Social and Ethical Responsibility

In: Business and Management

Submitted By bosh1423
Words 1902
Pages 8
Donald Beauchesne
Business Law Final
Convenience Store

I plan to open a convenience store, with gas station, when I finish with college. I have many years of experience managing and running a supermarket as well as a convenience store. I find a convenience store, as opposed to a supermarket, to be more of a personal business relationship with the customers. In time, you get to know the customers on a first name basis and this makes for a better consumer experience for the shopper as well as for me. A supermarket is too big and has too many functions and I found it hard to get to know the customers on a more personal level. This is something that I look for when being in a position of management.
I plan to offer gas, lottery tickets, alchohol, food, and other everyday necessities at the store. In the town that I live in, there are no convenience stores or gas stations. To get gas, you must travel at least 20 minutes. I would like to offer this service in a town that desperately needs it.
With all of these consumer expectations, come laws that will have be adhered to and licenses that must be purchased to be able to offer these goods.
The first set of laws that I would have to be aware of and follow would deal with me employees. Knowing and following these laws will be in my best interest, and make a fair and safe environment to work in.
The Equal Pay Act of 1963 states that I must pay women the same amount I would pay a man ( Since the job requirements at the store would be the same for everybody, this is a law that certainly applies to me. If I at some point decide to promote someone to manager or assistant manager, then the pay scale for all employees will be about the same. Since a manager or assistant manager would handle more duties, they would receive a higher pay, whether it be man or woman.
The Civil Rights Act of 1964 prohibits…...

Similar Documents

Social Responsibility

...Wal-Mart, one of the biggest retail stores in the United States is widely known for its convenience and its wide range of products. Wal-Marts primary focus is their consumers which are potential employees, consumers, and investors. Having a positive presence in the community that it serves and also aiding in economic advancements is key to Wal-Mart. Wal-Mart is now trying to develop different ways in which it can markets itself as a socially responsible employer while offering a wide variety of opportunities to is potential candidates. In today’s job market, a company’s social responsibility has become come increasingly imperative. Much emphasis is put on how a company can demonstrates its concerns for the environment, human rights, community involvement, and ensuring that their employees are well taking care of in the United States and also overseas. In the eyes of consumers, prospective employees, and investors the company can display that it not only cares about increasing its profits, but also that its presence in the community is not in vain; even thought the ultimate goal is increase the bottom line “WE” the company want to get more involved with the people in the communities in which we are located. Our team believes that one of the key solutions into solving Wal-Mart’s issues should inquire Wal-Mart being more involved in the community, social responsibilities should be more established and this would definitely increase recruitment rates for Wal-Mart...

Words: 722 - Pages: 3

Social Responsibility

...Social responsibility and ethical behavior The imperatives of day-to-day organizational performance are so compelling that there is little time or inclination to divert attention to the moral content of organizational decision-making. Morality appears to be so esoteric and qualitative in nature that it lacks substantive relation to objective and quantitative performance. The word "ethics" is often in the news these days. Certain organizations will commit themselves to a philosophy in a formal pronouncement of a Code of Ethics or Standards of Conduct. Having done so, the recorded idealism is distributed or shelved, and all too often that is that. Other organizations, however, will be concerned with aspects of ethics of greater specificity, usefulness, and consistency. Many executives, administrators, and social scientists see unethical behavior as a cancer working on the fabric of society in too many of today's organizations and beyond. Many are concerned that we face a crisis of ethics in the West that is undermining our competitive strength. This crisis involves business-people, government officials, customers, and employees. Especially worrisome is unethical behavior among employees at all levels of the organization. In addition, we hear about illegal and unethical behavior on Wall Street, pension scandals in which disreputable executives gamble on risky business ventures with employees' retirement funds, companies that expose their workers to hazardous working......

Words: 250 - Pages: 1

Social Responsibility

...According to Social Responsibility (2009), social responsibility is the idea that businesses should not function amorally, but instead should contribute to the welfare of their communities. In the instance of Company Q, I do not believe that the grocery store chain is being socially responsible. There are several aspects that could be improved upon. These aspects include: offering more health conscience and organic merchandise, donating items to local food banks and opening stores in lower income areas. Company Q should offer more healthy and organic options for the customers who want to purchase them. These options would be profitable for the chain. More importantly, these options would allow customers to choose merchandise that is better for themselves and the environment. Increasing healthy products available would increase the number of healthy patrons. This is a perfect example of social responsibility. Company Q should donate food to the local food bank. The items requested were about to be thrown out anyway; instead of being wasteful, the store should give the merchandise to those in need. The company is concerned with the possibility of theft of the items, but if the store is going to throw them in the trash what does it matter? By donating food items to local food banks Company Q is showing that its management cares about the local economy and community. Company Q should open more stores in low income communities. If the chain were to do this, the...

