EBK MANAGEMENT
EBK MANAGEMENT
12th Edition
ISBN: 9780100546561
Author: DAFT
Publisher: YUZU
Question
Book Icon
Chapter 5, Problem 1OTJVC
Summary Introduction

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

Expert Solution & Answer
Check Mark

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?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!
Students have asked these similar questions
a) Differentiate between Individualism and Collectivism b) Outline any five (5) factors that influence followership behaviours. c) Outline any Five (5) characteristics of flat organisational structure. (10 Marks) (5 Marks) (10 Marks)
Based on the case study below, advise on data collection methodologies and tools Daniel may utilize to collect data, providing a minimum of five examples of inquiries he could pose.     Daniel, a senior business student, has consistently been intrigued by the rivalry between small local coffee establishments and giant multinational corporations. For his study project, he chooses to examine the factors that influence customer loyalty to local coffee shops, despite the  extensive prevalence of international brands. Daniel selects two bustling neighborhoods in his city, each featuring multiple local coffee shops and a minimum of one multinational chain. He intends to investigate elements such as product quality, customer service, pricing, and the communal ethos typically linked to local enterprises. Daniel seeks to comprehend how client demographics, like age and financial level, affect their preferences. Daniel plans to employ a combination of surveys and client observation for his…
a. With the aid of examples, define discrimination. (5 marks) b. Fully discuss any four (4) types of discrimination in the workplace. (20 Marks)
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Management, Loose-Leaf Version
Management
ISBN:9781305969308
Author:Richard L. Daft
Publisher:South-Western College Pub
Text book image
Understanding Management (MindTap Course List)
Management
ISBN:9781305502215
Author:Richard L. Daft, Dorothy Marcic
Publisher:Cengage Learning
Text book image
Principles of Management
Management
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax College
Text book image
MARKETING 2018
Marketing
ISBN:9780357033753
Author:Pride
Publisher:CENGAGE L