
To determine: The practices at Theo Chocolate that reflect the concept of sustainability.

Answer to Problem 1OTJVC
Solution: Theo Chocolate embodies the concept of sustainability
Concept Introduction: While preserving the environment and society, the economic development that generates the wealth and meets the need of the present generation so that the future generations also meet their needs is referred to as sustainability.
While measuring an organization’s social, environmental and financial performance is referred as the term triple bottom line. This is also called as three Ps: People, Planet and Profit.
Explanation of Solution
The concept of making chocolates in the sustainable way was embodied by Theo Chocolate. Initially, other companies manufacturing chocolates by using high quality sweets in its preparation which make the chocolates rich in carbohydrates and thus leading to the problem of obesity and inability to lose weight.
However, Theo Chocolate uses a very different way of making the chocolates which made its carbohydrates content very less. They used bean to serve the chocolate bar production which are produced naturally through organic farming methods. Moreover, the production of chocolates does not even harm the farmers and environment which again is beneficial for the society.
Thus, the practices followed in Theo Chocolate reflect the concept of sustainability.
Want to see more full solutions like this?
Chapter 4 Solutions
MINDTAP MANAGEMENT FOR DAFT/MARCIC'S UN
- Please use the screenshots to asnswer question Give a brief analysis of the data found in the pie chart as well as thosefound in the two column charts created (in your MS Excel assignment),considering the recent move to conducting government transactionsonline and include these graphics in the report.arrow_forwardDiscuss Coca Cola’s approach to diversity using the following three (3) dimensions of Hofstede’s model of cultural differences: Power distance Individualism versus collectivism Masculinity-femininityarrow_forwardCoca-Cola and Cultural Diversity The Coca-Cola Company’s global diversity mission is to mirror the rich diversity of the marketplace it serves and be recognized for its leadership in diversity, inclusion and fairness in all aspects of its business, including workplace, marketplace, supplier and community, enhancing the Company’s social licence to operate. Diversity is at the heart of Coca-Cola’s business. It strives to create a work environment that provides all its associates equal access to information, development and opportunity. By building an inclusive workplace environment, it seeks to leverage its global team of associates, which is rich in diverse people, talent and ideas. Coca-Cola sees diversity as more than just policies and practices. It is an integral part of who it is as a company, how it operates and how it sees the future. As a global business, Coca-Cola’s ability to understand, embrace and operate in a multicultural world, both in the marketplace and in the…arrow_forward
- Discuss four (4) challenges that Coca-Cola might face to manage leadership, inclusion and fairness in all aspects of its business in a multicultural and globally diverse environment. (Please include scholarly references and in text citations within the last 5 years).arrow_forwardDo not copy-paste from other similar ques answer, because I need different one. TASK DESCRIPTION Children educatio Personali Cross- Spouse's n willingne allowanc ss to travel cultural compete Prior ncies internati onal Spouseoverseas job assistanc Host country housing assistanc Income tax equalisati on policy Overseas health care plan Length of the foreign assignme Career experienc Age Receptivity to Internation al Careers Family status Gender nt and repatriati Marital status Educatio Destinati Opportun on on Company ities for country planning culture career || support (Tarique et al., 2015) Tarique et al. (2015) developed the receptivity to international careers framework. Reflecting on generational differences in contemporary organisations, you are required to evaluate this model critically by addressing the following: 1. Identify the factors that are more important to Gen X, Gen Y, and Gen Z in their receptivity to international assignments. (1,500 words) 2. Critically discusses how…arrow_forwardDiscuss the recent trends in board composition, such as the increasing presence of female andindependent directors. write in an essay form using simple basic english(25 marks)arrow_forward
- Discuss the recent trends in board composition, such as the increasing presence of female andindependent directors. (25 marks)arrow_forwardPlease use the screenshots of the updated excel sheet to answer question. based on the updated excel sheet inform these stakeholders of three (3) benefits of conductingcustomer surveys as a proactive approach to gathering feedback andimproving the effectiveness of the new initiative and how Microsoft Excelmade it easy to process the data to derive the information presented in the report.arrow_forwardWhat is the better so net poem about sandwiches 5 days ago . Response a or response barrow_forward
- Kim and Park (2011) argue that corporate social responsibility (CSR) activities not only have value for benefitting social causes but can also be regarded as recruiting tools for attracting potential employees who perceive the organization and its CSR activities as an ethical fit. The foundation of this argument comes from an organizational perspective that views employees as important assets for a corporation. Coming from this perspective would mean that corporations would be cognizant about the imperative to have an active CSR program that matches corporate values, missions, and cultures. Walmart Inc is the company of choice. What are Walmart Inc CSR activities? What do these activities communicate about Walmart Inc? Assess whether these activities are cause beneficial or cause exploitative? Give evidence for the answer. Would it be considered working for Walmart Inc?arrow_forwardThe following cost data relate to the office overhead costs of Hamilton Accounting Services during the just-completed year: • Office rent: $32,400 Office supplies: $6,980 Utilities, office: $18,250 • Salary, office manager: $62,180 • Salary, receptionist: $40,560 • • Depreciation-office equipment: $13,750 Software licensing fees: $27,320 Other miscellaneous expenses: $35,600 Total overhead costs: $237,040 The company applies overhead costs using a predetermined overhead rate of $7 per accountant hour. A total of 36,200 accountant hours was recorded for the year. Compute the amount of under- or overapplied overhead cost for the year.arrow_forwardDescribe the need for financial reports for the following stakeholders.a. The Community (3 marks)b. Creditors (4 marks)arrow_forward
- Management, Loose-Leaf VersionManagementISBN:9781305969308Author:Richard L. DaftPublisher:South-Western College PubUnderstanding Management (MindTap Course List)ManagementISBN:9781305502215Author:Richard L. Daft, Dorothy MarcicPublisher:Cengage Learning
- Foundations of Business (MindTap Course List)MarketingISBN:9781337386920Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage LearningFoundations of Business - Standalone book (MindTa...MarketingISBN:9781285193946Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning



