The phrase, “Social Responsibility”, might mean different things to different people. However in the business context, social responsibility refers to a culture of requesting donations of day-old products approached Company Q. The grocery retailer refused the request citing concerns their employees might steal valuable food and say the opposite effect. On the other hand, actions that include donations of food to local charities and display social responsibility will increase foot traffic and revenue. Important to remember is that Company Q has a responsibility to its stakeholders to conduct business in an ethical manner and wasting food is not ethical. Employees want to work for a company that takes care of them and appreciates them.
B. Three actions that company Q could take to improve the company’s attitude toward social responsibility. 1) First, Company Q should establish a company wide social responsibility program to promote a sense of obligation to the company mission statement. Company Q’s charitable efforts in the community, will encourage each employee to make Company Q a success. In this way, Company Q’s stakeholders will gain a sense of pride in their investment and place of employment. In addition, all stakeholders should be made aware of all 2) promote organizational ethics and values. Included in this effort should be an adherence to a code of conduct by all direct stakeholders. An emphasis on company values and ethics will cause honesty, integrity and fairness to be the only acceptable Company Q standard. 3) Finally, Company Q should re-open the two stores management closed and advertise a new community effort revitalize the surrounding communities. In this way, Company Q will be able to capitalize on prior expense due to
, an effective code of ethics program will begin the transformation of employee value systems to foster honesty and integrity in the workplace. Moreover, when Company Q re-opens those two stores it will be a signal to everyone involved that management does more than write goals on paper, they put it to action. Finally, like Company Q, many companies have forgotten what it is that makes a company great. True success cannot be measured by just a balance sheet. True success is measured by how a company serves its stakeholders and how it improves the communities in which it serves.