Business And Government Relations Essay

771 words - 4 pages

Multinational Corporations that maintain high levels of financial transparency and ethical standards realize higher profits in the long run than those that do not. Gap Incorporated adheres to high ethical standards and has enjoyed both financial success and growth globally throughout the last ten years. The company publicly reports numerous financial statements including its annual report, investor advice and guidance, and reports on individual department success. Gap funds over forty non-for profit organizations and sends employees to volunteer at numerous charities. Gap has created a foundation called beyond the seams to make sure the company adheres to environmental, social, and ...view middle of the document...

Ethical conduct and social responsibility characterize our way of doing business. Courage — standing up for what we believe It takes courage to be great. Courage is the willingness to tell the truth and to challenge hierarchy, accepted practice and conventional wisdom. It means standing by our convictions and acting on our beliefs. We are the embodiment of the energy and events of our time, inspiring people from all walks of life with a pioneering spirit. Generations have worn Levi’s® jeans, turning them into a symbol of freedom and self-expression in the face of adversity, challenge and social change. Our customers forged a new territory called the American West. They fought in wars for peace. They instigated counterculture revolutions. They tore down the Berlin Wall. Reverent, irreverent — they took a stand” (Levi Strauss & CO, 1). Levi Strauss reports. What is distinctive about Levi’s public policy approach is both the scope of issues and depth of our engagement in those issues. Areas of concentration in the company policy include advocating for fair international trade, providing fair labor conditions, environmental sustainability, and supporting NGO’s, the ILO, and the WTO. Levi’s advocacy efforts reflect its “profits-through principles” approach which has caused “improved market access, friendlier business climates, more consistent, fair and enforceable labor standards and stronger communities” in every country the company does business (Levi Strauss & CO, 2). Through developing friendly business relations, Levi has been able to expand and gain business in Europe,...

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