Words: 381 - Pages: 2

Social Responsibility

... positive impact on society. While all of this may be true, studies show that corporate social responsibility means conducting business in an ethical way and in the interests of the wider community, responding positively to emerging societal priorities and expectations as well as being willing to act ahead of regulatory confrontation and having the ability to balance shareholder interests against the interests of the wider community and still manage to be a good citizen in the community. Social responsibility can be divided into four groups of beneficiaries: owners / shareholders, employees, customers / consumers and the community. Social responsibility and good ethics is very important in business for three reasons, people want to buy from ethical businesses, people want to work for ethical businesses and people also want to partner with ethical businesses. Examples of corporate socially responsible behavior range from projects that raise money for research on diseases, raising money for the needy, requiring workers to volunteer within the community, recalling products that may be dangerous, promoting recycling, and offering free services to the disadvantaged. Levels of Corporate Social Responsibility There are four levels of corporate social responsibility: economic, legal, ethical and discretionary which is also known as philanthropic. The economic level’s sole responsibility to society is to be a profitable enterprise. The firm / company usually contribute to society...

Words: 1004 - Pages: 5

Social Responsibility

...“Corporate social responsibility is for a corporation to perform ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as the local community and society at large. This responsibility can be passive, by avoiding engaging in socially harmful acts, or active, by performing activities that directly advance social goals” (Social Responsibility, 2012). Environmental XYZ Gardening is a small business that provides gardening products and services to local customers on the southeast coast of the United States. XYZ Gardening strives to examine occasions to reduce their environmental impact while still delivering products and amenities to benefit their customers. XYZ Gardening has a small recycling program where customers can bring their empty potted plant trays back to the store so that they can be reused for future customers rather than being thrown away and going to the landfills. However, XYZ Gardening should consider having other recycling programs such as recycling cardboard and wood pallets that they use to store and deliver their larger products, such as large plants and planting containers. The benefits of recycling paper and cardboard is that recycling one ton of paper converts into the savings of 17 mature trees; 78.75 gallons of oil; 7,000 gallons of water; 41,000 Kilowatt hours of energy. Furthermore, air pollution...

Words: 934 - Pages: 4

Social Responsibility

...When a company makes a strategic decision it is important to evaluate the impact of the ethical consequences toward the company and the stakeholders. Often a company will make a strategic plan based on profit; however, social responsibility looks outside of profits and determines the effects on all stakeholders including customers, environment, and society. In addition, the strategic decision should also be based on the code of ethics set forth by the organization. Furthermore, when determining the development of a strategic plan, the organization may either use the views of Milton Friedman or Archie Carroll (Wheelen, 2010). Two Views of Social Responsibility Milton Friedman and Archie Carroll have two opposing opinions of social responsibility. Both opinions evaluate the effect a company invests in the environment or society to the effect of the shareholders dividends and investments. Milton Freidman suggests that the main view of the organization is to make money for the organization’s shareholders. Freidman views by investing in trivial projects that helps the environment and society, the company is taking away money owed to its shareholders. In addition, Freidman argues by not investing in society responsibility, the company can keep the prices on its products and services to a minimum which will result in more business transactions. Archie Carroll’s view is the opposite. Carroll suggests when an organization invests in society responsibility it will build a...

Words: 1047 - Pages: 5

Ethical and Social Responsibility

...Ethics and Social Responsibility Paper Ralph L. Kendrick MGT/ 498 September o4, 2013 Glenn O'Steen Ethics and Social Responsibility Paper Ethics and social responsibility has to be a part of any organization’s strategic management plan. Without the presence of these key elements the company could face some tough times. In this paper, the author will explain the ethical and social responsibilities of organizations as they relate to strategic management. In addition, the many ways an organization can meet stakeholders needs while maintaining ethical principles. The research of one company who crossed the line ethically will be discussed. Ethics and social responsibility Ethics and social responsibility are a necessity to any strategic management plan. An organizations lack of core values and ethics will determine the outcome of the organizations future. While making a profit is important, it should not be the only responsibility of an organization. The organization is equally responsible for the health and well being of the community. Often times an organization’s decisions affect more than the organization itself. The decisions of an organization impact the environment, community, economy, and the world. Organizations have many responsibilities that need to be in perfect balance in order for an organization to become successful. The responsibilities of an organization include: economical, legal, and social responsibilities (Wheelen & Hunger, 2010). Economic...

