Reference no: EM133771579
Learning Outcomes:
1.3 Explain the forces driving and evaluating the impact of globalization.
2.2 Identify the major components of international business management.
3.1 Carry out effective self-evaluation through discussing economic systems in the international business context.
Case study
Please readCase 5: "Woolworths' Corporate Responsibility Strategy" available in your e-book (International business: Competing in the global marketplace (13th ed.), at page no.632, and answer the following questions:
Assignment Question(s):
Question 1. What challenges do you think a company like Woolworths Group is facing when developing and implementing a companywide corporate social responsibility strategy that considers more than 205,000 employees, diverse interests, and stakeholders? Discuss. (Minimum words: 400,Mark:2)
Question 2. Woolworths Group is trying to reduce its carbon emissions or footprint by 10 percent. Based on where we are as a world, is 10 percent enough of a reduction? Perhaps global warming is not real, albeit the vast majority of scientists clearly suggest it is; what do you think? Give logic in support of your answer.
(Minimum words: 600, Mark:6)
Question 3. Woolworths' targets are to achieve a top quartile ranking in how the business engages fairly and equitably with its suppliers. How do supplier relationships and the fairness in dealing with suppliers relate to sustainability and "doing good" for society (and the company)? Explain. (Minimum words: 400,Mark:2)