“With great power comes great responsibility.” As companies grow, so do their responsibilities. Companies have a constant decision as to whether or not they want to do right by their stakeholders, and this is what determines their social responsibility. Company’s stakeholders consist of their employees, customers, communities and investors. And it is their duty to perform in ways that are ethical to them, as they need one another to strive. Some companies strive to have relationships with their community, while others try to push their way through and take over. Two companies that are great examples of this, are two food companies- Panera and Nestle.
Panera is a company that prides themselves on giving back to their community. Panera is a …show more content…
Just to one organization alone, Panera donates between roughly $150-$200 million dollars in food products each year. (Carmichael, 2011) But to Panera, that is simply not enough. Panera still continues to go through a great length in demonstrating social responsibility to its community. Another great example to Panera’s attempt to contributing to society is their Community Cafes, or better known as “pay what you can” cafes. These cafes are just like any other one of Panera’s bakeries, however, the only difference is, they do not charge their customers. Instead, they are simply asked for donations, or to pay what they can. Panera has specifically targeted low communities to put their community cafes in. With Panera’s five current community cafes they have …show more content…
Nestles has also sold formula milk that contained an illegal chemical in it, all to add more added protein to the formula to make it sound better for the infants, but instead it managed to make over (quote here 300) infants ill. Nestle not only has unethical ways of making profit, but they have also managed to team up with smaller companies to join them in their unethical ways such as Hershey's. It is clear that the benefit of money has ruined their relationships with their
Panera is a company that prides themselves on giving back to their community. Panera is a …show more content…
Just to one organization alone, Panera donates between roughly $150-$200 million dollars in food products each year. (Carmichael, 2011) But to Panera, that is simply not enough. Panera still continues to go through a great length in demonstrating social responsibility to its community. Another great example to Panera’s attempt to contributing to society is their Community Cafes, or better known as “pay what you can” cafes. These cafes are just like any other one of Panera’s bakeries, however, the only difference is, they do not charge their customers. Instead, they are simply asked for donations, or to pay what they can. Panera has specifically targeted low communities to put their community cafes in. With Panera’s five current community cafes they have …show more content…
Nestles has also sold formula milk that contained an illegal chemical in it, all to add more added protein to the formula to make it sound better for the infants, but instead it managed to make over (quote here 300) infants ill. Nestle not only has unethical ways of making profit, but they have also managed to team up with smaller companies to join them in their unethical ways such as Hershey's. It is clear that the benefit of money has ruined their relationships with their