...EST1 – Subdomain 310.2 Task 310.2.1-05 This paper will address the areas of improvement that Company Q can implement to improve their attitude toward social responsibility. Company Q is described as a small local grocery store chain with several locations in metropolitan areas. Recently, Company Q closed a couple of it's stores that were located in higher-crime-rate neighborhoods citing a consistent loss of revenue. Additionally, Company Q does not participate in donating day-old products to local community food banks. Management explains that day-old products are instead thrown away. The explanation provided for this is that management fears that donating food may heighten their risk of losing revenue to fraud and employee theft. Lastly, it is explained that Company Q – after years of customer requests – has started to offer it's customers a very limited selection of high margin, health conscious and organic products. Scores of small and large businesses operate in metropolitan areas. Chain businesses that operate in multiple areas should target each particular customer base individually – what sells very well in one area may not sell at all in another. Because economic, cultural, and lifestyle differences exist from one neighborhood to the next, a business that focuses on it's local customer's needs will be more successful. I feel that Company Q should reconsider the closing of their stores in higher-crime-rate...
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...FOR IMMEDIATE RELEASE (222 E VAN BUREN AVE SUITE 615) R3ST Healthcare Cyber Compliance Solutions announces they are making the HIPAA compliance process easier, faster and less expensive for healthcare providers. A fundamental requirement of the HIPAA Security Rule #69 involves conducting an annual HIPAA Security Risk Assessment. R3ST Healthcare Cyber Compliance Solutions has made risk assessment and Cyber Security Compliance easier and less complicated for their clients. Whether a client needs assistance with mobile security solutions, application and data security or another task, this company can be of help. "Technology advances at a rapid pace, thus healthcare providers must continually review the HIPAA requirements to ensure they remain in compliance. Furthermore, as more providers implement new tools, such as applications for mobile devices, they need to ensure these tools aren't in violation of any regulations. Compliance remains of concern to many in healthcare, thus they now turn to third party providers to ensure they don't unintentionally violate one or more of these regulations. R3ST is here to help healthcare providers in this situation," Tareq Allan, spokesperson for R3ST Healthcare Cyber Compliance Solutions, announces. The security of confidential patient data concerns many in the healthcare field, and most providers state they make use of data encryption. Some providers have opted to implement additional security measures, such as multi-factor authentication...
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...Western Governors University Student: Anne Jaymes Student ID: 000320202 Course: EST1 Task: 1 (310.2.1-05) Social Responsibility Jaymes Page -2- Part A: Evaluate Company Q’s Attitude Toward Social Responsibility “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.” Evaluation of Company Q: Businesses are in business to make a profit. Businesses that are in business to make a profit with a total disregard for all else, is capitalism at its worst. A company who habitually relies on or exploits others and gives nothing in return, is a parasitic company. In order for companies to positively co-exist with their stakeholders, they must work to minimize the negative impact their business has on them. It was not against any business law, for Company Q, to close two stores that were located in higher crime-rate areas of the city that were consistently...
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...1. Risk: UCA carries the risk of the cost/price uncertainty because UCA is an action that allows the contractor to start work before prices are agreed upon. Mitigation: The “Price ceiling,” limitation at DFARS 217.7404-2 mitigates this risk by incorporating a not-to-exceed price for the firm fixed price or not-to-exceed ceiling fee for the cost reimbursement type contract in the UCA. 2. Risk: Risk associated with performance exists because all contract terms and specifications are not agreed upon under UCA in which the UCA possesses the potential risk that can increase the risk level of performance. There is only one potential contractor who may be possessed the ability and skills to develop a prototype within 90 days. Thus, the risk would incur unnecessary cost to the Government because the action cannot be materialized as a definitive contract if there is no limitation applied to the UCA. Mitigation: The “Definitization schedule,” limitation at DFARS 217.7404-3 mitigates this risk by applying definitization schedules. According to the DFARS 217.7404-3, the definitization schedules shall be incorporated into the UCA as follows: 1. The definitization schedule limitation allows the contractor to work up to 180 days after issuance of the action, and the UCA can be extended up to 180 days after the contractor submits a qualifying proposal to convert the UCA to a definitive contract; or 2. The date on which the amount of funds obligated under the contract action is equal to more...