Words: 1073 - Pages: 5

Social Responsibility

... Longer Ignore Their Social Responsibility). Businesses should take note and include sustainability into their core business strategies (Savitz 27). Today more than ever consumers have choices of who to do business with and they are giving their business to companies that are socially responsible; a survey by Landor Associates, the branding company, “found that 77% of consumers say it is important for companies to be socially responsible” (qtd. in Why Companies Can No Longer Ignore Their Social Responsibility). Simply put consumers do care if a company is social responsible, and being unethical is likely to cost you, big time. Works Cited Frauenheim, Ed. Workers Want Ethical, Socially Responsible Companies, Survey Finds. 16 September 2011. Web. 10 August 2013. <>. Lam, Helen and Anshuman Khare. "HR's Crucial Role for Successful CSR." Journal of International Business Ethics 3 (2010): 3-15. Web. 7 August 2013. < >. Lockwood, Nancy. Corporate Social Resonsibility: HR Leadership Role. Quarterly. Alexandria: SHRM Research Department, 2004. Web. Mondy, R. Wayne. Human Resource Management. Twelfth. Upper Saddle River: Prentice Hall, 2012. Print. Savitz, Andrew. Talent, Transformation, and the Triple Bottom Line. San Francisco: Jossey-Bass, 2013. Print. Social Responsibility. n.d. Web. 10 August 2013. <>. Werbach, Adam. Strategy for Sustainability. Boston:......

Words: 1469 - Pages: 6

Social Responsibility

... employees. Perhaps do a pre employment screening before your hire someone. Make sure you check references and their background. You should have enough faith and trust in your employees that it shouldn’t have to interfere with your business decisions. Another suggestion would be to have your employees keep a log of food and items that are donated. That way you have documentation of what has been donated for referring back to if needed. Finally, The last thing I would improve would be your philanthropic responsibility. This goes above and beyond the basic social responsibility. This refers to activities that are not required by a business, but that promote human welfare or goodwill (Ferrell, Fraedrich, Ferrell). This all falls under the topic of corporate citizenship. Which as stated in Chapter 2, “is often used to express the extent to which businesses strategically meet the economic, legal, ethical, and philanthropic responsibilities… and voluntary contributions that advance the reputation and stakeholder commitment of an organization” (Ferrell, Fraedrich & Ferrell, p. 39) In conclusion, company Q has three areas that should be improved on. These being their reputation, their trust in the employees they hire, and the corporate citizenship and/or the philanthropic responsibility of the company. Basically, if you are not willing to help your community, and represent your business in a positive way, you are going to have a difficult time trying to get local support and......

Words: 529 - Pages: 3

Ethical and Social Responsibility

.... This is of particular importance as the restaurant industry hires a large contingent of diverse individuals and this requires a great deal of experience in learning to respect others and treat them with dignity. Providing this level of support structure is important in the running of a successful business. As the CEO, I take the governance of a code of ethics policy very seriously. We will hold quarterly “all hands” staff meetings to review the company’s code of ethics policy to ensure all new hires have the opportunity to hear this message consistently and in a timely manner. We will also have annual CBT (computer based training) to ensure testing and validation of the staff’s comprehension of the policy as well. Although we could easily dispense with the live meetings, I feel it is critical to allow a venue for questions and answers to create a dialog to improve our understanding of what is going on out there in our industry. Corporate Social Responsibility There are a couple of ways that Cheesecake Factory could participate in social responsibility. One would be to offer up financial donations to charities of a worthy cause. It is certainly easy to do and gets the general public’s attention provided that the public relations staff markets our involvement in such activities. This clearly is what I consider low-hanging fruit. Anyone can donate money and it requires little more than researching and agreeing on the recipient based on priority or need. Another......

Words: 667 - Pages: 3

Social Responsibility

...Task 1, Part A It is clear that “focusing on profit alone can create an unfavorable paradox that causes a firm to fail to achieve its objective” (Ferrell, Fraedrich, & Ferrell 2009). Company Q’s social responsibility is on a downward trend. Because Company Q took a gamble operating two stores in higher-crime-rate areas and lost, their current attitude toward social responsibility is comparable to stock trading: cut your losses and move on to more profitable ventures. This may seem logical from a profit-making perspective, however it is quite damaging to their reputation, which is something that should not be taken lightly due to them being a small, local chain. Word travels fast. I find that Company Q’s biggest fault in their social responsibility is that they would rather throw away non-profitable items than single-handedly offer it to those in need. This decision in itself is damaging to their ethical reputation to do the right thing. The fact that it took Company Q years to respond to their customers’ requests to finally offer groceries that were healthier, shows that they do not value the input of their stakeholders. Customers will go elsewhere to find the items they requested, further diminishing whatever customer-based loyalty Company Q held. What Company Q lacked in their social responsibility is the trust, respect, and value of their stakeholders. In turn, this negatively impacts their ability to turn profits, whether or not they do operate in questionable...

