bus 401. primark slides final com

8/2/2019 Bus 401. Primark Slides Final Com

1/13

bir Ahmed Khan 072 323 030a Binte Shahab 081 043 030idullah 072 220 03zmus Saquib 071758030


2/13

mark is a department store chain thatecializes in clothing for men, women aildren

erating over 200 stores in Ireland, UK,therlands, Germany, Spain, Portugal algium

in headquarters are based in Ireland


3/13

rk is known for selling clothes at theet end of the market (at lower price)

any's success is based on:urcing supply cheaplyking clothes with simple designs and f

king clothes in the most popular sizesying stock in bulk


4/13

The concept of CorporateSocial Responsibility (CSR)

"economic, legal, ethical, anddiscretionary expectations thatsociety has of organizations at a

given point in time" (Carroll andBuchholtz 2003, p. 36)

The concept of corporate social

responsibility means thatorganizations have moral, ethical,and philanthropic responsibilities inaddition to their responsibilities to

earn a fair return for investors and


5/13

The concept of CorporateSocial Responsibility (CSR)

CSR requires organizations toadopt a broader view of itsresponsibilities that includes not

only stockholders, but manyother constituencies as well,including employees, suppliers,

customers, the local community,local, state, and federalgovernments, environmental

groups, and other special


6/13

CSR issues in perspective ofPRIMARK

Environment

Employees

Sourcing of product Customers

Community


7/13

Environment

Packaging Waste Regulations

Shared Producer Responsibility

Replacing plastic carrier bagswith paper bags


8/13

Employees

Policies in Primark regarding theiremployees:

Freedom of association and the right

to collective bargaining are respected Working conditions are safe and

hygienic

No child labor

Living wages are paid

Working hours are not excessive

No discrimination is practiced

No harsh or inhumane treatment is


9/13

Sourcing of Products

Primark ensures its Suppliers :

Manufacture goods in good condition

Treat employees ethically Respect human rights

Training for suppliers and factory

workers Independent audit and follow up

visit

Primarks code of conduct


10/13

Customers

Primark provides:

Effective pricing

Low price , high salesvolume

Buy bulk quantities ,

reduce cost Efficient operations,

reduce error


11/13

Community

Abide by Laws & Regulations ofCommunity

Higher standard of living

Supports 2 m in supply contracts

Primark Better Living Foundation

Supports many local charitableorganizations, community projects,families,etc.

Also works with job centre plus


12/13

Conclusion &Recommendations

From the above analysis of CSR issues of Primark,the followings can be concluded:

It carries out many CSR activities

It is very strict about code of conducts It ensures ethical environments in the value net.

E.g.-suppliers, buyers.

Recommendation:

Make the current CSR activities sustainable andexplore situations where many more CSRactivities may be carried for the betterment of thestakeholders.


13/13Questions ???

bus 401. primark slides final com

Documents