Robert Moelich Student ID # 000348292 rmoelic@wgu.edu EST Task 1 Company Q’s current attitude towards social responsibility. Company Q is a small grocery store chain located in a major metropolitan area. They have recently closed stores in higher-crime-rate areas of the city. Also, after years of requests from consumers, they have started offering a very limited amount of health-conscience and organic products, which have very high profit margins. A local food bank asked company Q for
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EST-1 Task 1 Many people believe that businesses are obligated to have an ethical duty to be socially responsible, in order to work towards increasing its positive effects on society while decreasing its negative effects. Many organizations or companies seek opportunities to be socially responsible while also making a profit for its shareholders. Company Q, a local grocery store chain recently closed two stores in high crime rate areas of the city because they constantly lost money. After years
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Ethical issues in Business EST 310.2.1-05 In today’s business realm stakeholders should be mindful of the impact of social responsibility within organizations. Company’s need to look for opportunities to maximize positive images and reduce negative images within society regardless of the size of the company. The benefits of being socially responsible can create shareholder capital as well as other opportunities for stakeholders. Company Q’s concern for social responsibility has been steadily
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shopping. Overall Company Q seems to lack a current policy of corporate social responsibility and behaves thoughtlessly in respect to the people that need them most. Part B Company Q could easily improve their attitude toward social responsibility. 1. Company Q could reevaluate their decision to donate the day old food products to the local food bank. The company could put a policy in place that would ensure that fraud and theft by employees could not be covered up under the guise of donating.
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Social responsibility serves to act as the conscience of business. Businesses can have a tremendous impact be it positive or negative. A solid attitude toward social responsibility ensures that impact is constructive. As both a District Sales Manager and General Sales Manager with AT & TY Advertising Solutions for 5 years, I gained an intimate working knowledge of how integral a healthy approach to social responsibility can be to community, productivity and employee moral. Company Q has an approach
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Company Q is a small local grocery store chain located in a major metropolitan area. They have recently closed a couple of stores in higher-crime-rate areas of the city, reportedly because these two stores were consistently losing money. After years of requests from customers, all of their stores have started offering a very limited amount of health-conscience and organic products—all of which were high margin items. When asked by the area’s food bank for donation of day-old products, management
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Task 1 – Evaluation and recommendations of Company Q A. Evaluation Company Q’s current attitude toward social responsibility does not seem to exist. Of course it is a business’s goal is to make a profit, but it should also include good practice between the company and community. The company’s closure of stores due to high crime rate areas, offering products solely on being high margin items, and not donating day old food to local food banks are big factors of not being socially responsible
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Running Head: ETHICAL ISSUES IN BUSINESS 1 Ethical Issues in Business Dxxxxxx Student ID: 000XXXXX WGU 04/22/13 ETHICAL ISSUES IN BUSINESS 2 Abstract This paper examines social responsibility issues within Company Q and offers ideas for areas of improvement. ETHICAL ISSUES IN BUSINESS 3 Corporate social responsibility is a double edged sward. On one edge is the corporation’s social responsibility to its shareholders
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the company, but also within the community it participates in. We will look at Company Q’s current attitude toward social responsibility and how it can make an immediate and resolute improvement. Evaluation of Company Q’s Social Responsibility – Task A Company Q’s current attitude toward social responsibility is bleak. It does not seem to have any trust in the community nor its employees. The book defines social responsibility as “an organization’s obligation to maximize its positive impact
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WGU EST1 Task 1 There are many challenges that face every business whether they are large or small but one thing all businesses have in common is that they all seek profitability. However, a business’s primary goal should not only include maximizing profits, but also have positive social integrity. Being both profit-oriented and socially responsible can make beneficial impacts to the stakeholders, communities, customers and staff while also making substantial earnings. Evaluation of Social
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