preview

Why Do Company Q's Actions Are Not Socially Responsible

Decent Essays

Company Q’s actions are not socially responsible. A company that is socially responsible would try to balance its ability it positively influence the community and increase profits. In the scenario we are given the information that they closed two stores in “high-crime-rate” areas.” In high-crime-rate areas we can usually deduce through logical conclusion that people may not be as financially secure. Due to this they may not be able to afford the groceries that Company Q is offering. We can see that Company Q attempts to maximize only its profits when we read the scenario. In the scenario Company Q is very selective about its products and only offers it at “high-margins.” Anyone in these areas that they closed the two stores simply may not be able to afford the high markup costs that Company Q is trying to make. …show more content…

In the scenario Company Q struggles to give away day-old products as they do not want employees to steal or commit fraudulent acts with expired product. Instead they opt the throw the expired, but still wanted, product away. Seemingly another effort to improve profit margins, however, if management is unable to trust its employees this can create a large rift within the organization between management and employee. A small company that does not trust its own employees is definitely not socially responsible. Actions that I believe may help Company Q improve its attitude toward social responsibility include developing its employees to a point where they may trust them, participating in the community to regain lost trust, and lowering prices in high-crime-rate areas as it is correspondent to low-income

Get Access