Preview

How To Evaluate Company Q's Attitude To Social Responsibility

Good Essays
Open Document
Open Document
485 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
How To Evaluate Company Q's Attitude To Social Responsibility
Attitude towards social responsibility is key in any business. Maintaining a good attitude with the community shows a strong connection with its residents. Participating in programs supporting the community is not only ethically responsible, but can improve business relations with community members. After evaluating Company Q’s attitude toward social responsibility, there have been a few errors found that should be addressed. The first situation is closing stores in high crime areas reportedly because of losing money. In many communities, high crime areas typically mean lower income residents. There could have been other options to explore to improve profitability and social awareness within the community. Closing the store projects an image of the company that could be interrupted as closing the stores due to the high crime area. There is a possibility that this store was the only one if the area that offered groceries to the local residents and now they have to travel further for their needs. This doesn’t sit well with those in the community. The second situation involved offering more organ and health conscience products. The first …show more content…
Although the possibility of fraud is very real, this is projecting a horrible image to the public. Throwing away perfectly good food instead of donating it doesn’t look good to the community. The food bank serves low income families and others with needs who might not be able to afford food otherwise. The community will think that the store has an attitude that it doesn’t care about the community and will negatively affect business. The proper way to handle this situation would be to implement a plan to prevent theft while at the same time providing the food to the food bank. The community will respond positively and the company will benefit not only monetarily but gain a better social status within the

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Business ethics will mean many things to different people. Words that might come to mind in association with hearing discussions about ethics might be morality, judgement, principles, values, and standards. It’s not the law binding someone to behave ethically, but more a moral compass to decide right from wrong. Social responsibility are related to ethical behavior in that it being concerned with maximizing profits to an organization without negatively impacting the environment. Company Q did excel in their ethical behavior, but failed on their social responsibility.…

    • 536 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    EST1TaskOverviewGuide 1

    • 585 Words
    • 3 Pages

    II. Task 2 – Imagine you are the ethics officer for a new business, Company X. Develop an ethics program that will be a part of the new employee handbook.…

    • 585 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The 21st century has proven to be an interesting period for businesses. With the invention of social media and the availability of information on-demand through the internet and mobile devices, businesses are constantly facing scrutiny from the public eye in regards to how they conduct themselves. Gone are the days of the 90’s when a business didn’t have to place much emphasis on their ethical responsibilities. Today however, a business must be very precise and careful in how it operates. Whether it be which political party they support, or their stance on same-sex marriage, a business must be very careful to stay within the boundaries of acceptable behavior. Consumers and media alike are paying much more attention to how a business reacts…

    • 893 Words
    • 4 Pages
    Good Essays
  • Good Essays

    This essay examines the ethical and socially responsible courses of action in a given business situation. 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 declined deciding instead to throw the food away, citing worries over lost revenues due to possible fraud and stealing by employees who might say they are donating the food.…

    • 573 Words
    • 3 Pages
    Good Essays
  • Better Essays

    In all companies corporate social responsibility is an important within holding a successful company. This is esstenial to building and enhancing the reputation of a company. This shows society as well as the community in which the company resides in that the company doesn’t have the sole purpose of just producing profits but also aims to serve the community, support and have a positive…

    • 2055 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Recent years, encouraged by cultural and economic globalization, the world market is growing rapidly. With the market becoming increasingly mature and rational, corporations not only pay attention to profit and business opportunities, but also the obligation and responsibility to employees, environment and customers. Therefore, corporate social responsibility (CSR) has become more and more popular among enterprises and markets. Thus, it is important to study the way CSR initiative depicts what corporations have to do in order to shoulder the responsibility for their employees, environment as well as consumers and CSR’s influence on various economic behaviors.…

    • 2098 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    In this essay, I am going to prove that a business organization should be socially responsible in a successful or an effective manner which will eventually benefit the company’s owners or shareholders. I will do so through illustrating the different potential effects of a business organization engaging in Corporate Social Responsibility (“CSR”). The effects that will be shown in this essay would be an increase and decrease in the company’s expenses, sustaining and harming the environment, increase and decrease in sales and customers, improve the lives of people inside and outside the company, and the practice of social irresponsibility. I will also be providing actual companies engage in CSR, and its effects on each company. I will be citing several companies such as Petite Four Legs, Panga Organics, Verdigris Group, Cisco, British Petroleum, DLA Piper, PepsiCo, and Enron. All of these companies engage in some kind of social responsibility and may or may not have a positive effect on them.…

    • 2089 Words
    • 5 Pages
    Powerful Essays
  • Best Essays

    In recent years, increasing number of customers and businessmen start to concern about the ethical issues in businesses. Although the main purpose of business is to make profits, the social influence of it also appears to be focused by a large proportion of customers and businessmen. Corporate social responsibility (CSR), which is closely connected with this concentration, was put forward in 1953 with the meaning of interacting social, environmental, and economic considerations into the decision-making structures and processes of business (Industry Canada, 2013). Although criticized, there is a business case for CSR because it could enhance customers’ loyalty, improve corporations’ reputation, and reduce the turnover of employees. This essay will firstly define and critically discuss key influences of CSR towards its business aspect, and then clarify whether there is a business case for CSR.…

