Corporate Social Responsibility
Social responsibility in business can be defined as the obligation an organization has to minimize its negative social impact on stakeholders and to maximize its positive impact. In this case study we are introduced to a small local grocery chain referred to as Company Q. Located in a major metropolis, Company Q has recently closed some stores in areas of the city with higher crime-rates. They have started to stock a very limited amount of organic and health-conscience products after years of requests from their customers. Management has declined participating in a program to send expired food to a local food bank based on fears of employee theft by means of taking advantage of the situation. Based on the
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Participating in the food bank program would benefit Company Q in becoming a better corporate citizen. In areas of high poverty the food bank supplies a service to those unable to afford food. The food bank must rely on donations from local individuals and businesses to be able to serve the community. Company Q could provide food to the food bank that would normally go to waste. In an indirect way this could affect the crime-rates in certain parts of the city if theft was due to unaffordable goods such as food. The lack of trust in their employees reflects poorly on Company Q. With no prior evidence that this has or was happening these assumptions towards the workforce, a stakeholder, are unfounded. Company Q can easily rectify this situation by making a simple and easy to follow standard operating procedure that would make the food bank donations transparent and resolve any discrepancies that could arise between management and employees. Following this plan would benefit the community, workforce, and make Company Q a better corporate citizen.
Closing the stores in the high crime-rate areas not only takes away from the community but also hurts the workforce. When stores close, there is job loss and left behind are vacant buildings that do not add any value to the community. Leaving the people of this community without a local grocery store is poor social responsibility on the part
An employee should uphold the confidentiality of information assigned to them by the company and its customers, except when revelation of such information is authorized or required by applicable laws, rules or regulations. “Confidential information” includes all records, non-public information related to the company and its business, customers, or vendors that come to an employee in the course of carrying out the employee’s duties and that can be value to competitors or damaging to the company or its business if revealed.
Running Head: EBT TASK 2 1 Research Integration EBT Task 2 Western Governor’s University EBT TASK 2 2 Review and Classification of Evidence Source Type Appropriate Type of (American Academy of Pediatrics; American Academy of Family Physicians, 2004) or inappropriate Filtered Appropriate: This article establishes diagnosis and
40 days in a SNF. Medicare Part A will cover 100% of the first 60 days of Mrs. Zwick’s hospital
Social responsibility makes a company more competitive and reduces the risk of sudden damage to the company’s reputation and sales.
or so many years our society has been thinking of forming new creative and innovative businesses, which would be more environmental and customer friendly. Nowadays a large number of different companies follow the social, ethical, as well as moral consequences when it comes to their decision making. One of the relatively new concepts involving economic and social concerns is Corporate Social Responsibility. Many of us apply this approach not only at work, but also in everyday life without even recognizing.
John Mackey, founder of Whole Foods once said "Business social responsibility should not be coerced; it is a voluntary decision that the entrepreneurial leadership of every company must make on its own." (Mackey, 2005) In today’s society it is increasingly common for businesses to actively identify and become directly involved in the country and the global social issues and needs. It is now common
Company Q is a corporation whose stakeholders have not placed a major emphasis on social responsibility, instead it appears that the primary focus is placed on profit. With their profits on the decline, they are shying away from opportunities to help their community. By placing a higher priority on social responsibility Company Q will have the opportunity to help the community through charitable donations, employee volunteer initiatives, and creating quality jobs for the persons who live in the community. At the same time, Company Q will can also improve their public image and potentially increase profit.
American Academy of Pediatrics and American Academy of Family Physicians article regarding acute otitis media is a filtered resource. It is an appropriate source for nursing practice because; it establishes clinical guidelines to diagnose and manage AOM. It also establishes guidelines when to treat the signs and symptoms of AOM, watchful waiting, or to treat with an antibiotic. This article is classified as an evidence based guideline because, it reviews multiple research literatures in a systemic manner and provides
The threat to us is medium for a few reasons. We will patent our trimmer, which means that they will have to start with our product, and then develop modifications, to avoid patent infringement. Both companies’ current products use a different kind of technology. They are grinders and do not have any quick detection apparatus’. While Dremel Tools has been in the pet trimming market for some time, they only modified the grinder used for woodworking and other craft projects. This would be a departure from their core competency. This is the only venture by Oster Company. They a relatively new to the market, It isn’t likely that they will put more R and D dollars into a second pet product at this time.
Company Q is a small local grocery store chain that has a poor attitude toward social responsibility. After reviewing the given, I feel the chain is more committed to profit than social responsibility. Most companies are in a business to make a profit, however, the difference in what is considered reasonable and what is considered ridiculous comes into play. Most people start companies because it something they are interested in and to make a living. In today’s society the line between outright social responsibility
This experiment has a goal of testing a household cleaning theory that dark sodas such as Coca Cola or Pepsi can be used as a cleaning agent and cut through dirt and grease effectively as a cleaner. For the experiment, the researcher/writer has purchased Pepsi products, Pepsi specifically to use as the cleaning product to test. The researcher/writer will clean six different types of messes (Food stains of ketchup and mustard on a shirt, kitchen counter grime/grease, bathroom counter soap scum, car windshield and battery corrosion on a car battery and bathroom counter/sink). Each item will be cleaned with Pepsi and soap and water, with the soap
* Set performance goals with each employee. These goals focus on the employee’s specific performance on the job, such as his productivity, output, results, competencies, and behaviors. As you set and follow up on these goals you will be helping your employees to see that the performance appraisal is not a once a year activity but instead is a way to measure their success and course correct any shortcomings throughout the year.
In the late 18th century when the Industrial Revolution started to spread from England to other countries such as France, Spain and Germany and even in the U.S, the changes that its dynamic brought to the society were drastic and radically different of what people were used to until then. The work hours become longer; young children and their parents were working most of the time; new factories opened up and old villages now were the main workforce source to keep the production level up to the demand and supply requests. Villages started turning into urban centers, crowded by large number of people; poor people that
Many believe that business entities should have an ethical duty to be socially responsible, to work towards increasing its positive effects on society while decreasing its negative effects. Many organizations look for opportunities to be socially responsible while also creating shareholder wealth.
The integrative model of social responsibility, which involves the stakeholder theory and moral minimum theory, and the philosophical ethical theory of utilitarianism are the most responsible approaches to business because they involve the standards of knowing who your actions affect, knowing how to help the most people possible, and knowing how to benefit those who are left out of the positive externalities of a business decision. This paper will discuss the implications of these theories in further depth and will look at a few business cases that demonstrate a failure to meet standards of responsibility.