Why do companies believe it is natural for children to work in developing countries? Are Timothy and Thomas North America liable for causing harm if global guidelines are misused? If 60 Minutes conducted an interview, would Timothy and Thomas North America be proud of their corporate social responsibility (CSR) practices in Pakistan? There are many questions surrounding the moral responsibility of companies, but how can a solution be reached? Three models of ethical standards will be cited in the case study of Timothy & Thomas North America. From the stakeholder article, it will be necessary to understand the decision-making guidelines for Jonathan Stein, the new Vice President (VP) of International Contracts, to have a clear vision of When Mr. Stein visited Pakistan, he enjoyed the colorful bazaar and the clothes works that Lahore had to offer. Bringing the stakeholder approach to the region unites people by bringing power and diversity to the areas it encompasses. Timothy & Thomas understands that governments, activists and the media hold companies accountable for their actions. If 60 Minutes were to sink its teeth into this story, the company would feel comfortable sharing its values and social responsibility with the world and the triple bottom. Creating Shared Value (CSV) and Corporate Social Responsibility (CSR) aligns emotional reaction and systemic balance. to how Timothy & Thomas operates globally. The formula for success is CSV + CSR = Triple Bottom Line. For a business to survive, it must be economically profitable. It is important that employees have job security, positive working conditions and opportunities for a better tomorrow. A business model that includes social, economic and environmental criteria creates sustainability to maintain a balanced system. Mr. Jonathan Stein, Vice President of International Contracts at Timothy & Thomas, says: “Unfortunately, all the talk about values and social responsibility in the world has not erased the profits” (Nichols). While it is important to maintain fashion's edge in North American and European markets, adopting ethical responsibility in Lahore Pakistan promotes from within by applying the “moral minimum” to law, guidelines and company policies.
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