequent basis. This shows their commitment to a fair and equitable workplace for their employees which in turn will yield a more satisfied and productive workforce.
  • 36. PepsiCo 2020 sustainability report shared six key focus areas where they have taken initiatives including agriculture, water conservation, product and packaging, climate and people. PepsiCo focuses on food products as well as beverages therefore, it is important for the company to focus on sustainable agricultural practices. According to PepsiCo (2020), they achieved 100% sustainability sourced direct-source crops in 28 countries in 2020. PepsiCo views farms as natural ecosystems as opposed to factories in which the company has implemented the use of cover crops to build soil health and isolate carbon. One goal PepsiCo has set is the Positive Agriculture ambition, which is to spread regenerative farming practices across 7 million acres by 2030, which is equal to PepsiCo entire footprint (Pepsi, 2020). Water reduction is of critical importance on everyone’s part, especially large corporations such as Coca-Cola and PepsiCo. PepsiCo has initiated the Net Water Positive goal which focuses on reducing water usage by improving operation and agricultural water efficiency. They are working on strategizing a plan to identify reuse opportunities for process wastewater within their operations section, in hopes for a 50 percent reduction by 2030. Product and packaging are also important to PepsiCo and they have started to build better labels with easy-to-read nutritional labels, reducing sugar in beverages and reducing saturated fats in foods. Reducing sugar in beverages is the same initiative Coca-Cola is exploring and both companies are offering different healthier options. PepsiCo is also looking to make a difference in their carbon footprint and the climate crisis. They have set a goal to eliminate 5 million tons of greenhouse gases by 2030. PepsiCo is also vested in their employees and their customers as they look to improve the livelihood of 250,000 people in the agricultural supply chain (PepsiCo, 2020). In my opinion, I believe Coca-Cola and Pepsi share some of the same initiatives and goals and each appears to be
  • 37. using strategic planning. This being said, Coca-Cola does a better job outlining their initiatives and providing real sustainable evidence of the steps they have employed to achieve their initiatives. They are both successful corporations Coca- Cola’s social governance report (2020) is more clearly laid out and defined which allows the reader to more easily navigate and understand. Reference David, Fred R., David, Forest R. and David, Meredith E. (2020). Strategic management: A Competitive Advantage Approach, Concepts and Cases (17th Edition). Pearson.
  • 38. Coca-Cola (2021). Retrieved from https://www.coca- colacompany.com/content/dam/journey/us/en/reports/coca-cola- business-environmental-social-governance-report- 2020.pdf#page=5 Coca-Cola (2021). Retrieved from https://www.coca- colacompany.com/reports/world-without-waste-2020 PepsiCo (2020). Retrieved from https://www.pepsico.com/sustainability-report/strategy Student 2 In 2020, the Coca-Cola Company continued its sustainability mission and reported on the progress of its major priorities including reducing added sugar in beverages, reducing carbon emissions, minimizing packaging and ramping up recyclability of packaging, returning water to communities, more utilization of sustainable agriculture, prioritizing diversity, equity, and inclusion through promotion of women leadership globally, and giving back through foundation contributions to various charitable organizations (Coca-Cola Company, 2021). The Coca-Cola Company has reported significant gains in all of it sustainability efforts. Through the 2020 Business & Environmental, Social and Governance Report (2021), the company announced actually achieving three of its goals in 2020: reducing relative carbon emissions by 25% against a 2010 baseline, replenishing ALL the water used in the brand’s drinks and in their production (goal achieved since 2015), and enabling the economic empowerment of 5 million women entrepreneurs (the company actually exceeded this goal with over 6 million women entrepreneurs enabled globally). As previously mentioned, all the goals have made significant progress. Coca-Cola reports that approximately 125,000 tons of added sugar has been removed on an annualized basis through recipe changes in 2020, 60% of the equivalent bottles and cans introduced into the market in 2020 were refilled, collected or
