As you have explored in this course, ongoing challenges in the global business environment are mostly attributed to unethical business practices, failure to embrace technology advancements, and stiff competition among businesses. Imagine that you have been appointed as the Chief Compliance Officer of a Fortune 500 company (HILTON HONORS) and must prepare a presentation for your suppliers regarding your Supplier Code of Conduct to deliver via email, webinar, etc.

For this assignment, you are to create a presentation using

PowerPoint

(or other equivalent software) and your research on the Fortune 500 company from Assignment 1. In your presentation, you are to summarize the important changes and explanations regarding the code of conduct that you would communicate via email, webinar, etc. The specific requirements are listed below.

PowerPoint

Presentation Requirements:

Create a six to eight (6-8) slide PowerPoint presentation in which you:

1. Summarize your chosen company’s Supplier Responsibility information.

2. In your own words, explain how each aspect of your Supplier Code of Conduct is committed to ethical business practices and society social responsibility.

3. Discuss your company’s stance on each of the following areas:

o  Empowering Workers 

o  Labor and Human Rights 

o  Health and Safety 

o  The Environment 

o  Accountability

4. Identify the key ways that your company’s Code of Conduct has changed since last year.

5. Examine the manner in which your company’s Supplier Code of Conduct helps the organization operate as a socially responsible organization.

6. Provide detailed speaker notes of what you would say if you were delivering the presentation.

7. Submit a reference page with at least two (2) quality references, from within the last 2 years, that you used for this PowerPoint presentation. Note: Wikipedia and other Websites do not qualify as academic resources.

Your PowerPoint presentation must follow these formatting requirements:

·  Format the PowerPoint presentation with headings on each slide and three to four (3-4) relevant graphics (photographs, graphs, clip art, etc.), ensuring that the presentation is visually appealing and readable from 18 feet away. Check with your professor for any additional instructions. 

·  Include a title slide containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The title and reference slides are not included in the required slide length. 

ASSIGNMENT 2: CHALLENGES IN THE BUSINESS ENVIRONMENT

Assignment 2: Challenges in the Business Environment

Due Week 9 and worth 330 points

As you have explored in this course, ongoing challenges in the global business environment are mostly attributed to unethical business practices, failure to embrace technology advancements, and stiff competition among businesses. Imagine that you have been appointed as the Chief Compliance Officer of a Fortune 500 company and must prepare a presentation for your suppliers regarding your Supplier Code of Conduct to deliver via email, webinar, etc.

For this assignment, you are to create a presentation using PowerPoint (or other equivalent software) and your research on the Fortune 500 company from Assignment 1. In your presentation, you are to summarize the important changes and explanations regarding the code of conduct that you would communicate via email, webinar, etc. The specific requirements are listed below.

PowerPoint

Presentation Requirements:

Create a six to eight (6-8) slide PowerPoint presentation in which you:

1. Summarize your chosen company’s Supplier Responsibility information.

2. In your own words, explain how each aspect of your Supplier Code of Conduct is committed to ethical business practices and society social responsibility.

3. Discuss your company’s stance on each of the following areas:

. Empowering Workers

. Labor and Human Rights

. Health and Safety

. The Environment

. Accountability

4. Identify the key ways that your company’s Code of Conduct has changed since last year.

5. Examine the manner in which your company’s Supplier Code of Conduct helps the organization operate as a socially responsible organization.

6. Provide detailed speaker notes of what you would say if you were delivering the presentation.

7. Submit a reference page with at least two (2) quality references, from within the last 2 years, that you used for this PowerPoint presentation. Note: Wikipedia and other Websites do not qualify as academic resources.

Your PowerPoint presentation must follow these formatting requirements:

· Format the PowerPoint presentation with headings on each slide and three to four (3-4) relevant graphics (photographs, graphs, clip art, etc.), ensuring that the presentation is visually appealing and readable from 18 feet away. Check with your professor for any additional instructions.

· Include a title slide containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The title and reference slides are not included in the required slide length.

Specific Library Resources to help you get started:

· Access the

Strayer UniversityOnline Library here

.

· Introductory Search – Use the home page’s search box to keyword search many, but not all, databases.

· Targeted Search – Scroll to the bottom of the page for an A to Z listing of all databases. Float over each link to see a description of the database and click to load that particular database’s custom search page. Custom search pages include both basic and advanced search options.

· These databases are only partially searchable through the general search bar. You will have to search for them individually to find resources for your paper.

. Nexis Uni – This contains legal information and would be useful to search for court cases in which your company has been involved.

.

Video Explaining Nexis Uni

· Research Starters are like the academic version of Wikipedia. Search on a topic to get an overview with links to other information within that topic. It will help you get ideas for keywords for your own searches and what you need to know in order to successfully write your paper.

. Research Starters – Business

.

Library Databases – Research Starters

The specific course learning outcomes associated with this assignment are:

· Evaluate the influences of changing economic, political, social, cultural, and technological forces on business and society.

· Use technology and information resources to research issues in business and society.

· Write clearly and concisely about business and society using proper writing mechanics.

Grading for this assignment will be based on answer quality, logic/organization of the paper, and language and writing skills.