    • 2279 Words
    • 10 Pages
    Best Essays
  • Powerful Essays

    Dordevic, Dejan, and Srdan Bogetic. 2008. “The role of Corporate Social Responsibility in Contemporary Business.” Scientific review article Vol. 5 (1).…

    • 4961 Words
    • 20 Pages
    Powerful Essays
  • Good Essays

    This project deals with the Corporate Social Responsibility (CSR) of companies, and how the companies can improve their CSR profile even more. Two companies, one Indian and one International, have been chosen for the purpose of this study:…

    • 9263 Words
    • 38 Pages
    Good Essays
  • Powerful Essays

    Dr. Anis Ben Brik

    • 11425 Words
    • 46 Pages

    Social Responsibility: A Multilevel Theory of Social Change in Organizations’, Academy of Management Review 32, 836–863. Albinger, H. and S. Freeman: 2000, ‘Corporate Social Performance and Attractiveness as an Employer to Different Job Seeking Populations’, Journal of Business Ethics 28, 243–253. doi:10.1023/A:1006289817941. Allouche, J. and P. Laroche: 2006, ‘The Relationship Between Corporate Social Responsibility and Corporate Financial Performance: A Survey’, in J. Allouche (ed.), Corporate Social Responsibility: Performance and Stakeholders (Palgrave MacMillan, Basingstoke), pp. 3–40. Anderson, D. C.: 1982, ‘The Satisfied Consumer: Service Return Behavior in the Hospital Obstetrics Market’, Journal of Health Care Marketing 2, 25–33. Armstrong, J. S. and S. T. Overton: 1977, ‘Estimating Nonresponse Bias in Mail Surveys’, JMR, Journal of Marketing Research 14, 396–402. doi:10.2307/3150783. Aupperle, K., A. Caroll and J. Hatfield: 1985, ‘An Examination of the Relationship Between Corporate Social Responsibility and Profitability’, Academy of Management Journal 28, 446–463. doi:10.2307/25 6210. Backhaus, K., B. Stone and K. Heiner: 2002, ‘Exploring the Relationship Between Corporate Social Performance and Employer Attractiveness’, Business & Society 41, 292–319. doi:10.1177/0007650302041003003. Bagozzi, R. P. and P. W. Lynn: 1982, ‘Representing and Testing Organizational Theories: A Holistic Construal’, Administrative Science Quarterly 27, 459–489. doi:10. 2307/2392322. Bagozzi, R. P. and Y. Yi: 1988, ‘On the Evaluation of Structural Equation Models’, Journal of the Academy of Marketing Science 16, 74–94. doi:10.1007/BF0272 3327. Barney, J.: 1991, ‘Firm Resources and Sustained Competitive Advantage’, Journal of Management 17, 99–120. doi:10.1177/014920639101700108. Bentler, P. M.: 1990, ‘Comparative Fit Indexes in Structural Equation Modelling’, Psychological Bulletin 107, 238–246. doi:10.1037/0033-2909.107.2.238.…

    • 11425 Words
    • 46 Pages
    Powerful Essays
  • Powerful Essays

    This is to certify that this report titled “Social Responsibility Project”, submitted to Christ University in partial fulfillment of the requirement for the award of the Degree of Bachelor of Business Management, is a record of the original work carried out by Deepti Srinivasan, Rajat Prasad and Yogesh under my guidance and supervision.…

    • 6066 Words
    • 25 Pages
    Powerful Essays
  • Good Essays

    Social Responsibility

    • 687 Words
    • 3 Pages

    The role of social responsibility is influenced by how managers make decisions when they plan, lead, organise and control. Reasons for being socially responsible include public image and how businesses can create a favourable public image by pursuing their social goals. Businesses can contribute to a better environment by helping solve difficult social problems. Authority of prevention over cure which is when businesses should address social problems before they become serious and complex to correct. Possession of resources is key because businesses have the resources to support public charitable projects the need assistance. Being socially responsible will improve a business's share price in the long run and therefore attract investors. The general public expects and…

    • 687 Words
    • 3 Pages
    Good Essays
  • Good Essays

    In an age in which environmental and social issues are top of mind for many consumers, businesses can no longer exist in a bubble. Today's shoppers aren't just looking for the best price and quality — they expect the companies they patronize to do good with their dollars and make a positive impact on the world around them. To this end, many organizations are now making social responsibility a top priority.…

    • 707 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Corporate social responsibility(CSR) is the corporation 's way of giving back to the community. This research paper will discuss and analyze the benefits and problems of corporate social responsibility to see if the community is really benefiting from it or if it is just one of those things the corporation has to do to get credit on their tax return or as check mark. This paper will also discuss the incentives for company to engage in CSR ,how consumers responds to CSR and their expectations from the company.…

    • 1190 Words
    • 4 Pages
    Good Essays