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4 pages essay about restaurant Subway and how are they socially responsible. Do you actually believe they're responsible? give 3 reasons with no personal opinions, but proves from goodresearches. easy...

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4 pages essay about restaurant Subway and how are they socially responsible. Do you actually believe they're responsible? give 3 reasons with no personal opinions, but proves from goodresearches. easy and simpleEnglishplease.
Answered Same Day Dec 21, 2021

Solution

Robert answered on Dec 21 2021
133 Votes
The assignment analyzes the social responsibility of Subway Restaurants.
Subway corporation alog with its susidiaries, operates as a food service retailer gloablly.
The company is into franchising and oprating of Subway resturants offering its
customers with different food items, soft dirinks, different types of coffee, as well as
everages. The Subway system is committed towards providing of a wide a
ay of great
tasting as well as healthier food choices along with reducing the environmental
footprint along with creating of positive influence within the communities that they
serve globally.
The external environment of a company consists of the macro environment and
industry environment in which a company operates. It includes political, legal,
economic, social, technological and environmental factors affecting the company. This
also decides on the fact how these factors impact the growth of the company. Subway
operates in the food restaurant industry and its competitors consist of burger king,
Wendy’s and YUM which run some of the very famous
ands like KFC, A&W, Pizza
Hut and Taco Bell. Subway is the industry leader in terms of sales, market cap,
employees, gross and net margins. In a global environment, Ba
iers of trade and
information sharing impact the company’s business in a primary way. Removal of such
a
iers helps the company to expand its operations in other countries (Subway food
chain 2000). These also help in raising funds globally thereby giving advantage of
cheaper funds. Growth in countries like India and China are posing increased
opportunities of doing business in these countries.
Companies as a part of business ethics and corporate governance also practices
social responsibility which benefits them in the long run. In the cu
ent scenario,
corporate social responsibility becomes the part of any company’s corporate governance
policies. A separate budget is made by the companies these days towards their social
and environment responsibilities. It has also been observed by the marketers that the
company that is more socially responsible is prefe
ed over the company that is not so
socially responsible by its customers.
The companies attributing some part of their earning to the society and
environment are likely to get more goodwill in the long run (Kirk, n.d.). For e.g. Go
Green logo by many companies like GE and Philips has helped them attain more
goodwill. Also, being socially responsible through environment friendly products of
through sacrificing a very small portion of product profit towards...
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