  • 39. recycled, and the company developed a Global Social Justice Framework for Action focusing on listening, leading, investing, and advocating as a mechanism to support diversity, equity, and inclusion goals going forward (Coca-Cola Company, 2021). PepsiCo Sustainability Efforts Similarly, the PepsiCo Company reported positive gains it its 2020 sustainability efforts. The six main areas of focus for PepsiCo include advancing communities of the world through supportive practices that promote improved farmer livelihoods and agricultural resiliency, lead efforts in water security in communities, creating more nutritious product offerings, reduction of packaging and waste from packaging, reducing greenhouse gas emissions, and creating a diverse, equitable, and inclusive workplace (PepsiCo, 2021). Some areas of significance as reported in the PepsiCo Sustainability Report (2021) include growing Demonstration Farms to more than 350 globally with 80% adopting regenerative farming practices, 22% of the company’s global markets offer a PepsiCo product in 100% rPET packaging, investments of more than $55 million in safe water access programs, achieving 100% renewable electricity for the company’s U.S. direct operations, achieving 71% of the food portfolio containing less than 1.2 grams of saturated fat per 100 calories, and introducing the Racial Equality Journey commitments, which include increasing diverse representation within the company and committing over $570 million to support black and Hispanic businesses and communities (PepsiCo, 2021). Analysis As one can imagine and as the reports point out, both companies have very similar sustainability goals and objectives. The common themes include a reduction of the carbon footprint, water accessibility and regeneration, packaging improvements, agricultural improvements and advancements, a focus on health-consciousness and product improvement, and diversity and inclusion awareness and goals. Each has made concerted efforts to set and achieve goals that
  • 40. encompass business ethics, social responsibility, and environmental sustainability. However, in reviewing both companies’ sustainability report, it seemed to me that the Coca- Cola Company instituted goals with more measurable results. The Coca-Cola Company set clear benchmarks and deadlines in which achievement should be met in every category and goal that was set. PepsiCo also set some concrete benchmarks, however, in some categories the goals implemented and achievements discussed were geared more towards ideas instituted, partnerships made, and dollar amounts invested. As a result, I would award the Coca-Cola Company a solid ‘A’ grade. Not only have they set long term and short term objectives in each of the categories (ethics, environment, and social responsibility), the goals are clearly measurable and results driven. I would award the PepsiCo Company a ‘B’ grade. They, too, have instituted goals focused on all three categories, however, in some areas the results are not clearly measurable and defined. Having noble ideas and aspirations, though meaningful, is not quantifiable, but having measurable concrete results is showing commitment, action, and clear progress. References David, F. R., , David, F. R., & David, M. E. (2020). Strategic management: Concepts & cases, a competitive advantage approach (17th ed.). Pearson. PepsiCo. (2021). 2020 sustainability report summary. https://www.pepsico.com/docs/album/sustainability- report/2020- csr/2020_sustainability_report_summary.pdf?sfvrsn=2b435ae0_ 8. The Coca-Cola Company. (2021). 2020 business & environmental, social and governance report. https://www.coca- colacompany.com/content/dam/journey/us/en/reports/coca-cola- business-environmental-social-governance-report-2020-
  • 41. highlights.pdf. Discussion Forum Go to the end of Chapter 10 and do Exercise 10A "Is Coca - Cola or PepsiCo's Sustainability Report Better?" Complete all the steps (one - page minimum assignment). After submitting your report in the discussion forum for this week, type at least two peer repl ies (200 - word minimum each). As a class, attempt to make a decision as to which company wins. Text - Fred R David, F. R. (2019). Strategic Management: A Competitive Advantage Approach, Concepts and Cases, 17th edition.
