Natural Environment and Campbell Soup Essay

Why do some barter firms trace a triple-bottom-line matter while others focus only on realise maximisation? Please, single-valued function a real comp some(prenominal) example to gild your points. The triple bottom line outcome foc wonts on the concept where firms be environmentally conscious and socially responsible by achieving a equilibrize between profits, avoiding damage to the environment, and achieving social benefits (Douglas, 2012). Traditionally, firms focused on profit maximization to achieve profits to pay out dividends and capital gains so shareholders rear end taint things. In a recent article, Nursing Homes are overbilling Medi help $1.5 one thousand thousand a year for treatments patients dont need or neer receive. When nursing homes where for-profit, 30% of claims sampled were considered improper while non-profit nursing homes estimated only 12% (Waldman, 2012).Jill Horwitz, a professor at the University of California stated that for-profit health care pr oviders are more likely to pursue money in any focusing possible, even by pushing the legal envelope (Walkman, 2012). thither are still for-profit companies who pursue a triple-bottom-line outcome. Campbell Soup Company has been environmentally conscious and socially responsible since 1953. The Campbell Soup Foundation has been supporting local anesthetic communities where employees live and score financially. Campbell Soups headquarters is located in Camden, New Jersey where they donate approximately $1 million distributively year to impact the local residents in a positive direction (Campbell Soup Foundation). They focus on hunger relief, childhood obesity and youth-related programming. not only does Campbell Soup invest in its local communities, they also assistant is many non-profit compositions like the Boy & Girls Club and the United Way.Customers can capture firms to pay more attention to the preservation of the natural environment by emphasizing how important the com munity and environment in which they live are. more organizations are now trying to go green. They are making products that use fewer materials and are less harmful to the environment. If customers refuse to buy products from organization that do not value the environment, organizations pull up stakes change to customers needs. Along with not buying products, customers should not invest with companies who do not value the environment and communities. Economists incorporate the triple bottom line into their models of business decision making by take for granted that many individuals provide buy shares in companies that achieve the triple bottom line outcomes they want and will sell shares in companies that do not (Douglas, 2012. Pg. 7).ReferencesCampbell soup foundation. (2012). Retrieved from http//www.campbellsoupcompany.com/Foundation.aspx Douglas, E. (2012). Managerial economics (1st ed.). San Diego, CA Bridgepoint Education.This text is a constellation course digital mater ials (CDM) title. Waldman, P. (2012, celestial latitude 31). For-Profit Nursing Homes Lead in Overcharging While Care Suffers. Bloomberg. Retreived from http//www.bloomberg.com/ forward-lookings/2012-12-31/for-profit-nursing-homes-lead-in-overcharging-while-care-suffers.html 1. pissed ObjectivesWhy do some business firms pursue a triple-bottom-line outcome while others focus only on profit maximization? Please, use a real company example to illustrate your points.Guided resolutionIn 300 words or more, please, provide your response to the above discussion question. Comment on how customers can influence firms to pay more attention to the preservation of the natural environment. Respond substantively to at least both of your associationmates postings. Substantive responses use theory, research, and experience or examples to support ideas and further the class knowledge on the discussion topic.2. Decision Making Under skepticismTo save on gasoline expenses, Edith and Mathew agree d to carpool together for traveling to and from work. Edith favorite(a) to travel on I-20 street as it was usually the fastest, taking 25 proceeding in the absence of traffic delays. Mathew pointed out that traffic jams on the street can lead to long delays making the trip 45 legal proceeding. He preferred to travel along Shea boulevard, which was longer (35 proceedings), but rarely had traffic jams. Edith agreed that in case of traffic jams, Shea Boulevard was a reasonable alternative. Neither of them knows the state of the highway ahead of m. After capricious to work on the I-20 highway for 1 month (20 work geezerhood), they found the highway to be jammed 3 cartridge holders. Uncertainty is when the potential outcomes are not predictable and/or the probabilities of these outcomes are not estimable ahead of time (Douglas, 2012). * I-20 = 25 transactions w/o delays (25 transactions * 365 age = 9,125 minutes) * I-20 = 45 minutes w/ delays* Shea Boulevard = 35 minutes w/o delays* 1st month of travel there where 3 traffic delays assuming 20 workdays each(prenominal) month1. Assuming that this month is a full representation of all months ahead, should Edith and Mathew continue to use the highway for traveling to work? * 3 jams (workdays) * 45 minutes = 135 minutes* 17 workdays * 25 minutes = 425 minutes* Total = 560 minutes compared to* 20 workdays * 35 minutes = 700 minutes when taking Shea Boulevard. Edith and Mathew should continue to use the highway because they save one hundred forty minutes each month. 2. How would you conclusion change for the winter months, if bad atmospheric condition makes it likely for traffic jams on the highway to increase to 6 days per month? * 6 jams (workdays) * 45 minutes = 270 minutes* 14 workdays * 25 minutes = 350 minutes* Total = 620 minutes compared to* 20 workdays * 35 minutes = 700 minutes when taking Shea Boulevard. Edith and Mathew should still continue to take I-20 during winter months because they will co ntinue to save time. They will save 80 minutes of time taking the highway during winter months.3. How would your conclusion change if Mathew purchased a new smart-phone app that could show the status of the highway traffic prior to their drive each morning, thus reducing the probability of them getting into a jam pour down to only 1day per month (where on this day, the app showed no traffic jam, but a jam developed in the meantime as they were driving along the highway). The conclusion would change in that Edith and Mathew should take Shea Boulevard on days in which they know there is an accident ahead of time. Either way they should continue to take the highway unless they discover accidents ahead of time.Non-Winter* 1 jams (workdays) * 45 minutes = 45 minutes* 17 workdays (highway) * 25 minutes = 425 minutes* 2 workdays (Shea Boulevard) * 35 minutes = 70* Total = 540 minutes compared to* 20 workdays * 35 minutes = 700 minutes when taking Shea Boulevard. Winter* 1 jams (workdays) * 45 minutes = 45 minutes* 14 workdays (highway) * 25 minutes = 350 minutes* 5 workdays (Shea Boulevard) * 35 minutes = 175 minutes * Total = 570 minutes compared to* 20 workdays * 35 minutes = 700 minutes when taking Shea Boulevard.4. Further, comment on how the conclusions of this problem will change if there was no uncertainty and the highway always had traffic jams, whereas Shea Blvd was always traffic jam free? Is this scenario pictorial and why? Respond substantively to at least two of your classmates postings * 20 workdays * 45 minutes (I-20 w/ jams) = 900 minutes. * 20 workdays * 35 minutes (Shea Boulevard) = 700 minutes. If this was the case, Edith and Mathew would take Shea Boulevard every day. The scenario can be realistic because construction could incur at some point throughout the year cause delays and an increase in accident rates.ReferencesDouglas, E. (2012). Managerial Economics (1st ed.). San Diego, CA Bridgepoint Education.This text is a Constellation course digi tal materials (CDM) title.