Quirky Turkey and Social Responsibility

Today’s Acrostic is for Change & Social Responsibility with thanks to Hannah & Tahlia.

Students Eat Quirky Turkey, Gobble Everything

Which stands for;

• Social responsibility
• Ecological responsibility
• Quality of working life
• Technology
• Globalisation and cultural diversity
• E-commerce

Every business undergoes change and, as we have seen from our case studies, some do this more successfully (SPC & General Motors) than others (Ansett). However successfully managing change is not only about profit (the bottom line) but also about how well you fulfill your obligations to other stakeholders aside from just the owners and managers. This is often referred to as the “triple bottom line” which states that a business should fulfill three goals (economic, social and environmental) in ordered to be considered succesful.