  • 53. of being committed and working towards improvement of the environment. Discussion Forum Go to the end of Chapter 10 and do Exercise 10A "Is Coca-Cola or PepsiCo's Sustainability Report Better?" Complete all the steps (one-page minimum assignment). After submitting your report in the discussion forum for this week, type at least two peer replies (200-word minimum each). As a class, attempt to make a decision as to which company wins. Text - Fred R David, F. R. (2019). Strategic Management: A Competitive Advantage Approach, Concepts and Cases, 17th edition. Pearson. Chapter 10. Business Ethics, Environmental Sustainability, and Corporate Social Responsibility Chapter 11. Global and International Issues
  • 54. Answer the question in APA format, NO plagiarism, need two peer responses Student 1 Which firm has a better sustainability report, Coca-Cola or PepsiCo? The Coca-Cola environmental and social governance report 2020, identified at least six key strategies and goals that Coca-Cola is actively working to achieve. The report outlined many initiatives and steps the company has taken to fulfill their role in business ethics, social responsibility, and sustainability efforts to ensure a competitive advantage. The six best initiatives on this report were water reduction, healthy choices, a world without waste, reducing carbon footprint, diversity, equity, and inclusion, and enabling women. Water reduction has been a key initiative for the Coca- Cola Company and according to the Coca-Cola governance 2020 report, Coca-Cola has met or exceeded the replenish goal over the past six years. Coca-Cola describes their 2030 water strategy as a strategy that will increase water security in all areas where they touch people’s lives through operations, source ingredients and through product packaging. These are all important aspects of being committed and working towards improvement of the environment. Discussion Forum Go to the end of Chapter 10 and do Exercise 10A "Is Coca-Cola or PepsiCo's Sustainability Report Better?" Complete all the steps (one-page minimum assignment). After submitting your report in the discussion forum for this week, type at least two
  • 55. peer replies (200-word minimum each). As a class, attempt to make a decision as to which company wins. Text - Fred R David, F. R. (2019). Strategic Management: A Competitive Advantage Approach, Concepts and Cases, 17th edition. Pearson. Chapter 10. Business Ethics, Environmental Sustainability, and Corporate Social Responsibility Chapter 11. Global and International Issues Answer the question in APA format, NO plagiarism, need two peer responses Discussion Forum Go to the end of Chapter 10 and do Exercise 10A "Is Coca - Cola or PepsiCo's Sustainability Report Better?" Complete all the steps (one - page minimum assignment). After submitting your report in the discussion forum for this week, type at least two peer repl ies (200 - word minimum each). As a class, attempt to make a decision as to which company wins
  • 56. . Text - Fred R David, F. R. (2019). Strategic Management: A Competitive Advantage Approach, Concepts and Cases, 17th edition. Pearson. Chapter 10. Business Ethics, Environmental Sustainability, and Corporate Social Responsibility
  • 58. Discussion Forum Go to the end of Chapter 10 and do Exercise 10A "Is Coca-Cola or PepsiCo's Sustainability Report Better?" Complete all the steps (one-page minimum assignment). After submitting your report in the discussion forum for this week, type at least two peer replies (200-word minimum each). As a class, attempt to make a decision as to which company wins. Text - Fred R David, F. R. (2019). Strategic Management: A Competitive Advantage Approach, Concepts and Cases, 17th edition. Pearson. Chapter 10. Business Ethics, Environmental Sustainability, and Corporate Social Responsibility Chapter 11. Global and International Issues Answer the question in APA format, NO plagiarism, need two peer responses Chapter 10: Business Ethics, Social Responsibility, and Environmental Sustainability Learning Objectives: 1. Explain why good ethics is good business in strategic management. 2. Explain why whistle-blowing, bribery, and workplace romance are strategic issues. 3. Discuss why social responsibility and policy are key issues in strategic planning. 4. Discuss the nature of environmental sustainability and why it is a key issue in strategic planning. 5. Explain why animal welfare is a strategic issue for firms
