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Whole Foods Corporate Social Responsibility

641 Words3 Pages

Whole Foods is a company whose actions display a high level of critical thinking and ethical decision-making. We will investigate how their dedication to corporate values contributes to their tremendous success. Corporate values are the guiding philosophies that govern an organization's behavior and relationships with its customers, partners, and shareholders (Ferrell 2017). Also evident from the case is that Whole Foods focuses primarily on organic and naturally produced food. Additionally, they provide consumers with greater access to their products. This improves the sustainability of the agriculture industry and eliminates the environmental issues associated with agriculture. This demonstrates a high level of ethical reasoning. In addition, Whole Foods focuses on healthy living, which is one of the most prized …show more content…

This significantly assists them in attracting more customers, thereby increasing their sales. Moreover, the firm's governance and leadership demonstrate that Whole Foods' significant accomplishments are the result of the company's integration of consumers, employees, and the broader community. The company's core values, which include concern for the community and the environment, demonstrate its commitment to the success of all stakeholders. There were very few natural foods markets available during the time period in which these young entrepreneurs began their businesses. This demonstrates that the market was so favorable for them and that competition was minimal. Therefore, they had a compelling reason to succeed in their business. This substantially contributed to their success in becoming the city's and community's leading suppliers of natural foods. Stakeholders are those who have an interest in a company's products, operations, markets, industry, or results (). This includes customers, investors, shareholders, governments, communities, and numerous other

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Then in 1988, a New Orleans store was acquired, followed by one in Palo Alto, California that following year. This growth continued during the 1990’s with over a dozen mergers of smaller natural groceries stores across the nation and the success continued into the early twenty-first century with John Mackey still at the reins, leading the company as CEO. Challenges grew as well with Whole Foods involvement in several issues related to Business Ethics, including unethical decisions, careless handling of relationships among rivals, complaints of violating anti-trust laws, and controversial activity by the CEO. In addition to Whole Food’s products being considered too expensive, they were also criticized for their acquisitions of small community grocery stores. Numerous residents did not want their stores bought out or closed down, they worried about the impact on the smaller

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