Social Responsibility and Company Essay example - 864 Words

Rebecca Haste Student # 253741 EST1 - 310.2.1-05 Company Q and Social Responsibility Social responsibility is a key attribute for businesses in the market today. When consumers look to spend their disposable income, they look for businesses that not only offer the right product, at the right price, but that also offer great service. Great service can include anything from friendly employees to community involvement. That is where social responsibility becomes apparent in a company’s ethics and values. If a company has a strong tie to the community and demonstrates social responsibility, their consumers will consider this a positive quality and it will separate them from the competition. In this case study with Company Q, they are†¦show more content†¦Volunteerism is a powerful way to reduce crime, and to interact with potential consumers. Also, if crime is a concern, businesses should work with local law enforcement to determine ways to protect themselves and by working with local law enforcement they will become more invested and involved in their surrounding area. The second item that should be reviewed by Company Q is their ability to quickly respond to the needs and desires of their community. Consumers had to send requests to Company Q over several years in order to get some organic products into the store. This can be seen as a negative attitude on the part of Company Q. Consumers can say that Company Q does not care about carrying healthy food alternatives, and in turn does not care about the health of the community. Also, the company is not responding well to consumer requests. In order to develop a better position of social responsibility, the company should research and respond to customer requests to add and remove products from the product line. Polling and surveying the surrounding community will give the company a good resource of data that can help improve their store’s produ cts and even store appearance and staff. Even if the store decides that responding to a customer request is not feasible, the communication channel is now open between the company and the public. Offering products that are important to theShow MoreRelatedCompany Q and Social Responsibility952 Words   |  4 Pagesï » ¿Company Q and Social Responsibility EST1 Evaluation Company Q’s attitude toward social responsibility reflects a negative reputation on them as a corporation in their current community. The geographical location in a major metropolitan area should sustain the business with a solid consumer base and maintain reliance of current investors. However, they closed two stores in high crime areas for consistently losing profits, waning investor trust and damaging employee faith. The decision to closeRead MoreSocial Responsibility : Kroger Company983 Words   |  4 PagesSocial responsibility is an ethical framework which suggests that an organization or individual has an obligation to act for the benefit of society at large. Social responsibility is a duty every organization has to perform so as to maintain a balance between the economy and the environment Kroger Company Just in this year alone Kroger has made a substantial impact in society. When it comes to the social aspect the company went above and beyond the norm. Since 2010, Kroger has been contributing $1Read MoreCorporate Social Responsibility : A Company s Responsibility Essay1737 Words   |  7 PagesREVIEW Corporate Social Responsibility can be defined as a company’s responsibility to ensure ethical business behavior, contribution to the economic development of a country, improve the lifestyle of its own workforce and their family members, betterment of local community and overall society. 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With regards to the oil spill, the employees of the company are required to take the required measures that will ensure that the damages of the oil spills are minimized, this will enable the company to adhereRead MoreThe Impact Of Corporate Social Responsibility On The Companies912 Words   |  4 PagesCorporate social responsibility, often abbreviated as ‘CSR’ is an approach taken by corporate companies of different purposes of the welfare of their workers, customers and as well as paying attention to ecological maintainability and responsible advertising. The term ‘CSR’ started becoming popular since World War II and has been a subject of major debate over whether a firm should solely aim for making profits or also consider giving back to its society, therefore, corporate social responsibility shouldRead MoreThe Ethical And Social Responsibilities Of Merck And Company1298 Words   |  6 Pages Merck and Company is a pharmaceutical research company known for groundbreaking discoveries in developing medications. This paper will cover a scenario where Merck was considering the further development of a preexisting medication to treat patients with a mosquito transmitted worm larvae that thrives in the new host and reproduces within the host better known as river blindness. This paper will examine the corporate ethical and social responsibilities by evaluating the stakeholders, the CorporateRead MoreCorporate Social Responsibility Initiatives For The Company1547 Words   |  7 Pagesfounders played a big part in bringing success to the company. First, the founders positioned the company as a socially responsible entity that was really concerned with the welfare of society and the environment at large. As an example, the company was actively involved in supporting the World Wildlife Fund and planted 52 million trees. The founders believe that corporate social responsibility initiatives were not meant to boost the image of the company but to ensure environmental sustainability. Secondly