Social Responsibility is the company’s obligation to maximize its positive impact on Stakeholders and it minimize its negative impact (Ferrell, Fraedrich & Ferrell, 2008). Stakeholders of a company are the employees, customers, investors, shareholders, and communities. (Ferrell, Fraedrich & Ferrell, 2008). Company Q lacks social responsibility because they are ignoring the benefits of its Stakeholders. For example Company Q shouldn’t have abandoned the high crime areas because that left it’s employee’s
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Part A Company Q does not currently have a positive attitude toward social responsibility. They recently closed several stores in higher crime areas. This has eliminated job positions that were held by residents of the area and taken away revenue from the community itself. This is not being socially responsible. The company just started offering a limited selection of health and organic foods despite that the demand from customers has been there for years. They have also made the decision
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Social Responsibility and Company Q Abstract Business have a substantial responsibility to the communities in which they operate. Ethical decisions about community service and dedication fall on every business owner and its associates every bit as much as individual citizens. Ignoring issues facing a neighborhood is folly and causes companies to miss many opportunities to establish relationships, network and grow. This subject has gained an incredible audience in recent years and continues
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Brett Maslowski, EST1 Task2, December 11, 2014 A. Develop an applicable standards and procedures section that includes four elements of acceptable or unacceptable behavior found in a code of ethics. Welcome! We are quite pleased to have you as a new affiliate of our organization. As part of the family here at Brett's Bed & Breakfast Bungalow (often called Quad-B's), you will be held accountable to acceptable standards and procedures along with the rest of the company; in addition
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Company Q’s decision to shut down two of its stores in an area that is high in crime is within its rights as a business without regard to social responsibility. One of the first steps in social responsibility is ensuring profits to the stakeholders. The stores has been consistently losing money in a higher crime rate area. In a higher crime rate area, losing profits is not the only concern. Besides monetary value, the stores must consider human value. Petty crime and an overall general threat
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A strong leadership team is critical to ensure staff and physicians are invested in learning to use the EHR as effectively and efficiently as possible. After the successful implementation of the EHRS system, support and maintenance will be required on a regular basis. The current and future workflows consist of a backup plan, in the event problems might arise. Over the next two years there will be ongoing training, maintenance, IT support and system updates. The support and maintenance after the
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Task 1: Interview with Garret Gieselmen Garret Gieselmen is the parts manager at NAPA Auto Parts store on Coffeen Ave. in Sheridan, Wyoming. I set up a time with Mr. Gieselmen to get a new perspective on how inventory is handled at a different parts store. Also, if they had faced the same problems that we have run into as well. Most of my questions were based on how they run their store and how it has affected the customer. The following table shows the questions I asked Mr. Gieselmen and the relevancy
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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
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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
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With the onset of the Affordable Care Act (ACA), many Medical Groups that provide care for members of a Health Maintenance Organization (HMO) have grown a great deal to allow for increased population of members requiring insurance coverage. This growth has impacted medical groups significantly. One organization that has experienced this is “Mountain Healthcare”. Mountain Healthcare is a network of medical groups located in California, New York, and Arizona. The network is composed of nine groups
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