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Tomk Essay

490 Words2 Pages

After viewing the struggling lives of Argentina, Blake Mycoskie created the TOMS company in order to provide kids with a pair of shoes and also to give back to communities and individuals in need. He established a basis of providing kids with various pair of shoes who are less lucky to even have shoes on their feet. TOMS now works with 100 charitable partners in over 700 countries worldwide and has an influence on more than 35 million individuals. The goal of the operation changed the way we talk about our health issues, education, and profitable opportunities for individuals in societies around the world. Giving back to charitable communities is the foundation of TOMS and the operation specifies the trust of refining people’s lives through commercial business. Social responsibility is the knowledge that businesses must embrace its shared responsibilities and not only to focus on exploiting revenue/profits. This relationship is a serious issue that demands businesses to form a relationship within a civilization they function …show more content…

First, many children in poor countries live in areas with a dangerous environment. Lack of cemented roads and other dangers of living can cause serious injuries for children walking barefoot. The second reason involves some physical conditions. Children can contract a disease from not wearing shoes. TOMS shoes business model consists of two parts. The company manages the overall operations. Another organization, Friends of TOMS, manages volunteer activities and support charity donations through their business model, “One for One”. The model is simple: every pair that sells, another pair will be given to a child in need. This is called “Philanthropic Capitalism”, because the company makes income but incorporate philanthropy into its business plan. The company’s ultimate image is to show how working together can create better lives for

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