Preview

Product Red

Better Essays
Open Document
Open Document
888 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Product Red
1. Discuss the four components of corporate social responsibility and how they relate to a charitable campaign such as (Product) RED. (Product) RED shows their corporate social responsibility by engaging different companies that have products that "we" as the consumers use every day. Also, by engaging a great cause as the Global Fund to fight HIV/AIDS in Africa shows they are making an effort to society to fight this devastating disease. (Product) RED showed their ethical and moral responsibility to the companies by keep purpose of the campaign as the most important reason than who and how the products were made. As long as the product was being made within the legal terms of the law, then many people tend to contribute. Oprah's, was wearing an "INSP(RED)" Gap T-shirt and she proclaimed, " I am wearing the most important T-shirt I've ever worn in my life" (82). One of the stories that really touched my heart was "Motselisi " in their website (http://www.joinRED.com/results) it explained how her life was saved within a 3 month period with a lifesaving antiretroviral treatment. How does participation in a cause-marketing event contribute to a company's social responsibility? This company shows their participation in a cause-marketing event as the core values for this campaign and that not only the companies but the consumers can contribute to the cause to fight HIV/AIDS. Bono and Bobby Shriver, came up with a product that showed that companies could still make money and contribute to a great cause. What role does sustainability play? Sustainability plays a great role in this cause-marketing event. According to VP of marketing, Julia Cordua, states that "Bono and Bobby Shriver did not want a one-time event, they wanted a five to ten years of ongoing donations" "GAP initially offer RED to give 100 percent of its profits to the cause, but Bono and Shriver refused to accept more than 50 percent" (83). The purpose of only accepting 50 percent

You May Also Find These Documents Helpful

  • Good Essays

    Research suggests that 76% of consumers support cause marketing by switching brands and/or retailers. Currently, the majority of cause marketing fundraising for the Dana-Farber Institute is through The Jimmy Fund. It would seem realistic to partner with many more corporations than ones like Gillette and BankBoston as Dana-Farber, a leader in cancer research. It would be logical for instance purchase a bra, designed and manufactured by Playtex, Bali or Hanes if through that purchase, a contribution to breast cancer research is made. A purchase of Crest toothpaste would seem far more likely if Proctor and Gamble agreed to a donation towards oral cancer research. The partnering opportunities seem…

    • 845 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    The NYSEG Corporate responsibility program. Text, page 120. Your study should answer questions 1-3 on page 122.…

    • 1146 Words
    • 3 Pages
    Powerful Essays
  • Good Essays

    Mis 4123

    • 723 Words
    • 3 Pages

    Answers will vary about Product (RED)’s ability to improve Gap’s image as a socially responsible company. Despite critics and bloggers who have decried the partnership with Bono’s cause as hypocritical and have denounced the donations as trivial in comparison to the profits made by the company, the general public is probably less likely to see it in a negative light. Anything that Oprah Winfrey puts her stamp of approval on is generally accepted as a good thing, which includes cause-marketing events such as this one. The fact that the Product (RED) t-shirt that Oprah wore on her show became the bestselling item in Gap history is a sign that shoppers were enthusiastic enough about the partnership to open their wallets for it.…

    • 723 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Est1 Task 310.2.1-05

    • 633 Words
    • 3 Pages

    Company Q is a small grocery store chain located in a major metropolitan area. This company will be evaluated on its attitude towards social responsibility. Also, recommendations will be given in three areas indicating how the company could improve its position regarding social responsibility.…

    • 633 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Go Red For Women Essay

    • 528 Words
    • 3 Pages

    Cause-branding or cause-related marketing can be a risky endeavor for nonprofits, potentially sparking conflicts of interest and tarnishing nonprofits’ reputations.1 However, when executed carefully and strategically, as was done with the American Heart Association’s (AHA) Go Red for Women Campaign, the nonprofit can make a powerful impact. When moving forward on an adult inactivity campaign, AHA should consider lessons learned from Go Red: (1) the power of advertising and branding, and (2) the strategic selection of corporate sponsors.…

    • 528 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Proctor & Gamble

    • 303 Words
    • 2 Pages

    Social responsibility encompasses everything from charity to volunteering to creating an ethical culture. In particular, most corporations have benefactors who receive funds and attention from the company. For example, Proctor & Gamble has contributed to Cincinnati Children 's Hospital. Many corporations also organize charity races or fundraising drives for company-supported nonprofits. These efforts tie into a desire to give back.…

