Monday, July 20, 2015

Trader Joe's Investment Proposal Memo *ROUGH DRAFT*

Demonstrate that you understand the basic concepts of the Triple Bottom Line, Corporate Social Responsibility, Social Enterprise, and Carbon Footprint – What is it? How do we measure it? Why is it important to reduce it? See the “AMDP Memos” tab at http://cchanse7.wix.com/writelivework for ways to handle this task.
Triple Bottom Line:
Corporate Social Responsibility
Social Enterprise
Carbon Footprint
1. Describe the enterprise you are proposing that AMDP invest in. Environmental Leader might be a good place to start your research: http://www.environmentalleader.com/
Trader Joe’s: http://www.traderjoes.com/
a.                    The description should tell me what the company does, how old it is, how well- regarded it is in its field, and something about its financial track record (growth, profit, loss, etc.)
Claims Made on Website http://www.traderjoes.com/
It all started in the 50s... Would you believe we started out as a small chain of convenience stores? It’s true. Way back in 1958. We were called Pronto Markets. In ‘67, our founder, the original Trader Joe, changed our name (yes, to Trader Joe’s) and the way we do business.
We made the stores bigger (if you can imagine), decked the walls with cedar planks and donned our crew in cool Hawaiian shirts. Most importantly, we started packaging innovative, hard-to-find, great-tasting foods under the “Trader Joe’s” name. That cut our costs and saved you money. Still does. And that’s important, because “Value” is a concept we take very seriously. And by ‘Value,’ we mean great everyday prices on all of our great products — no sales, no gimmicks, no clubs to join, no special cards to swipe... How do we do it?”
Financial Track Record
 Hoovers

Any Buyouts? Who is the owner?
Sales Strategy
http://www.businessinsider.com/trader-joes-sales-strategy-2014-10

b.                   The description should include a summary of the company’s own claims regarding its business practices in the areas AMDP is interested in. Please provide a citation of your source for the company’s claims.
2. Present at least two opinions from well-regarded industry sources that provide a critical appraisal of the company’s statements about its practices. Please provide citations for these sources, as well.

3. Make a convincing case either for considering or rejecting investment in the company or social enterprise you have researched.

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