  • 59. Chapter 11: Global and International Issues Learning Objectives: 1. Discuss the nature of doing business globally, including language and labor union issues. 2. Explain the advantages and disadvantages of doing business globally. 3. Discuss the global challenge facing firms and why this is a strategic issue. 4. Discuss tax rates and tax inversions as strategic issues. 5. Compare and contrast American business culture versus foreign business cultures; explain why this is a strategic issue. 6. Discuss the business culture found in Mexico, Japan, China, and India; explain why this is a strategic issue. 7. Discuss the business climate in Africa, China, Indonesia, India, Japan, Mexico, and Vietnam; explain why this is a strategic issue. Initial Postings: Read and reflect on the assigned readings for the week. Then post what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding in each assigned textbook chapter.Your initial post should be based upon the assigned reading for the week, so the textbook should be a source listed in your reference section and cited within the body of the text. Other sources are not required but feel free to use them if they aid in your discussion. Also, provide a graduate-level response to each of the following questions: i. Chick-fil-A is closed on Sundays. Is that wise manageme nt or irresponsible activism? Discuss. ii. Do some research on New Zealand to determine whether you agree that the country merits its #1 ranking globally in attractiveness for doing business. Website http://www.doingbusiness.org/data/exploreeconomies/n ew-zealand
  • 60. [Your post must be substantive and demonstrate insight gained from the course material. Postings must be in the student's own words - do not provide quotes!] [Your initial post should be at least 450+ words and in APA format (including Times New Roman with font size 12 and double spaced). Post the actual body of your paper in the discussion thread then attach a Word version of the paper for APA review] Overall submission requirements – 1. discussion needs two chapters overview or any topic discussion in your own words 2. Add your answers to the questions highlighted in yellow to the discussion post 3. Total 500 words, apa format, no plagiarism and verbatim 4. Two peer reviews with 200 words each Chapter 10: Business Ethics, Social Responsibility, and Environmental
  • 83. attach a Word version of the paper for APA review] Overall submission requirements – 1. discussion needs two chapters overview or any topic discussion in your own words 2. Add your answers to the questions highlighted in yellow to the discussion post
  • 84. 3. Tota l 500 words, apa format, no plagiarism and verbatim 4. Two peer reviews with 200 words each Chapter 10: Business Ethics, Social Responsibility, and Environmental Sustainability Learning Objectives: 1. Explain why good ethics is good business in strategic management. 2. Explain why whistle-blowing, bribery, and workplace romance are strategic issues. 3. Discuss why social responsibility and policy are key issues in strategic planning. 4. Discuss the nature of environmental sustainability and why it is a key issue in strategic planning. 5. Explain why animal welfare is a strategic issue for firms Chapter 11: Global and International Issues Learning Objectives: 1. Discuss the nature of doing business globally, including language and labor union issues. 2. Explain the advantages and disadvantages of doing business globally. 3. Discuss the global challenge facing firms and why this is a strategic issue. 4. Discuss tax rates and tax inversions as strategic issues. 5. Compare and contrast American business culture versus foreign business cultures; explain why this is a strategic issue. 6. Discuss the business culture found in Mexico, Japan, China,
  • 85. and India; explain why this is a strategic issue. 7. Discuss the business climate in Africa, China, Indonesia, India, Japan, Mexico, and Vietnam; explain why this is a strategic issue. Initial Postings: Read and reflect on the assigned readings for the week. Then post what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding in each assigned textbook chapter.Your initial post should be based upon the assigned reading for the week, so the textbook should be a source listed in your reference section and cited within the body of the text. Other sources are not required but feel free to use them if they aid in your discussion. Also, provide a graduate-level response to each of the following questions: i. Chick-fil-A is closed on Sundays. Is that wise management or irresponsible activism? Discuss. ii. Do some research on New Zealand to determine whether you agree that the country merits its #1 ranking globally in attractiveness for doing business. Website http://www.doingbusiness.org/data/exploreeconomies/new - zealand [Your post must be substantive and demonstrate insight gained from the course material. Postings must be in the student's own words - do not provide quotes!] [Your initial post should be at least 450+ words and in APA format (including Times New Roman with font size 12 and double spaced). Post the actual body of your paper in the discussion thread then attach a Word version of the paper for APA review]
  • 86. Overall submission requirements – 1. discussion needs two chapters overview or any topic discussion in your own words 2. Add your answers to the questions highlighted in yellow to the discussion post 3. Total 500 words, apa format, no plagiarism and verbatim 4. Two peer reviews with 200 words each