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Objective 310

In: Business and Management

Submitted By beachbluebaku
Words 567
Pages 3
Objective 310.2.1-05 – EST1
Kenji Kaul
Western Governors University

Abstract
This paper will evaluate and explore Company Q’s attitude toward social responsibility. This paper will also determine if Company Q is socially responsible or not and explanations supporting why. It will also describe actions the company can take to improve their social responsibility.
Keywords: social responsibility, socially responsible
Objective 310.2.1-05 – EST1
In this day and age, businesses are focusing more on being socially responsible than ever before. Company Q’s priorities doesn’t seem to include being socially responsible as much as focusing on maximizing profits by closing the low preforming stores and making efforts to reduce theft. Some effort was made to respond to customer requests by adding organic and healthy foods but at a high cost. Social impact of a business can go a long way to increasing profits and improving things in an area.
When Company Q closed down its 2 stores in a high crime rate area it negatively impacted the community by taking away jobs. By closing down those 2 stores company Q can inadvertently contribute to crime. Areas with fewer jobs have increased crime as more people are desperate to commit a crime to “make a buck.” Company Q can keep open or open new stores in negatively viewed areas to help promote job growth in the community. Businesses are socially responsible in improving the communities they are in.
After a long period of requests from customers to add healthier options Company Q finally relented and stocked health-conscious and organic products, albeit it comes at a high price with little selection. By being socially responsible Company Q can introduce a larger selection of healthy foods with a better price point. Offering healthier foods helps promote the idea that Company Q doesn’t support obesity. Offering them at...

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