Strategic Management (16th Edition) Chapter 10, Problem 10ALB Problem Does Hersh

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Strategic Management (16th Edition) Chapter 10, Problem 10ALB
Problem Does Hershey Company or Mars, Inc. Win on Sustainability? Purpose Sustainability reports are increasingly becoming expected or even required by business organizations. This exercise will give you practice in comparing and evaluating sustainability reports. At the www.thehersheycompany.comwebsite, click on “Responsibility” and view the 2-minute video by clicking on “Shared Goodness.” Then click on “Cocoa Sustainability” and read the information. Next, click on “Nutrition & Well-Being” and read through that information. A major rival of Hershey is Mars, Inc. Go to the Mars’ website at http://www.mars.com/global/about-mars/the-five-principles-of-mars.aspx and read about Mars, Inc.’s five principles: Quality, Responsibility, Mutuality, Efficiency, and Freedom. Compare and contrast Hershey’s business ethics, social responsibility, and environmental sustainability efforts with Mars’ efforts. Instructions Step 1 Determine the six best aspects of Hershey’s business ethics, social responsibility, and environmental sustainability efforts. Step 2 Determine the six best aspects of Mars’ business ethics, social responsibility, and environmental sustainability efforts. Step 3 Develop a report comparing and contrasting the two companies with regard to business ethics, social responsibility, and environmental sustainability. In your opinion, does Hershey or Mars receive a grade of A on their business ethics, social responsibility, and sustainability efforts? Grade each company on the three dimensions, and give each an overall grade. Justify your grades.


Strategic Management (16th Edition) Chapter 10, Problem 10ALB
Problem Does Hershey Company or Mars, Inc. Win on Sustainability? Purpose Sustainability reports are increasingly becoming expected or even required by business organizations. This exercise will give you practice in comparing and evaluating sustainability reports. At the www.thehersheycompany.comwebsite, click on “Responsibility” and view the 2-minute video by clicking on “Shared Goodness.” Then click on “Cocoa Sustainability” and read the information. Next, click on “Nutrition & Well-Being” and read through that information. A major rival of Hershey is Mars, Inc. Go to the Mars’ website at http://www.mars.com/global/about-mars/the-five-principles-of-mars.aspx and read about Mars, Inc.’s five principles: Quality, Responsibility, Mutuality, Efficiency, and Freedom. Compare and contrast Hershey’s business ethics, social responsibility, and environmental sustainability efforts with Mars’ efforts. Instructions Step 1 Determine the six best aspects of Hershey’s business ethics, social responsibility, and environmental sustainability efforts. Step 2 Determine the six best aspects of Mars’ business ethics, social responsibility, and environmental sustainability efforts. Step 3 Develop a report comparing and contrasting the two companies with regard to business ethics, social responsibility, and environmental sustainability. In your opinion, does Hershey or Mars receive a grade of A on their business ethics, social responsibility, and sustainability efforts? Grade each company on the three dimensions, and give each an overall grade. Justify your grades.


Strategic Management (16th Edition) Chapter 10, Problem 10ALB
Problem Does Hershey Company or Mars, Inc. Win on Sustainability? Purpose Sustainability reports are increasingly becoming expected or even required by business organizations. This exercise will give you practice in comparing and evaluating sustainability reports. At the www.thehersheycompany.comwebsite, click on “Responsibility” and view the 2-minute video by clicking on “Shared Goodness.” Then click on “Cocoa Sustainability” and read the information. Next, click on “Nutrition & Well-Being” and read through that information. A major rival of Hershey is Mars, Inc. Go to the Mars’ website at http://www.mars.com/global/about-mars/the-five-principles-of-mars.aspx and read about Mars, Inc.’s five principles: Quality, Responsibility, Mutuality, Efficiency, and Freedom. Compare and contrast Hershey’s business ethics, social responsibility, and environmental sustainability efforts with Mars’ efforts. Instructions Step 1 Determine the six best aspects of Hershey’s business ethics, social responsibility, and environmental sustainability efforts. Step 2 Determine the six best aspects of Mars’ business ethics, social responsibility, and environmental sustainability efforts. Step 3 Develop a report comparing and contrasting the two companies with regard to business ethics, social responsibility, and environmental sustainability. In your opinion, does Hershey or Mars receive a grade of A on their business ethics, social responsibility, and sustainability efforts? Grade each company on the three dimensions, and give each an overall grade. Justify your grades.

Explanation / Answer

Six best aspects: Hershey

Six best aspects: Mars

The Five Principles

Hershey's receives a Grade A as the organization does not only focus on corporate social responsibility but has women leaders; with a large representation for women in the firm. It is not just what the organization does for the community but what the organization does in its business.

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