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...d) Motivation for employees, which has to reflect a value of the performed work. At first, the business has to make professional wage survey, which can be done through learning of local employment bureaus. Danone’s company business also should take into consideration other factors that affect the wage level identification. Those factors include a level of demand on the market, cost of living in the area, attractiveness of the product, which offers to the business. A wage should be competitive to the similar business because that can attract good specialists. Wages should be calculated in accordance to labor standard, which contains information about minimum wage, overtime payments, and equal pay (Kinne 2000). It is also important for the business to encourage employees to work more effective and provide them with compensations. Positive practice shows that compensation programs should be communicated clearly with the employees and even submitted to them in written form because that will provide the company with additional legal protection. e) Business culture and relations between employees. Business culture comprises a common aim of the employees and a system of corporate implication. One of the important tasks of the toy business is the identification of values, tasks and their submitting to the employees in an available form. Business culture has a direct influence on the effectiveness of the work performance. The top management of the company should support and encourage...
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...TASK 2: KFC COMPANY: It is very important for all business to make sure that their marketing they are within the constraints of the law. By starting with Consumer law, KFC company always make sure that their marketing activities are within the laws, that protect their consumers and they are keeping up to dated due to the changes that occur in the constrains of the law because they are afraid of doing something illegal that can affect the consumers and destroy the business and when the consumers complain about their satisfaction due to the service they have got from KFC, the company goes back to the consumer laws that have been kept by the government and decide to correct themselves to the mistake they have made. According to the Sales of Goods Act, KFC sales goods that are satisfactory of quality to the customers and that makes KFC to obtain a lot of customers day after day but sometimes they can be affected by this law whereby they should describe the product accurately that sometimes can limit them to decide for their profitable price of their product. When we talk about Voluntary codes of advertising practice, KFC is having a good principle of advertising which is legal, honest and truthfully to the customers. When KFC advertise either on Television, Radios or Magazines the follow their responsibilities to all customers, and having the legal codes when wants to buy the products from KFC they will be enjoyed that they can...
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...Company Q needs to build a new relationship with the community. Having to close two stores recently indicates to me, that the company has had to make some decisions based on profit margin. Unfortunately, this decision could be viewed as controversial to the public because both stores were Located in high crime communities. This company has made some other unpopular decisions such as, ignoring customer request for products, and not donating day old food to the local food pantry. All three of these decisions has led the community to feel like the company only has it’s best interest in mind and not the consumers. This is socially irresponsible on Company Q’s behalf and will have major impacts on their business. People in the area will quit supporting Company Q as word travels that they don’t care about their social responsibility. If Company Q would look at the bigger picture they would see that the decisions they’re making is hurting their reputation and actually costing them profits. Company Q needs to take action and start building a new social image immediately. First, Company Q needs to address the food issue. Socially, the thought of a store throwing away editable food, when there are people going hungry, is a disaster. Economically throwing away food is not good for the companies profits and long term stability. Company Q needs to look at their products that are becoming outdated and make adjustments to their inventory based on trends and...
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...WGU EST1 Task 1 There are many challenges that face every business whether they are large or small but one thing all businesses have in common is that they all seek profitability. However, a business’s primary goal should not only include maximizing profits, but also have positive social integrity. Being both profit-oriented and socially responsible can make beneficial impacts to the stakeholders, communities, customers and staff while also making substantial earnings. Evaluation of Social Responsibility Company Q, a small metropolitan grocery store, has faced several challenges. Their actions towards making necessary changes exhibit their substandard view that companies should not have towards social responsibility. Recently, Company Q made a decision to close down two of their stores due to high-crime-rates in the area and also lack of profits. With Company Q being a small business in a high-crime area they would need to find a way to not only survive, but also prosper; whether or not that is to invest in more security and be cautious of who could be a potential customer vs. being a threat. However, closing two stores due to being in a high-crime was not the only consequence that will hinder their terrible profit margin. Company Q’s lack of understanding of their customer’s and the community’s desires will impede the business as well, consequently hindering profits even more. Recommendations Company Q, after years of requests from customer, began to offer a...
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...WGU EST1 Task 2 Company X Ethics Program Standards and Procedures: Company X expects all employees to conduct themselves with integrity, professional and responsible actions at all times. An employee’s actions in both personal life and professional life should avoid any situations that (A) could be construed as harmful to the company or its employees or (B) cause negative public reactions that could impact Company X customers or customer relations in adverse ways. You are a Company X representative during work hours and during off work hours. Violations of Company X rules of acceptable behavior will be viewed as misconduct, which upon review can constitute immediate suspension. Pending further review and investigation some violations may result in termination. The following section is not an all- inclusive list of violations but a snapshot of some that could result in immediate termination. * Falsification of Company documents and or records such as, but not limited to, time cards, company financial reports and travel expenses for reimbursement. * Failure to report an accident involving a company issued vehicle. * Insubordination or refusal to follow instructions or carry out work task without proper justification. * Misuse of company resources such as but not limited to, the internet, computer and phone usage. Ethics Training Common Ethical Values: The following will provide employees and potential employees with a clear understanding of what...
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