Unit 32 M2 D3 Discuss the importance for food retailers of meeting their social, ethical, environmental and corporate social responsibilities

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M2: Discuss the importance for food retailers of meeting their social ethical environmental and corporate social responsibilities

D3- Evaluate how selected retailers have met their social, ethical, environmental and corporate social responsibilities  

Social

Starbucks needs to meet social factors in light of the fact that by being such a large and well known coffee suppliers, their business has an enormous impact on the general public around them wherever they work. The general public that influence Starbucks is their clients as well as it includes other people they manage their suppliers and their supporters.

For Starbucks is really important for them to meet their social factors and issues this is because it helps their business to do better and helps them in promoting their business also this helps them to create a bigger awareness to the community

Another factor for Starbucks is they have a mission and they support the community this means they are helping the community by offering them free coffee and they engage themselves in fundraising for charities.

Starbucks engaging themselves in these missions helps them get a bigger awareness to the public, if they didn’t follow their social responsibilities, they wouldn’t be a popular brand and could suffer sale performance.

Tesco has increased the number of non-food items offered for sale. Goods and services demanded by consumers is mostly influenced by the way they feel about Tesco. Customers are becoming more aware of health issues, due to which their approach towards foods is changing constantly, Tesco is adapting to these changes by accommodating the demand for organic products.

In the UK the birth rate has increased over the years so Tesco should start to look at selling children’s toys or products to open a new market which in the long run will eventually create more profit or make a lot more money because they’ll have an extra market that parents and children are interested in. They will also focus on education as seen on adverts they already sell school uniform for children that are a certain age which is mostly primary school. They will also sell school equipment for all ages from primary to secondary and even to college. This opens a whole new market.  Tesco should increase their toy department because of the Birth rate increase but they are doing well on education because they do adverts on school equipment and school clothing for children.

Tesco have been involving themselves by setting up charities and events. Tesco said they are going to send 1% pf their pre-tax profits to charities to help and support them. They raised £50m for charities and they raised an extra £10m to support Diabetes UK and they are planning to raise £22m for Diabetes and British Heart Foundation to help and support them.

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Comparing both Tesco’s and Starbucks is they both are helping their communities and they both are raising funds to help charities. In my opinion both businesses are doing great for organising events and activities to help support charities and causes

The advantage is Starbucks engaging themselves in these missions helps them get a bigger awareness to the public, if they didn’t follow their social responsibilities, they wouldn’t be a popular brand and could suffer sale performance.

The disadvantage for Starbucks is they are giving away free coffees and spending more money to set up activities and events to raise money. ...

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