    • 303 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Do you want to donate a dollar with your purchase and support this foundation? Did you know that if you purchase one of the clothing items from this product line today, we will be donating a portion of the funds to a great charity? Did you know that this product was made under the provision of high quality standards? All of these questions are valid and hold true to the idea that the issue of conscious or conscientious consumerism and informed donations is among the news as a “hot” topic. This topic has become a social movement that has taken into account, everyone. Everyone has one time or another come across the key question of whether we can shop or donate our way to doing good for society as a whole. Consumers are the target audience for the social movement and their act of purchasing donates power to support the values associated with conscious consumerism.…

    • 2037 Words
    • 9 Pages
    Better Essays
  • Powerful Essays

    This written assessment is the first of two that provides students with an exercise to assist in their understanding of two important areas of enquiry in management, viz.: the issues, concepts, themes and principles associated with corporate social responsibility and the leadership shown by managers in adopting, embracing and possibly embedding corporate social responsibility within their organisations. As indicated in…

    • 2236 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Ben and Jerry's Case Study

    • 1058 Words
    • 5 Pages

    Ben and Jerry’s approach to forming an alliance with companies that put social and environmental issues before company profits has proven very beneficial to them. By taking firm stands on social issues and donating a percentage of the company’s profits to helping society, they’ve gained a strong loyal customer base that has helped them keep profits steady (Rosenbloom…

    • 1058 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    b. Select one of the above companies. Discuss the way in which the organisation has demonstrated its social and environmental accountability.…

    • 695 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Product Red

    • 564 Words
    • 2 Pages

    I do believe that partnering with (Product) RED can and did improve Gap’s image. I believe that any company that helps with benefiting The Global Fund to help fight against HIV/AIDS in Africa and other countries will help it’s own image as well. It is called Conventional morality. It shows, that as a whole, the company finds it a meaningful cause and that other people will too. I believe it’s a little bit of making a commitment and improving the company’s image in one – and I don’t think there is anything wrong with that. If you owned a business and could help a meaningful cause while improving your business, wouldn’t you do it, too?…

    • 564 Words
    • 2 Pages
    Good Essays
  • Best Essays

    Luxury Brands: What Are They Doing About Social Responsibility? David S. Waller, Marketing Discipline Group, University of Technology Sydney Anurag G. Hingorani, Marketing Discipline Group, University of Technology Sydney Abstract Although luxury goods may be synonymous with extravagance, lavishness, and even waste, it may appear to be a contradiction that a number of companies that manufacture and sell luxury brands have also discovered the value of being socially responsible. With growing criticism of the high costs and exploitation in the manufacture of luxury goods, some companies are increasing the extent to which corporate social responsibility and sustainability issues feature in their business practices. This paper will look at the issues regarding luxury brands and social responsibility, and will focus on LVMH Moët Hennessy Louis Vuitton, the world‟s largest luxury goods conglomerate.…

    • 2488 Words
    • 10 Pages
    Best Essays
  • Satisfactory Essays

    [Red] Case Study

    • 513 Words
    • 3 Pages

    The setup of [RED] was funded by leading corporate players, Bill Gates and George Soros in which primary importance was for a charitable purpose of fighting aids, tuberculosis and malaria in Africa countries. Hence they take on the stance of Shaper of Society. They do not value profits and only focus on the main cause of raising funds. By partnering with other corporate brands such as Apple and Gap, they are in this together to support the good cause and give back to the society. The alliance with these famous brands will make consumers more incline to purchase the products due to brand recognition and “associate themselves with saving lives”. This is not possible for the founders by themselves. Also, with the voluntary vocal supporters such as Lady Gaga and Oprah Winfrey to raise awareness for [RED], consumers will be better aware of the purpose of [RED].…

    • 513 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    But I think that Corporate Social Responsibility is not irrelevant. The fact that making a profit can coincide with making a positive contribution to society does not make that public good irrelevant. Any company should be praised on both accounts: They can cut cost and be socially-responsible. Through such publicity, other companies will also be inspired and follow them. In this manner, they will seek creative ways to contribute to the public good while increasing profits.…

    • 298 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    PATCH 1 (20% of Total mark and maximum of 500 words): Strategic Purpose – [RED] ( Johnson et al., 2011; pages 152-154)…

    • 403 Words
    • 2 Pages
    Satisfactory Essays