o Corporate Responsibility and Marketing Strategies BUS508 Contemporary Business Spring Smith July 19, 2015 Ann Sams In this essay it will discuss Apple’s current position about social and ethical responsibilities of the company. The essay will list at least two examples to support the statement. The essay will discuss impacts about the publication of ethics and social violations made by the Company suppliers and it will also have a support response of an example. The essay will continue
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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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Name Professor Subject Date Crisis at Komfy Topic: Ethics Purpose Statement: To determine possible cause of action at Komfy Introduction Ethics considers the best possible way in which people cohabit and live. It also determines which actions are right or wrong depending on the situation at hand. In corporate practice, ethics defines the moral practice of the owners, employees, as well as the society at large (Bloomfield, 54). Chris Kross in his capacity as the chief engineer at Frazier
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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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major issue that the company faces is that customers in the industry are not reluctant to switch to another supplier if certain standards in quality and service are not met. Vershire’s main problems are its planning, internal control, and placing responsibilities on the correct managers. Planning System The first issue in planning system is that initial sales forecast is not made by divisional managers who are responsible for the operation management of each division. Rather, the sale forecast uses
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New Life Humans are like tea bags. You do not know your own strength until you get into hot water. Growing up I always had it made. I had the security and support of my family plus financial support. I did not understand the true meaning of responsibility until maybe late last year when I found out I was pregnant. That day changed my life. I sat inside Starbucks and reflected on my life up to that point. I knew from that day on; that if I plan on keeping the baby I had to prepare myself mentally
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as a socially responsible customer more seriously. The discussions of the social responsibilities of a business are notable of their analytical looseness and lack of rigor. What does it means to say business has responsibilities? Only people can have responsibilities. A corporation is an artificial person and in this sense may have artificial responsibilities, but business as a whole cannot be said to have responsibilities, even in this vague sense. Some people will say that they have to “stretch
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Improving Company Q’s Attitude Towards Social Responsibility Company Q has exhibited a consistent attitude of disregarding the needs and desires of the area in which they serve. They prefer playing it safe instead of expanding their thought process to think outside of the box. The company seems to have no sense of commitment to serving the community along with consideration of the bottom line. It took years for them to heed the wishes of gives the general public the impression that
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primary objective of managers? Managers are the people that employees and customers both contact when developing an understanding for a potential problem with in the organization. “Managers act as hired agents on behalf of the owners. With this responsibility, managers are to run the day-to-day business operations with the primary objective to maximize stockholder wealth” (Ehrhardt, M. 2014. P.9). The main objective in for profit organizations is to increase revenue while minimizing cost, managers
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The Social Responsibility of Business is to Increase its Profits by Milton Friedman The New York Times Magazine, September 13, 1970. Copyright @ 1970 by The New York Times Company. When I hear businessmen speak eloquently about the "social responsibilities of business in a free-enterprise system," I am reminded of the wonderful line about the Frenchman who discovered at the age of 70 that he had been speaking prose all his life. The businessmen believe that they are defending free enterprise
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