Giant Hypermarket Case Study

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1.0 Responsible Business Responsible business is an organization being accountable to others and having duties and obligations for which you are answerable to others. A responsible business seeks to operate honestly, considers people and the environment when making business decidsions, and tries to make a positive conntribution to the local community and to wider society. Nonethelessto be a responsible company, the compnay must first listen to their stakeholders which includes, supplier, consumer, employees and government. 1.1 Giant hypermarket Malaysia Background Giant hypermarket was founded by the Teng family as a small and simple grocery store. Their first store was in Kuala Lumpur in year1994. Their mission is to provide many choices of food products at the most cheapest price in the market. The key sucess of Giant today is because of Dairy Farm, …show more content…

The stakeholders includes, leaders of the organizations, employees, supplier, consumers, government, people who will be involved in the programs, and people who may be affected the business direct or indirectly. The reason why an organization must work with the stakeholder it is because the help of stakeholders can benefit the organization for a good outcome. 2.1 Current Corporate wellfare of Giant hypermarket A good organization should always practices ethical behavior to maintain in the highest standards of ethical business practices in order to be succesful. For example, being fair and honest in all business dealings, including professional relationships with their employees, supplier and consumer. Once you have a good relationship with your employees, it can helps to boots the employees motivation so that the company can experience the increaces of productivity and employee loyalty, therefore, it increases the profits for the business as

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