Csr plan for the face shop brand Research Paper

Csr plan for the face mark brand - Research Paper ExampleThe Faceshop is one of the corporate that needs to share some of its sovereign values that will support it in creating economic and amicable values. This is achieved by focusing on the social issues in the society that they are capable of addressing (Mallin, 2009). This document will outline the proposed corporate social certificate of indebtedness strategy, the organizations mission and what the company stands for in order to uphold the standards for the customers.The Faceshop was established in the twelvemonth 2003. It originates from Korea, and it is managed by Jeong Un-ho who is the chief executive officer. The organization deals with the global retail of various lavish products that are ranging from jumble care, decoratives, hair and body care and other accessories that are mainly natural (Pride &Ferrell, 2010).It started with one store in Myeongdong in 2003, and by 2004, it had already set up its 100th store. It exp anded oversees in the years to coiffe in Asia, Europe and United States of the States. Later on, LG household and Health care decided to buy the cosmetic manufacturer. Rumors had initially circulated over the change of ownership, and this had caused the prices of the shares to rise (Pride &Ferrell, 2010). Latest financial performance indicates an annual sale of round worth 250 billion South Korean Won and the operating profit margin is about cardinal percent with up to 700 operating stores (Pride &Ferrell, 2010).In the year 2007, The Faceshop decided to open its avenues in United States of America in San Francisco. They hosted a natural beauty contest which the grand prize was $20,000 in cash and excessively a contract to be The Faceshop USA spokes model (Pride &Ferrell, 2010). There hire been some global issues that rescue come up. They have drastically affected the industry in terms of its market and finances.Some of the customers have been having issues with their products. For example, a lady in San Francisco, California