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Est 1 Task 1 Social

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Social Responsibility requires a sense of duty of good to the stakeholder and environment where the business operates. Social responsibility concepts are a part of society focus and adopted by business as the standard for ethics, Presently Company Q attitude toward social responsibility is negative or non­existent. Consistently, management of
Company Q approached business matters with mindset of profit gain. Company Q primary focus on loss revenue created missed opportunities to be social responsible.
The missed socially responsible acts were missed increases in sustainable long term revenue or profit gains.
Company Q revenue driven attitude is the prevailing decision maker for closing two alleged profit losing stores. When Company Q had the appearance of being social responsible by management deciding to offer a few health­conscious and organic products, it was revenue motivated. The revenue motive is overt by the products being high margin items. Although Company Q would not observe a specific loss of profit by donating day old product to a local food bank, management chose to heedless and claim loss due to presumed untrustworthy employees claiming food.
Company Q could greatly benefit by reviewing it mission statement or creating a new statement that incorporates ethics and values that meet the needs of it primary and secondary stakeholders. Future management decision should be based on effects of the stakeholder. Company Q incorporation of the stakeholder need will create opportunities to be social responsible. Social responsibility includes four levels which are economic, legal ethical and philanthropic. Company Q management would have

achieved social responsibility utilizing these principles in previous decision concerning the company. First in the instance of closing the store, management could work with community leader to seek out the source of crime. After the source or sources of crimes are pinpointed, Company Q could help community leader with initiatives to decrease crimes. If a source is identified as an abundance of thefts improving street lighting has shown to decrease these crimes. Company Q could ensure parking lot lighting is sufficient and possible provide funding to ensure lighting is adequate in other areas where the stores are located. The reduction in crime would prevent the store closing which created a negative effect on the environment (abandon buildings) and the stakeholder (displaced customer and employees). Company Q should focus on increase the number of health conscious and organic products by utilizing local grower and producer. Utilizing local will help the local economy by potential creating jobs and using local natural resources which is good for the environment. Lastly, Company Q needs to create donation plan for the food bank that harness a commitment from management and employees. The donation plan should provide the day old product to the food bank meeting their need as will engaging both management and employees in being philanthropy
At some point Company Q should adopt the following statement: “It is not about you.” It applies to life, society, and business. In business this statement is best expressed as social responsibility. Social responsibility is important to business because it vital to company survival and evolution in industry today. Company Q focus was on profit and making a change in focus to social responsibility will provide the desired increase.

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