Corporate Social Responsibility
I’ve always wondered what stores and restaurants do with their leftover stocks. From manufacturing the item and shipping it to stores then onto the shelfs. After the season is over, stores would mark it down from 50% to 75% and eventually 90%. What exactly do they do with their item? Depending on the goodwill of the place, they may or may not donate it.
About a year and a half ago, big corporations like H & M and Wal-Mart were found destroying unsold clothes. They would rather cut up new clothes and destroy them to prevent reselling than to donate the clothes to charity. While some 3rd world countries are struggling to find something as simple as a tshirt, here in America we are destroying clothes.
Corporations need to take more responsibility for their actions and take part is corporate social responsibility. Places like My Favorite Muffin is a perfect example. They donate their day old bagels to the local homeless kitchen or for anyone who asks for it. I have seen in the past when they donated a bag full of about 50 bagels to an organization. This is what businesses need to take part in. Company reputation is something that cannot be bought, it is gained through action and sincerity .
I am a senior at the University of Nevada, Reno, with majors in marketing and management. I am expected to graduate in May of 2012. I would like to pursue my career in the field of research and development.