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Social Responsibility
Company Q's current attitude towards social responsibility is not positive. Social responsibility is "an obligation, beyond that required by law, for a business to pursue long-term goals that are good for society" (Riley, 2012). Company Q. has not demonstrated through any of its actions or policies that it subscribes to this philosophy. Its current approach demonstrates the company's policy with respect to the food bank is of particular concern, because there is no economic value associated with throwing that food away. It is evident that the company's excuse for not donating is quite flimsy, and any such concerns could easily be controlled by the company. There is no ethical issue with closing the stores, as the company has to operate profitably. Closing a store should be based on the long-run economics of the location. The company likewise does not get any credit for offering organic products, because that was simply a response to its customers and is strictly...
There are three areas where the company could improve its attitude towards social responsibility. The first is that the company should draft a policy statement that defines its position on corporate social responsibility. That it has no such position at present leaves it open to significant criticism, but also having a position on social responsibility at least provides some guidance with respect to decision making in these types of situations (Duff, 2012). The statement would help the company to define the different stakeholder groups as well, thereby providing a framework for evaluating ethical scenarios. The current decision-making process might not even take into account the different stakeholder groups because management simply has not thought of them. By thinking about how the company affects the world around it, management might get a different perspective of the responsibility that it has.
The second area where the company…
Works Cited:
Duff, V. (2012). How to improve corporate social responsibility. eHow. Retrieved December 8, 2012 from http://www.ehow.com/how_7640382_improve-corporate-social-responsibility.html
Riley, J. (2012). Introduction to CSR. Tutor 2 U.net. Retrieved December 8, 2012 from http://tutor2u.net/business/strategy/corporate-social-responsibility-introduction.html
Company Q. appears to have allowed the fear of corruption, particularly fraud and theft, on behalf of their employees to get in the way of their contributing to the greater good. It would appear that if management has concerns regarding employee theft then this issue should be addressed through theft prevention programs rather than an avoidance of engagement in activities that may or may not result in theft by
They will also be demonstrating a clear understanding of the broad role that they play in the wider society which will build trust with the community at large. In order to ensure that employees do not partake in fraud activities with the food that would be donated to the food bank, Company Q. should pay their staff fairly, providing a good work environment and encourage open communication channels so
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