Corporate Social Responsibility Social Responsibility is an obligation to any business to help improve the community or society in a positive way. In this scenario Company Q is introduced as a local grocery store that has not been having a positive impact on the community that it is serving. Company Q has closed stores in the metropolitan areas that have a crime rate in order to minimizing losing money and have denied donating day old food to charities. The company claims that if they start to
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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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Ellen Ossola January 21, 2015 Homework 1, PBHL 640 1. One of the top health-related violations found during OSHA inspections in the oil & gas industry is violations in hazard communication. One aspect of the Hazard Communication standard is safety data sheets (SDSs). Describe SDSs, including information content and employer responsibilities (<250 words, 10 points). OSHA’s Hazard Communication Standard requires that information on chemical hazards be communicated to those exposed to a chemical
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EST1 - Task 310.2.1-05 The attitude of Company Q towards social responsibility seems to be decreased by the pressure of profit loss. They closed 2 stores recently due to the fact that they were continually losing money. This not only creates a problem for the employee's that worked there, but also for the customers who frequented the stores. By improving their ethical makeup they could not only improve their profits, but it would also help the relationship with their employees and customers
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PRINCIPLES AND STANDARDS OF CONDUCT It is Company X’s commitment to: Provide equal employment opportunity and treatment regardless of race, religion, color, sex, age, national origin, veteran status, marital status, sexual orientation, disability, citizenship status, pregnancy, genetic information or any other protected group recognized by applicable federal, state or local laws. Monitor and comply with applicable federal, state, and local laws and regulations concerning Team Members’ safety
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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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EST1 Task 310.2.1-05 In the business world, social responsibility and profitability often are dependent upon one another. Many companies view social responsibility as being just as important, if not moreso, as making a profit. May times, the community relies upon local businesses upholding a certain level of social responsibility. Company Q is one company that is not setting, or meeting, a standard of social responsibility. Company Q’s actions show that the company places profitability at
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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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COMPANY Q: A DISCUSSION ON SOCIAL RESPONSIBILITY 1 COMPANY Q: A DISCUSSION ON SOCIAL RESPONSIBILITY Objective 310.2.1-05 COMPANY Q: A DISCUSSION ON SOCIAL RESPONSIBILITY 2 Overview of Business Ethics When considering a company’s responsibilities, it is easy to define responsibilities to owners, shareholders, and investors. Most businesses start up in order to make money. Being profitable is one of the fundamental responsibilities of a business. According to Dr. Milton Friedman (1970), profitability
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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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