Other publication type
(Online publication)


Martin Bauer Group: Corporate Social Responsibility with EinDollarBrille


Publication Details
Author(s): Guderian CC, Bican P
Publisher: IVEY Publications
Publishing place: Ontario N6G 0N1, Canada
Publication year: 2016
Pages range: 1-11
Language: English

Abstract

In the fall of 2013, the family-owned Martin Bauer Group, a German-based company and world leader in the business-to-business market for tea and herbal extracts, became interested in the idea of collaborating with the frugal innovation company EinDollarBrille (OneDollarGlasses). The Martin Bauer Group was engaged in multifaceted corporate social responsibility activities, both domestically and abroad. Specifically, it fostered the development and diffusion of frugal innovations, which were affordable products or services developed under strict financial constraints to cater to low-income individuals in emerging markets. These companies usually worked in collaboration with partners. One such frugal innovation company, OneDollarGlasses, created durable, yet affordable, eyeglasses for people in the African country of Sudan, a prime sourcing market for the Martin Bauer Group. The work of OneDollarGlasses illustrated the reasons, motivations, and challenges that innovators often faced within developed and emerging markets when engaging in corporate social responsibility activities. Should The Martin Bauer Group work with OneDollarGlasses? Could the company be helpful and make a meaningful difference to the people in emerging markets by collaborating with frugal innovators like OneDollarGlasses? What benefits would there be for the Martin Bauer Group if they do?



How to cite
APA: Guderian, C.C., & Bican, P. (2016). Martin Bauer Group: Corporate Social Responsibility with EinDollarBrille. Ontario N6G 0N1, Canada: IVEY Publications.

MLA: Guderian, Carsten C., and Peter Bican. Martin Bauer Group: Corporate Social Responsibility with EinDollarBrille. Ontario N6G 0N1, Canada: IVEY Publications, 2016.

BibTeX: Download
Share link
Last updated on 2017-11-19 at 03:10
PDF downloaded successfully