Question

In: Accounting

Describe how Warby Parker’s donations positively impact those who receive the donations. Provide 300 word also...

Describe how Warby Parker’s donations positively impact those who receive the donations.
Provide 300 word also watch this video to answe this question: http://www.viddler.com/embed/9af02da%20/?f=1&autoplay=0&player=full&disablebranding=0

Solutions

Expert Solution

Warby Parker is for profit enterprises who donates its product in developing countreis such as India and Sub Saharan African .

In developing countries also they provide to the village sidede people who cant afford an eye wear too for their work .

So they are getting lot of attention for the innovative way that it sells eye wear to the consumer and sells glasses who cannot afford it .

Warby Parker partners with Non Profit called Vision Spring in order to donate their glass abroad.

.Warby Parker and Vision Springs mission is to help enterpreneurs sustain a business and create jobs.

Their code of ethics are Integrity based and Compliance based .Vision spring do campaigns in villages help people with their eyesight and suggesting them about it ,so it positively help the people..

Vision Spring has helped 700 million people world wide because of the lack of eye glasses through campaign and many more ..Warby Parker uses the "buy one give one " strategy which is successful at attracting consumers .

Warby Parker and Vision spring mission is to help enterpreneurs sustain a business and to create jobs..

A recent randomized trial by the University of Michigan found that people who bought vision spring glasses earned 20 percent more .

It is also promising that vision is continously learning and evolving its strategy to increase its impact

This partnership between a profit business and non profit looks promising and solves the problems by one for one model..

So in this way Warby Parker 's doations helped millions of people all over the world ..


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