Corporate environment mgt (2)

To our Presentation

&

We are Thunderbolts

Our Group Members are-

Primark is a subsidiary of international food, ingredients and retailgroup Associated British Foods.

Primark was first opened by Arthur Ryan in June 1969 in

Mary Street, Dublin under the name Penney’s in Ireland.

By 2000 to 2012 its operating 234 branches across the UK, Irelandand Europe but recent years they spread there branches to 284across globe.

Primark is an Irish clothing retailer operating in –

Key concept about Primark-

Provide low cost price for products.

Perform as a retail fashion business.

Like others does not manufactured

any goods by itself.

It conduct with its supplier to produce

goods based on its specification.

So it gets right goods to the right place at the right price.

Bangladesh,India,Chaina,Turkey are the prime source of there supplier.

$4273m in 2012/2013 Financial year.

Q- Describe what is meant by CSR?

Q-Explain the basis for a company undertaking CSR activities.

• TANJINA AFROZ

ID:2012010000293

• Primark Company is low cost company and they can be attack for the British press for bad practices and exploitation off the workers.

• Primark need to care are climate change, personal, workers disease, fair trade, advertising to the kids (used the kids in publicity) and poverty history .

• Primark is based in Ireland and they need to be more aware for the British yellow newspaper and TV.

• Low cost companies like Primark are quite easy to attack because need low price product and this companies pay low salary and have bad conditions in the factories

Q: Analyze why the HER project has been a business success, over and

above improving the well-being of the workforce?

• RAKIBUL HASANID:2012010000291

• HER project means Health enables returns project.

• HER project is at profit and productivityproject . Primark need low labor turnover toproduce low cost and quality/price product .They promote cleanliness (basic healtheducation)Primark target are low fertility rateand low illness of the labor force and it is win-win situation. HER project give bestopportunities to employees and use educationas tool for change

• As studies of the HER project in other countries have shown, each dollar invested in the health of female employees can yield more than three dollars in business benefits.

• HER project is not purely about business benefits, but focused on making a Difference to the lives of its supplier workers.

HERproject of Primark.

Q- Evaluate to what extent you think

Primark has been able to reconcile the

interests of its shareholders and

those of the employees of its

suppliers.

Reconcile activity for the shareholder-

Reconcile activity for the employees of its suppliers-

What more extent Primark can take for its suppliers employees-

• Primark can open monitoring branch in there suppliers country.

• They can introduce new branch in the suppliers country.

• Monitoring working condition and ensuring the safety of there suppliers.

• Proper wage should be confirmed for the employees.

• HERproject should be practiced properly.