Monthly Archives: September 2014

Controversy on Tim Horton’s and Burger King Merger

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Throughout the years, Tim Horton’s has become a part of the Canadian national identity. On August 16, Burger King and Tim Horton’s announced their $11.4 billion merger. As expected, this disappointed a large portion of the Canadian population.  However, this is not the first time Tim Horton’s has shared ownership with another company. Wendy’s International Inc. purchased Tim Horton’s from 1995 to 2006. The union of both companies has raised fear among supporters who believe the change in proprietorship will alter Tim Horton’s quality and ambience. Controversial articles regarding this issue have invaded the news worldwide. On one side, supporters believe the alliance will enable Tim Horton’s to transition from being an iconic Canadian brand into an iconic global brand. At the same time, no major change should occur within Canada. Essentially, such union brings benefits to both sides. Tim Horton’s gets the chance to boost its brand internationally and both companies get the chance to compete more effectively against McDonald’s and other large franchises. Ultimately, it is a matter of choosing between the brand’s global expansion and the brand’s meaningful connection to Canadians. Both sides make convincing points, but in the end it is about preserving the Canadian identity.

Reference:

Owram, Kristine. “Burger King will turn Tim Hortons into ‘iconic global brand,’ Miles Nadal says.”Financial Post Business Burger King will turn Tim Hortons into iconic global brand Miles Nadalsays Comments. Financial Post, 30 Aug. 2014. Web. 17 Sept. 2014.

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Evans, Pete. “Tim Hortons, Burger King deal would base burger chain in Canada.”CBCnews. CBC/Radio Canada, 25 Aug. 2014. Web. 27 Sept. 2014. 

 

Business Ethics: Billion-dollar Nestlé extracting B.C’s Drinking Water for Free

nestThe role of ethics in business is unquestionable. However, it is consistently overlooked by many companies. Such is the case with Nestlé Waters Canada, the largest bottled water seller in British Columbia. Nestlé Waters Canada currently engages in unethical behavior since the government does not require the company to measure and report water withdrawal. The company’s well draws water from the same aquifer occupied by 6,000 residents. Basically, the company is selling back water that it obtained for free and is already available to people.

The main goal of “social responsibility” in business ethics is to handle and respect society’s issues. According to Milton Friedman, the social responsibility of business managers is to “maximize profits for shareholders, while following certain social customs.” (Friedman) By making customers pay for what is already at their reach in order to gain profit, Nestlé Waters is acting for its own benefit rather than for society’s benefit. Thus, engaging in deception. I am disappointed with the way the company consciously fails to respect society. If I were the CEO of Nestlé Waters Canada, I would disregard B.C’s lack of groundwater regulation and require the company to measure, report and pay for the millions of liters of waters drawn nevertheless.

Reference:

“‘Wild West’ of groundwater: Billion-dollar Nestlé extracting B.C.’s drinking water for free.” Times Colonist. N.p., n.d. Web. 18 Sept. 2014. 

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“Healthy Eating Seminar: Thursday, May 8, 2014.” Beyond The Boroughs National Scholarship Fund RSS. N.p., n.d. Web. 1 Oct. 2014.