Find out some strengths and weaknesses of the strategy

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Question: 1. Read the following case of corporate social responsibility. Now find out some strengths & weaknesses of this strategy, if it is applied in Bangladeshi company. Founders of Ben & Jerry's, Ben Cohen and Jerry Greenfield, have always been focused on giving back in any way possible. At the same time they have kept true to themselves the value of connecting the company with its employees. To accomplish various CSR goals, Ben & Jerry's created the "Ben & Jerry's Foundation." The company has set the bar high by giving 7.5% of its pretax profits to charitable organizations around the world. Ben and Jerry's strives "to show a deep respect for human beings" whether they work for the company or not. They have donated over two million dollars to multiple organization it the hopes to have a positive impact on society.

2. When competition is around rapidly evolving product features & technological change is faster in an industry, public try to become conscious about spending money & try to purchase a bit low cost products. Do you agree with this statement? Explain your logic with a few points.

Reference no: EM132696454

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