Tag: profits

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Writers Solution

Marketing/ Branding Initiatives that balance People, Planet and Profits

RESEARCH PAPER – WEIGHTAGE- 12% of grade 

The main goal for this assignment is that students gain an in-depth understanding about an emerging topic in Marketing.

 Each student will conduct in-depth research on the topic and write the research paper.

The theme for research is: Marketing/ Branding Initiatives that balance People, Planet and Profits

Please note that a theme has been provided. It is not a topic. You can consider a specific marketing problem under this broad theme. 

Important Suggestions:

1) This is a very broad theme. It is important that you select a narrow area of research under this

broad theme for better output.

2) Please review resource links provided below to help you understand how to write research

papers. Link 2 is a particularly useful guide.

This assignment is worth 12 % of your final grade.

Instructions

1)    You may consider organizing the research paper as follows:

• Introduction

· Relevance of the topic

• Objective of the Research/ Research Questions

• Discussion (organize in appropriate sub sections)

• Conclusions

2)    The suggested word limit is 1800-2500 words.

3) Must use external academic (these include research journals; consider using your library) and

relevant non-academic references. Provide in-text citations and should provide references in

APA format.

Resources to learn more about organizing a Research Paper:

1) https://www.ufv.ca/media/assets/academic-success-centre/handouts/The-Research-Paper2009.pdf 

2) https://library.ufv.ca/research-help-guides/assignment-planner/research-paper-planner/ 

3) https://cnc.bc.ca/services/library/tutorials-help/research-paper 

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Writers Solution

When looking at profit from this theory’s perspective, the idea is that profits will help empower and sustain the community as a whole. Profits are more than just a benefit for shareholders.

 The concept behind the triple bottom line is that companies are responsible to all their stakeholders. This includes everyone involved with the company, whether directly or indirectly. It also includes the planet on which we all live. This approach views shareholders as very important stakeholders. This approach also recognizes the need for companies to consider other important stakeholders in the company, including employees, customers, vendors, and the larger community.

Before writing this week’s discussion posting, review this MindTools article, “The Triple Bottom Line: Measuring Your Organization’s Wider Impact,” for more details on the triple bottom line.

This Week’s Discussion Post

For this week’s discussion, please respond to the following:

How would you implement the triple bottom line (people, planet, profit) concept at your chosen company, whether you are using the snack food company scenario or the company of your choice?

Keep the following format in mind as you complete this week’s discussion:

  • Profit: When looking at profit from this theory’s perspective, the idea is that profits will help empower and sustain the community as a whole. Profits are more than just a benefit for shareholders. Briefly explain your approach.
  • People: Describe your approach to caring about suppliers, customers, employees, and the community. For example, one way to care about employees is to provide a good working environment, training and development opportunities, and health care.
  • Planet: Explain your approach to minimizing your company’s impact on the environment. For example, your company might develop a process to minimize waste or reduce energy usage, such as using recycled materials in its production process.

Post at least one substantive comment to another student’s post.

Notes 

  • Textbook Chapter 14, “Social Responsibility & Sustainability,” pages 259–270, provides additional detail on this topic.
  • You will use the information from this discussion post and the feedback you receive in the Social Responsibility section of your Week 8 assignment, Operations, Technology, Management, and Social Responsibility Plan (With Financials).

In your response, include: 

1. A brief description of your business (name of the company, what you do, what products or services you are selling)

2. Use the 3 headings (People, Planet, Profit) and discuss per the instructions. Specific examples of what you will do at your company are required.

Additional resources:

Check out these videos to see how the concept is applied at Honest Tea Company.  

  • “Dr. Woody Interviews Seth Goldman of HONEST Tea” (6 min 1 s)
  • How entrepreneurs can change society – the story of Honest Tea: Seth Goldman at TEDxMidAtlantic