Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Organizational Impacts : Describe the organizational benefits of each initiative, explicitly noting the expected positive impact of completing each. Examples of positive impacts include better

  1. Organizational Impacts: Describe the organizational benefits of each initiative, explicitly noting the expected positive impact of completing each. Examples of positive impacts include better alignment to the organization's mission, vision, and culture statements; increased funds or resources saved; and improvements to the organization's brand.
  2. Societal Impacts: Describe the societal benefits of each initiative, explicitly noting the expected positive impact of completing each. Examples of positive effects include increased community building and positive environmental impact.
  3. Customer Impacts: Describe the consumer benefits of each selected initiative, explicitly noting the expected positive impact of completing each. Examples of positive impacts include increased alignment with target markets, improved product access and availability, and improved customer satisfaction.

INITIATIVES: (I NEED MORE EXPLANATIONS BASED ON MY RISKS WRITTEN BELOW)

1)Higher Salaries for Employees:

ORGANIZATIONAL IMPACTS:

  • Higher Salaries Improve Productivity
  • Lower Staff Turnover
  • Reduced Training Costs
  • Higher Salaries Improve Employee Health

SOCIETAL IMPACTS:

  • Higher Productivity
  • Wage increases stimulate spending in the local economy, while reductions in poverty and inequality can lead to greater social cohesion
  • A boost to economic growth

CUSTOMER IMPACTS :

  • Ethical business practice
  • Brand Loyalty
  • Higher pay positively impacts customer service

2)Locally Sourced Materials:

ORGANIZATIONAL IMPACTS:

  • Reduced Supply Chain Costs
  • More Revenue
  • More Flexibility
  • Good For The Community
  • It Helps The Environment
  • Ability To Launch Products Faster
  • Greater Control

SOCIETAL IMPACTS:

  • Environmentally Good for Community
  • True Partnership
  • More Jobs within the Community
  • Strengthen Businesses With Local Suppliers

CUSTOMER IMPACTS :

  • Improved Customer Satisfaction
  • Supporting Their Local Economies.
  • Biting into Better Freshness.
  • Getting Their Hands on Unique Local Products.
  • Feeling Connected to Their Food.

3) Reduce Carbon Footprint :

ORGANIZATIONAL IMPACTS:

  • Reduce Energy Use
  • Eliminate Single-use Plastics
  • Offer a Flexible Work Schedule
  • Educate Employees

SOCIETAL IMPACTS:

  • Cleaner air
  • Healthier diet
  • Reduced energy bills
  • Combat climate change
  • Good Living conditions for the farmers and a positive impact on the world.

CUSTOMER IMPACTS :

  • Better Brand Image
  • Brand Loyalty
  • Customer Loyalty
  • Customer Satisfaction Will Rise

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

E-Marketing

Authors: Judy Strauss, Raymond Frost, Adel El Ansary

5th Edition

0136154409, 9780136154402

More Books

Students also viewed these Economics questions

Question

Create a Fishbone diagram with the problem being coal "mine safety

Answered: 1 week ago

Question

Population

Answered: 1 week ago

Question

The feeling of boredom.

Answered: 1 week ago