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Imagine that you have been hired as a consultant to investigate the social responsibility of two companies, TOMS Shoes and The Body Shop. Your manager finds both of these companies to be inspirational. She would like the SNHU Pet Supply Company to become more socially conscious and has asked you to investigate what Toms and The Body Shop are doing. You are responsible for researching how their socially responsible practices impact both the companies and their customers. Your manager would like you to make some suggestions about how the SNHU Pet Supply Company can become more socially responsible and make ethical decisions.
Question 1: Describe each company's efforts to promote ethical and social good.
Question 2: Describe the organizational benefits from adopting socially conscious policies.
Question 3: Suggest one socially responsible policy that the SNHU Pet Supply Company could put into place, and explain how this would benefit the company and its consumers.
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
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