Thursday, February 13, 2020

Great A&P Essay Example | Topics and Well Written Essays - 1000 words

Great A&P - Essay Example The Great Atlantic & Pacific Tea Company was not the first chain retail store, nor did it invent the concept of the supermarket. A&P did not develop any new business strategies nor did they employ a single technique that hadn’t been used previously by others in some form or fashion. They were, however, able to find wild success in the transformation of the process and efficiency of food distribution in Depression-era America and afterwards. The changes A&P subsequently made to our food distribution system set the stage for it to become the largest retailer in the world between the years of 1915 and 1960. A&P recognized that the nation’s reliance on small, independent grocers was not effective since it was primarily based off high price margins and low volumes of stock. Consumers did indeed benefit from the changes A&P integrated into the modern shopping experience, but heated debate did ignite among small business owners and politicians the country over. It would seem t hat the Great A&P itself had undercut local, independent butchers, bakers, and candlestick makers in order to unite and profit from the retail conglomerate that it had envisioned. Although A&P didn’t actually cause these problems, it certainly took the heat for them, and Levinson does an ample job of illustrating how A&P’s triumphs put the organization center stage over the possibilities of corporate monopolization meant for the livelihood of small business owners nationwide. George Gilman, in the 1860s in New York City, differentiated his leather goods business into beverage and tea sales.

Saturday, February 1, 2020

Case study-bp struggles to resolve sustainability disaster-Ethic paper Term

Case study-bp struggles to resolve sustainability disaster-Ethic - Term Paper Example This incidence has affected the company severely damaging its reputation, costing it heavy losses and declining its business and productivity. The Deepwater Horizon disaster has produced cleanup costs that may exceed $40 b. In addition, billions more ultimately will be spent as a consequence of criminal and civil penalties and lawsuits. It also has produced an inestimable loss of reputation and goodwill for BP, a huge company that is more than a century old. The company was also blamed for acting unethically and avoiding its corporate social responsibilities. The aim of this paper is to examine key questions concerned with corporate ethics. These questions include whether any corporations believe that they must give evidence of acting ethically, whether this insistence is just politically-correct window dressing in many instances, whether it represents genuine moral concern on the part of top managers at the companies which issue them, whether it is truly good business for a corporat ion to institute ethical practices or whether these practices simply purchase a tawdry respectability within the community for a company. The answers to these key questions will be discussed in this paper in the context of BP. The role and significance of ethical considerations in corporate management Contrary to the earlier business practices and beliefs the present day corporate management provides significant importance to ethics in business and recognizes the the role and significance of ethical considerations in corporate management. Traditionally, the ethical principles were used for defining business rules and regulations and a set of standards which corporations should follow but presently, there are considered as serious issues required for the success of the organization and the top level management consider them vital issues for the business as they have to be accountable to their stakeholders including their customers who are life and blood for them and the ethical issue s are part of their social responsibility (Cavanagh, Moberg and Velasquez, 1981). The ethical considerations are still a dilemma for many corporations and they find it difficult in deciding about ethically acceptable or unacceptable behavior or situation. In the absence of clear and concrete definition of business ethics the corporations need the services of ethical consultants to resolve ethical issues. In the context of the Deepwater Horizon oil spill, BP has been alleged for many serious ethical problems that have occurred after the incidence, but a close investigation of the issues suggests, given the facts as presented in this case, that the company has acted quite ethically and genuinely to all its stakeholders. The most critical ethical dilemma before the company was whether the company was fair and honest enough in handling the issues after the disaster. There is no limit to the expectations of the people and they always seek more than what they get. The company is spending substantially for the clean up projects for the damage caused by the Deepwater Hor