Tim's Coffee Shoppe: Economy, Social Responsibility, and Sustainability
The public is increasingly scrutinizing the ethical and social responsibility congruence between a company's public statements, company documents, website, and actions. After watching the video on this subject and reading the four levels of social responsibility, you will apply ethics and social responsibility concepts to Tim's Coffee Shoppe based on a scenario.
Topic: The Economy, Social Responsibility, and Sustainability
First watch the McGraw-Hill video in the link below regarding ethics and social responsibility.
https://www(dot)viddler(dot)com/embed/9af02da%20/?f=1&player=arpeggio&secret=89031193&make_responsive=0
Checklist:
According to the video, what is the triple bottom line? Could this apply to Tim's?
What social responsibilities does Tim's Coffee Shoppe have to the community in which it is located?
How can Tim's encourage ethical and sustainable environmental practices at the Coffee Shoppe by customers, suppliers, and employees?
How can Tim's reach the fourth level of social responsibility that you learned about in your reading?
Here is the link to Tim's Coffee Shoppe:
https://kapextmediassl-a(dot)akamaihd(dot)net/business/Media/MT299/2007D/simulation/story.html
Tim's Coffee
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According to the video, what is the triple bottom line? Could this apply to Tim's?
The triple bottom line is essentially a business approach that aims to address the people, the profits of the company, and the planet. In essence, the triple bottom line captures everything that surrounds the company and which directly or indirectly affects its operations. Therefore, it is quite evident that the triple bottom line could apply to Tim's, considering that it is also a business working within the aforementioned realms of the triple bottom line.
What social responsibilities does Tim's Coffee Shoppe have to the community in which it is located?
The first social responsibility is for Tim to respect the business's community and any laws therein. This will ensure that the business does not find itself in the crosshairs or on a collision course with its community (Bowen, 2013). Secondly, there is the need to run an ethical business that will not have damaging impacts on the surrounding community or the environment. Finally, the business can e...