Words: 560 - Pages: 3

Ethical Principles and Corporate Social Responsibility

...Ethical Principles and Corporate Social Responsibility Colorado Technical University Ethical Principles and Corporate Social Responsibility As a business, one of the most important attributes that will affect a business in every relationship is the act of practicing proper business ethics. As long as they are able to establish a responsible code of ethics and practice it regularly the chance of survival in the business world is greatly amplified. There are many relationships in every business, most people know of the common ones such as the relationships with customers, employees, and community, a few other just as important maybe even more so in some cases are suppliers, local government, advertisers, and service vendors. It only takes one lapse in judgment; one untimely, irresponsible act that goes against the code of ethics to totally lose the faith of the businesses customers, its suppliers, community, or any entity in the structure of the business that it is in a relationship with. Ethical principles contribute to good business operations because it is important to establish an ethical business image, and to keep all of the business’s relationships in good standing. Strong relationships are imperative to a successful business. “There are those who see, those who see when shown, and those who cannot see” (DaVinci, n.d., as cited in Smith, K. V., 2013). (Smith, K. V., 2013) “Much like DaVinci, professionals working in corporate citizenship must be able to...

Words: 895 - Pages: 4

Corporate Ethical and Social Responsibility – Apple Company

...The Ethical and Social Responsibility of Apple Company John Bryant BUS 508 April 29, 2014 Prof. David Grasser Corporate Ethical and Social Responsibility – Apple Company Apple Company is one of the largest manufacturers of computers and electronics. “Apple Company was founded on April 1, 1976, by college dropouts Steve Jobs and Steve Wozniak, who brought forth a new company vision of changing the way people, viewed computers” (Library of Congress, 2008). The ethical and social responsibility of Apple Company should have started with its inception; however, it did not. It was not until years later with the advent of social media and the power of worldwide communications, did Apple Company focus on ethical and social responsibilities regarding the treatment of its employees in their factories overseas. The international reports of employee maltreatment; the use of underage employees; and, documented instances of wrongful disposals of toxic matter into the environment, forced Apple to take immediate action and establish safeguards which would protect its employees, the environment and more importantly the brand name that is Apple Company. Apple Company: The Establishment of the Apple Supplier Code of Conduct An examination of Apples current position regarding ethical and social responsibilities determined that, in 2007, Apple Company established the Apple Supplier Code of Conduct, which is a set of guidelines Apple suppliers are to follow. The rules...

Words: 2572 - Pages: 11

Social Responsibility

...Company Q: Social Responsibility Social responsibility is critical to an organization’s future. An organization should focus on having a positive image and reduce any negative impacts on stakeholders. A socially responsible company will maintain a good reputation with all of their stakeholders. Social responsibility follows several guidelines; ensuring profitability, maintains a legal structure, abides by ethical standards, and engages in philanthropy. Company Q does not engage in a very positive social responsibility. The company had two of their grocery stores located in areas with high crime rates. Because of this, they eventually had to close down both of the stores, resulting in a decrease in profits and disappointed loyal customers in the area. Company Q also lost out on profits when they decided to put a limited amount of their new healthy and organic items on the shelves. Although the new items were high margin, they did not benefit the company because there was only a limited amount being offered to customers. As far as philanthropy, Company Q does not provide donations to the local food bank in order to avoid possible fraud or theft from their employees, causing them to lose out on a good public image. If fraud or theft occurs in the company, it goes against the legal structure that the company is required to have. Based on the fact that the company is worried about legal issues which prevent them from making donations, it is clear that the company lacks...

Words: 632 - Pages: 3

Social Responsibility

...Chapter 5 Social Responsibility and Ethics How important is it for organizations and managers to be socially responsible and ethical? In this chapter, we’re going to look at what it means to be socially responsible and ethical and what role managers play in both. Focus on the following learning outcomes as you read and study this chapter. LEARNING OUTCOMES 5.1 Discuss what it means to be socially responsible and what factors influence that decision. 5.2 Explain green management and how organizations can go green. 5.3 Discuss the factors that lead to ethical and unethical behavior. 5.4 Describe management’s role in encouraging ethical behavior. 5.5 Discuss current social responsibility and ethics issues. SPOTLIGHT: Manager at Work Chapter 5 presents contemporary concepts of managerial ethics and social responsibility to help your students explore and appreciate the critical role of these issues in today’s complex business environment. In the opening case, “A Manager at Work,” we see firsthand the complications that arise when companies are caught in the middle of unethical and illegal allegations. The case revolves around allegations of attempted bribery by three Renault executives. After an investigation, all three of the employees were dismissed, but the story doesn’t end there as the Paris prosecutor in charge of the case later dismissed the charges for lack of evidence. Renault would eventually backtrack on the firing of the executives, rehiring all...

Words: 5313 - Pages: 22