Outcomes
Efforts: Cultural Awareness and Civil Engagement Activities
Civil Engagement
Target Corporation believes that sharing their experience and resources with policy makers will give rise to better decisions for communities and businesses. The civic activities of Target can be categorized into public policy, issue advocacy, and political engagement.
1. Public Policy
The company believes that participating in legislative and public-policy activity is a significant and essential constituent of being a differentiated, multinational retail business. Target works in tandem with voted officials of both political parties to aid in shaping positive public policy solutions that are beneficial to its business operations, team members, clientele, as well as the consumers they serve. The corporation is dedicated to ensuring the alignment of public-policy activities and business interests, capitalizing on a decision-making process to support continuing amenability with their alignment goal, and sustaining transparency to all stakeholders. Notably, in the 2012 fiscal year, Target Corporation unveiled Citizens@Target, which is the corporation’s action center for members of the team and clientele. The company also provides an unbiased platform for civic engagement that accentuates issues influencing Target’s business and offers resources for team members and members of the community to participate (Target Corporation, 2019).
2. Issue Advocacy
By being a major retailing company and also employing approximately 350,000 team members, Target Corporation plays a positive role in notifying policymakers regarding numerous legislative issues. The company advocates at all levels of government, with trade companies and policy-based establishments, to guarantee that the effect legislative and regulatory issues have on the business operations; the industry in its entirety, communities and members of the team is comprehended. In the 2017 fiscal year, Target Corporation’s direct advocacy lays emphasis on three aspects including new store expansion, employee scheduling as well as trade, which are perceived as the company’s fundamental priorities. This is owing to their influence in the retail industry, and furthermore, the direct and substantial effect to the business (Target Corporation, 2019).
In regard to new store expansion, one of the key strong suits at Target takes into account their flexibility in retail store design. In recent times, the company initiated small format stores in situation where a conventional Target store would not fit, for instance, urban markets and proximate to college and university grounds throughout the nation. These stores range in terms of size and variety, and enable Target to generate a more locally pertinent experience for consumers. Secondly, as for employee scheduling, Target’s retail stores attract a diverse and gifted group of team members, partly owing to the reason that the company offers flexible scheduling policies. Notably, hourly...
Target Trends – External Environment Target is subject to a number of different trends that affect its business. These include external factors in the economic, technological, political and social environments. The economic environment has the most direct impact on a company like Target that sells a broad range of consumer staples to a broad audience across the entire country. During the last major recession, Target struggled with sales that tracked GDP, flatlined
Corporate Social Responsibility I attaching assignment paper write essay CSR. Given the heightened level of international operations and globalization, pressure is mounting for corporations to behave ethically. Corporations are forced to developing standards, policies and behaviors as a demonstration of their sensitivity to concerns of stakeholder. The policies behaviors and standards are what a European commission called corporate social responsibilities. The Commission defined corporate social responsibility (CRS) as "a concept whereby companies
By addressing this issue that concerns all customer segments, our company might even expand its line of products by developing products that address these customer segments. In conclusion I must make it very clear that it is imperative that our company, as well as other companies activating on the Chinese market, no matter what their area of activity is, are obliged to improve consumer confidence. One of the best and the most durable ways of
However, the actual crisis could also become a good opportunity to show how the company actually cares about its social responsibilities. On one hand, outsourcing had not been done only to increase the company's profits, but it was done so as to be able to benefit the local community, offer jobs to the Chinese people and increase the overall living standards in that country. At the same time, outsourcing to
D.) Contribution The authors are making a major contribution by focusing on areas that have received limited amounts of study. This is helping to create new ideas about how a more diversified and active board of directors can help to improve social governance. As a result, there is discussion in how these ideas can be utilized in future studies (to help understand the challenges facing firms). ("Abstract Article Three," n.d.) Article Four: The
Corporate Social Responsibility, Ethics, And Business Law: The Fall of Enron and the Discussion of Morals in Business Ethics in business has continued to be a growing concern in the twenty-first century. In order to protect and attract stakeholders, companies have enforced social responsibility, while law has protected and ensured security to stakeholders through the passing of laws. Despite corporate social responsibility and federal law, individuals in some businesses still find means
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