Running head:
SOCIAL PERFORMANCE

1

SOCIAL PERFORMANCE

6

Assignment 1: Social Performance Of Organizations

Stephen Reid

BUS 475

Professor Rodney L. Baker

February 3, 2020

Introduction

Interdependency in businesses for growth and development has become inevitable. A company cannot thrive by relying on itself alone, but instead becomes successful when other companies and individuals come in; for instance, integrating stakeholders, employees and clients into a business, makes the transaction more successful. Similarly, businesses and industries depend on other sectors for success. When you look at the tourism industry, it is evident that hotel industries need the transport industry for them to succeed. This is because tourists need to be transported to the hotels for accommodation. Therefore, without transport services, the hotel industry will not succeed. In the same way, travel agents benefit fro commission paid by hotels, while the hotels get more customers. In this paper, we will focus on Hilton Hotels as one of the leading multinational hotels in the world, looking at its various dynamics while operating in the hotel industry.

The Hilton Hotel is a multinational organization that offers services to leisure and business travelers with over 500 branches in different parts of the world. The primary functions and products provided by the Hilton Hotel include accommodation and room services, foods and drinks, conference facilities, family fun packages, gym, and spa facilities. Similarly, they offer additional products like the loyalty program packages, where they give airline points to frequent customers. This is one way that they ensure loyalty from their customers. Also, they offer loyalty skills to their customers by providing free accommodations for those who stay long in their hotels. The services and products provided at Hilton Hotel focus on making visitors and travelers have a comfortable stay while traveling.

Any business is faced with internal and external factors that might affect its success. In our case, the Hilton Hotel may encounter various external factors like competition from other hotels. The tourism and hotel industry has been increasing, with many hotels and tourism companies coming up to cater to the needs of tourists. Looking at the Hilton Hotel, they purely focus on accommodation and comfortable stays in the Hotel. Other Hotels offer transport services from their customers, which makes it more reliable and convenient for the customers. Customers might be attracted to these hotels because of the extra service of transportation, which may put the Hilton Hotel at risk of losing its customers. Political instability is another factor that may affect the success of the Hilton hotel. Due to its global nature, the Hilton Hotel has a chain of hotels in different parts of the world. Every country experiences periods of political waves, which significantly affects tourism. When travelers fail to visit some countries due to the political unrest, the hotel industry is greatly affected. Therefore, legislative changes and issues may affect the success of the Hilton Hotel.

Primary stakeholders in a business are those people who have a direct interest in the industry, and who will benefit when the company makes profits. In this case, some of the primary stakeholders include shareholders, employees, customers, and travel agents. These groups of people can influence the financial performance of the organization in different ways. First of all, without the customers, the business cannot succeed. When customers enjoy services and products, they are most likely going to consume the product in the future (Gitman et al., 2018). Thus, customer loyalty to the organization can improve the financial performance of the Hilton Hotel. Also, when customers refer their friends and families to the Hilton Hotel, the financial performance will improve.

Secondly, the employees can improve the financial performance of the organization by being fully committed to their work and ensuring quality services to the customers. This gives satisfaction to the customers, who end up being loyal to the company. Treating and serving customers well may lead to improved financial performance. On the other hand, employees can only achieve this if they receive the right working environment, which will motivate them to work better.

Thirdly, healthy business partners can contribute to profits in the organization. In the Hilton Hotel, there are many stakeholders in supply chain management, like the suppliers. Negotiations between the suppliers and the organization can influence the amount of money coming into the organization and moving out. Thus, suppliers can help the business in saving on costs by providing supplies at reasonable prices.

Similarly, the travel agents, who have the marketing power, may influence people to come to the Hilton Hotel. This may be made possible through attractive offers on the rates of accommodations and the marketing strategies of the travel agents. Also, attractive commissions to the travel agents may motivate them to lure in more customers to the Hotel. Lastly, the decisions made by the shareholders regarding the operations and running of the business may attract financial benefits into the organization; for instance, the idea of having a loyalty program for loyal customers is a way to attract more customers into the Hotel. Also, the use of carbon-free electricity in most of the hotels attracts more customers to the Hotel. Therefore, shareholders’ decisions significantly impact the financial performance of the Hilton Hotel.

Corporate Social Responsibility has become an essential characteristic of every business. Businesses and organizations should realize the impact they have on society and the environment, and act towards protecting the environment while at the same time benefitting the society (Tai & Chuang, 2014). Hilton Hotel has set the pace in the Hospitality industry by ensuring service to the community while making use of natural resources. It has achieved this in various ways. In terms of the use of energy, the Hotel stakeholders have found ways to use energy-efficient lights in the rooms, while getting rid of any inefficient room appliances. This is a very bold step because, in the hospitality industry, energy is one of the components that leads to high costs in the organization. Therefore, looking for solutions to minimize these energy costs is a way to reduce costs. Also, the Hilton Hotel has tried to minimize wastage by engaging the customers into taking part in repurposing and recycling soap after their stay. This is one of their missions and goals to reduce wastage by around 20%. Thus, Hilton Hotels is aware of their environment, and they are taking steps towards protecting their environment and conserving the natural resources for the good of the whole society.

Conclusion

Every business and organization cannot succeed independently, but instead needs other companies from different industries. Hilton Hotels, one of the leading organizations in the Hospitality industry, has shown this interdependency. Besides, the various stakeholders also play a vital role int h performance in the growth of a business. Lastly, every organization should be aware of its role in the environment and society, and should not only focus on making profits.

References

Gitman, L., McDaniel, C., Shah, A., Reece, M., Koffel, L., Talsma, B., & Hyatt, J. (2018). Introduction to business. OpenStax College, Rice University.

Hilton Sets the Bar for CSR in the Hospitality Industry – Clean the World. (2016). Retrieved February 3, 2020, from

Hilton Sets the Bar for CSR in the Hospitality Industry

Tai, F., & Chuang, S. (2014). Corporate Social Responsibility. Ibusiness, 06(03), 117-130. doi: 10.4236/ib.2014.63013