QN3 Take the global clothing brand Benetton who was found to have used contract

Qn3 take the global clothing brand benetton who was

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QN3: Take the global clothing brand, Benetton, who was found to have used contract manufacturers based in Rana Plaza. Describe its business strategy at the time of the disaster and which responsibilities in the CSR pyramid it appeared to be fulfilling. QN 4: Looking beyond shareholders, let’s analyse Benetton’s list of internal and external stakeholders that it should factor into its LT business decision making. a) List its internal and external stakeholders (the Benetton website lists its stakeholders at ) b) Create a stakeholder responsibility matrix of the three most important stakeholders in terms of: i) their right in making a claim on how firm resources are spent and ii) their power in terms of their influence on cash flow and investments. What CSR responsibilities (economic, legal, ethical or philantrophic) does Benetton have to each of these stakeholders? QN 5: Based on the description of the profile of workers in these garment factories in Bangladesh, their dire working conditions and the consequences of the Rana Plaza and other factory disasters, what can Benetton do to redress and improve the plight of these affected communities? Compare your ideas with the CSR initiatives they are engaged in as referenced on their website. [ENDS] 1
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