A. Company Q recently closed two stores that were located in higher-crime-rate areas of the city due to consistently losing money. Company Q has experienced loss of business because of the community that it served in and because of that, its attitude toward social responsibility is more on the cautious side. Some may say because Company Q closed two stores down, that it is not being socially responsible because of the jobs that were loss, however, Company Q also has an economic responsibility
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Company Q’s attitude towards social responsibility is negative and it seems to me like they operate out of fear. Some of their recent actions such as, closing stores that are losing money and being unwilling to donate day old food may lead customers to believe that they are only interested in making a profit. This also seems like there is a breakdown in the employee employer relationship relating to trust. In my opinion, Company Q needs to improve their social responsibility to their customers
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Company Q has it’s fair share of ethical Dilemmas. They were recently forced to shut down stores in Low income areas, suffered losses, failed to meet the rising demand from health food, and refused to donate “day-old products” to a food bank recently. Sometimes it’s hard for a business to explain the reasons behind it’s decisions especially when so many issues arise every day. Company Q should indeed evaluate their conflicts and resolve them as socially responsible as possible. Although, I don’t
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Task 1 Part A Social Responsibility has become increasingly important in recent years. Many companies strive to do as much for their customers and the community they serve as possible. Although profits are important, socially responsible companies take more into account than just the bottom dollar. Company Q showed a great lack of social responsibility in several different ways, leading consumers as well as stakeholders to assume that the company’s attitude toward social responsibility is that
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Introduction This manual sets forth the official compliance policies of Edward Jones. All individuals employed by or working at the firm are required to familiarize themselves with the content and review the manual at least annually. While the manual addresses policies of a compliance nature, individuals are expected to conform to the laws, rules and regulations of the industry and their particular jurisdiction regardless of whether they are covered in this manual. Standards of fairness and
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Social Responsibility is a concept that lends the idea to companies and corporations that they should have practices and act upon things that have a positive outcome or repercussion is society, rather than be solely focused on maximizing profits (Investopedia, 2015). Company Q is facing an ethical dilemma by not wanting to donate left over food, specifically the higher-priced health foods, to food shelters because they believe their employees may lie about donating it. Company Q is demonstrating
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Company Q as a small company in a large metropolis seems at this point focused more on attempting to regain profit and sustainability versus social responsibility. This seems more apparent in that they closed stores in high crime areas because of financial loss versus evaluating the local demand and perhaps changing their business model to be a more conducive fit for the local area. They also have issue with believing that their employee base would be more inclined to deceive the company and steal
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Student ID Business Management Degree Program EST1 310.2.1-05 Social Responsibility The small grocery chain Company Q takes a pessimistic view towards the community which is shaped by the experiences of high crime rates in the area. In order to remain economically feasible Company Q has closed locations that were losing money. This allows the company to retain profits from other locations and provide jobs to members of the community. Unfortunately, because of the high crime rates, Company
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Ethical Issues in Business Task 1 Western Governors University Being a small local grocery store in a large metropolitan area can be extremely challenging. There are many factors that may ultimately determine whether or not a business will be successful in such a difficult environment. In the given statement, Company Q has shown a considerable lack of social responsibility. They have decided to close two stores in an area of the city that is known to have higher crime rates because they are consistently
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Task 1: Research legislation involving health and safety at work, as it relates to IT use - computer users. Employer Regulations An employer must follow the regulations set by the law to ensure that the working environment is safe and efficient for computer users. However, the regulations do not apply to students in schools or colleges as they are not constantly in a computer environment. The law states that an employer must: Provide tiltable screens Monitors should be able to be tilted to avoid
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