Need help with my Business question – I’m studying for my class.
You will submit an original post (a critique of the WSJ article; 40 points) and two replies to other student’s critiques (30 points).Read a WSJ (Wall Street Journal) article that reports on a topic related to corporate social responsibility and or is related to the week’s textbook chapter reading.Succinctly, write a critique of the article in this discussion forum.The approximate length of a discussion forum response should be about 200 words, 20 lines.Succinctly summarize the article that you have selected.Write about the impact of what you have read on the triple bottom line (e.g., profit, people, planet).Read and comment on two (2) additional student posts from this week.Reply 1By Melanie ViteHey everyone,For this WSJ assignment for this week, I chose this article about Alibaba Plans because refers to how a company uses social responsibility towards a market. Alibaba said it had intended to issue dollar debt, including certain loans, following market conditions, to fund sustainability-related initiatives. To make this fact possible, Alibaba Group Holding Ltd., a Chinese private consortium, plans to sell billions of dollars in bonds. Including bonds with a maturity of 10, 20, 30, and 40 years is their aid. Also, it provided an initial pricing guide for rates on comparable government securities of about 1.3 to 1.6 percentage points. Such 20-year bonds will be known as bonds of sustainability. With revenues rising 52% to the equivalent of $12.3 billion, due to the quarterly performance smashing expectations, while revenue rose 37%. In reaction to the antitrust inquiry, he succeeded in bringing Alibaba to create a task force to review some of their subsidiaries and said they were willing to take on greater social responsibility. Alibaba, however, has borrowed extensively from the foreign bond markets. In 2014, it sold $8 billion in dollar bonds, the same year it went public on the New York Stock Exchange, and in 2017, another $7 billion in dollar-denominated debt. In recent years, as part of a wider market boom, Alibaba bonds have risen in volume, declining yields and potentially decreasing the cost of all new loans to Alibaba. Finally, the triple button line is a term related to sustainable businesses that refer to the impact that a company’s activity has on the three dimensions: social, economic, and environmental. This article from Alibaba Group Holding Ltd., the Chinese private consortium, shows us how it directly helps the market by offering long-term sustainability bonds; thus achieving social assistance. In the same way, on the economic side, they had profited from the sale of their bonds since Alibaba shares have moved drastically in recent months, achieving high profits.Webb, Quentin. “Alibaba Plans Up to $5 Billion Bond Sale.” The Wall Street Journal, Dow Jones & Company, 4 Feb. 2021, www.wsj.com/articles/alibaba-plans-up-to-5-billion-bond-sale-11612330820?mod=searchresults_pos6&page=1.Reply 2By Viviana MolinaI chose the article about Coca-Cola’s plan to rectify its public image by investing in recycling plastic bottles. The main reason I chose this article is the spheres of life this issue affects. As the largest bottling company in the world, Coca-Cola is a major stakeholder in matters that deal with plastics and environmental wellness. Involving the brand in such a collective social responsibility like this is an indicator of the company’s mission and vision. This way, it may attract more investments as some investors shun away from ventures that injure nature’s normal biological and chemical cycles.The move could positively impact society as nature will more conducive and life-supporting. The safety of the air we inhale is greatly determined by burning of plastics. When we recycle instead of burning them, we entice the environment into being lively and conducive again. It will introduce a sense of discipline in other companies and it is even better that most managers understand the role of recycling. While the company may face challenges of installing recycling plants in countries with none, the anticipated results will be worthy the toil in the end. Collaborations with governments will serve well in ensuring that we can develop necessary infrastructure (Lombardo, 2018). ReferencesLombardo, C. (Jan 22, 2018). Coca-Cola, Criticized for Plastic Bottles, Sets Recycling Goals. The Wall Street Journal. Retrieved from https://www.google.com/amp/s/www.wsj.com/amp/articles/coca-cola-criticized-for-plasic-bottles-sets-recycling-goals-1516367648 (Links to an external site.)
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