Case Study4
Case Study4
How has Patagonia been able to promote corporate social responsibility among other
businesses?
the reasons behind the success of the Patagonia, here Patagonia has follows if your
customers don’t trust organization then organization don’t have customers. Basically,
Patagonia organization has spent more than 185 million dollars for the purpose of
donating to the NGO’s, here this organization was mostly become leader because of it
will achieve success by both donating of its profits and also raise awareness for
less sustainable products may be decreasing and that other companies may choose to
economic benefits seen by Patagonia” (Grace Kortum, 2018). So, here Patagonia will
be one of the successful organizations who has provide positive impact using the
2. Do you think it is beneficial for Patagonia to branch out into ventures other than
apparel?
Yes! It would be very beneficial for the Patagonia to branch out into ventures, there
will be many reasons for this, one of the basic reasons is as we know it will be very
difficult to the organization to maintain on the single apparel, so here Patagonia will
concentrate on more other than apparel will be beneficial for the organization. For
suppose if consider Nike organization it will started as footwear but later it will be
enhanced to apparel in the same way Patagonia has only concentrated on the apparel
organization revenue over the time will helps organization to enter into the profits. So
here Patagonia will be the organization who needs to increases their branch outside
the box because already Patagonia will be shows its brand in apparel which helps to
Patagonia, Inc. will be one of the biggest private organizations, it will be allowing
ownership to use the resources of the organization that can fit, another important thing
we have to consider is privately held organization has certain advantages which will
shareholders will be one of the socially responsible which helps them to create
organization growth. On the other hand, Patagonia has declared earth will be their
sole shareholder by providing $3 billion of assets and $100 billions in annual profits
of the organization which makes the organization into earth it solo shareholder.
References:
Journal. https://journal.businesstoday.org/bt-online/2018/patagonias-
approach-to-environmental-responsibility