EST1 Task 1 Western Governors University A: Evaluation of Company Q Social responsibility is a vital part any business or organization. Company Q does not display social responsibility as an important part of their company. Social responsibility shows the attitude actions and activities of a business which contributes a major impact on the image of that business. Company Q is a small local grocery store located in a major metropolitan area. This local area has a food bank that has requested
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Deletha Wright EST1 - Task 1 (Revised) Philanthropy or Bust While customers are the backbone of any business, small businesses turn away from social responsibility while they struggle to make a profit. Company Q, a small grocery store chain is no different. They have stores located in a major metropolitan area, which is good for business. However, until recently a couple of their stores were situated in high crime areas. With Company Q already operating on small profit margins, the risk
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EST1 Task 1 Using the given scenario on company Q, I will evaluate whether each of their actions were socially responsible or not. A recommendation for each point will also be given. Overall, company Q’s attitude towards social responsibility is fair and has room for improvement Company Q recently closed two stores in higher-crime-rate areas. If a business is consistently losing money, the situation should be analyzed and a conclusion drawn as to the future of that business. It is possible that
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Assessment code: EST1 Task 1 Company Q’s current attitude towards social responsibility is non-existent. They have closed stores in parts of the city with higher crime rates due to fear of theft and losses. Company Q offers a limited amount of healthy and organic products even though their customers have requested more options. Company Q has a mindset that inhibits an obligation to be socially responsible. They would rather throw food away than to donate it to help feed those that are hungry
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John Rolph EST1: Ethical Situations in Business Task 2 Standards and Procedures 1.) Information Confidentiality: As an employee, you will be exposed to client-sensitive as well as company-sensitive information that is to be viewed only by those who have the authority or permission to do so. Such information to be considered “confidential” includes business contracts, financial information, internal correspondence, and any and all documentation (electronic or paper-based) that is not authorized
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EST1 TASK 1: Company Q and Social Responsibility When analyzing ethics in a business environment the examiner must evaluate the stakeholder system of morals, values and judgment of the organization in question to determine its collective ethical stance on a situation. Based on the prompt of this task we can derive a list of these stakeholders and use them to construct a current and future representation of Company Qs social responsibility attitude. From the prompt we can group the stakeholders
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EST1 Task 1 In this business example Company Q has shown several socially un-responsible and un-ethical traits. In order for business Q to be successful and leave a positive mark on the surrounding community they must keep in mind business ethics. Company Q has several stores in the metropolitan area and has decided to close a couple stores in higher crime areas because of lost profits. Also they have begun carrying health-conscience items but have priced them at high profit margin. Lastly they
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Company Q’s current attitude toward social responsibility terrible. When approached by the area’s food bank requesting donations of day-old products, management brazenly declined. The reasons they cited were worries over lost revenues due to possible fraud and stealing by employees who might say they are donating food. Company Q’s actions and cited worries convey that the company’s chief priority is making money. To further bolster this philosophy, Company Q’s answer was to close a few stores
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Social responsibility is an essential aspect at the heart of businesses and, in the case of small businesses especially, it can make or break them. Company Q, being a local grocery store chain with locations in different parts of town, has to evaluate each store differently given the economic situation of each neighborhood, the demographics and so forth. In order for them to be socially responsible, they must be aware of what is happening around them and adapt to it. Currently, Company Q seems
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Company Q is sociably irresponsible due to its disregard for its low income customer base. This is evident in its closer of multiple facilities in high crime areas, limited availability of healthy food items, and total disregard for local charities. While profits are the main concern for every business, Company Q must realize that public image affects profits. When Company Q demeans customers in low income areas the perception of the “Callous Corporation” will not only drive away customers in
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