Whole Foods Market Business Ethics

A business cannot survive without the support of its stakeholders. As Freeman’s Stakeholder Theory points out, you need the involvement of customers and communities as well as happy employees, financiers, and suppliers. A working business can survive without one of these things but it will not thrive in its environment and will most likely face decline. Following a code of business ethics by being responsible to all stakeholders will help keep a corporation afloat. Whole Foods Market prides its self on providing its customers with healthy and environmentally conscious products sourced from many local and organic suppliers. Its new efforts to help The Cooking and Gardening program in Berkeley’s Unified school District will educate children and families on making healthy food choices while working hands on in gardens with the foods they eat. By investing in the well-being of the community’s students, they are satisfying parents who are also customers and employees. They are helping the reputation of the company and thus its value by following through on its goals and values, which satisfies finances and suppliers. Developing a strong statement on its goals for community or environmental improvement seems to me to be the best strategy for a business to portray its responsibility and trustworthiness to consumers.

Original Article
http://media.wholefoodsmarket.com/news/Berkeley-USD