Premium Essay

Social Responsiblity

In: Business and Management

Submitted By rcrane25
Words 769
Pages 4
With the information provided, it is my evaluation that Company Q has a clear understanding of what social responsibility is; however, they have not been able to demonstrate a complete understanding based on their recent actions.

Company Q has chosen to close a couple stores in higher-crime-rate areas of the city, reportedly because the two stores were consistently losing money. What we are unable to determine is why the stores are losing money. Although someone might assume it is because of the location, we do not have enough data to determine if that was the only reason. Based on the location of these stores, we would also need to know about competitors in the area that may have also affected Company Q’s loss of revenue. Company Q is acting fiscally responsible on behalf of its shareholders by ensuring that the stores that are successful remain intact and continue to increase revenue. However, by closing the two stores, Company Q is not acting socially responsible because the loss of jobs of community members in addition to the loss of local resources for the community has a large impact on the livelihood of those community members.

Company Q has also demonstrated a lack of social responsibility due to their reluctance to listen to their community members and donate day-old products to the area’s food bank. Despite the fact that a donation plan could be determined to ensure the integrity of the process, Company Q has declined to support their local community and minimize their negative impact. By not connecting with the community Company Q could be risking business relationships with those individuals that support the business. Again, Company Q has shown that they are more concerned with fiscal versus social responsibility.

Company Q did make a positive impact by responding to customer requests by offering health-conscience and organic…...

Similar Documents

Free Essay

Personal Responsiblity and School Success

...it will not hurt you. If you manage a calendar, that's okay too. Just don't manage your whole life around it. Do you know how much fun you are having these days? I guess not after those five toga parties and six kappa balls. Now don't you have a paper due in less than an hour? Hmmm. Now how are you going to get it done within an hour? Well see you should have gotten started when the teacher gave you the information. You need to keep your personal life separate from your school life. Here are three steps to help you keep your grades up and your life simple. Step one: Read your syllabus. Step two: Start on your work early so you can be ahead of the class. (So what if people call you a nerd.) And finally Step three: Have a little bit of a social life to get rid of the stress. You can’t blame anybody but yourself if you don’t do your work. (As Elizabeth Peterson stated, it’s different when there is no support from anybody but you.) In conclusion, you have a great life ahead of you. Try and understand the relationship between personal responsibility and school success and you'll be okay. One reason is to focus on your school work. Second reason is to try and manage your time to get your work done. Finally, don't let your personal life get mixed in with your professional or school life. References Peterson, E. S. (2011). Who is to blame? Students, teachers and parents views on who is responsible for student achievement. Research in Education, (86), 1-12....

Words: 472 - Pages: 2

Premium Essay

Corporate Social Responsiblity

...structure through which information gathering can be processed. For instance, if your intention is innovation, do not waste time in getting an MBA degree which will serve the purpose for someone who wants to be successful in a big business. Today social networking businesses like Facebook and Google are breaking all the rules taught in B-schools. One cannot expect a student to internalise what she has learnt in cases. Even the new dean of Harvard Business School, Nitin Nohria, is encouraging students to spend more time in gaining on-the-job experience rather than mulling over cases and participating in debates only. Navi: India is full of people who have not had the opportunity of higher education. As discussed in my last book Jugaad Innovation, this lot has a higher purpose in life and understands the local demands. Innovators reject success formulas in favour of what’s appropriate in the context of the local community. Applying the best practices and being action-oriented without ethical clarity will create problems for companies. This is not being taught in many Bschools currently. You have explained the concept of ‘noble purpose’ in your book From Smart to Wise. If companies find noble purpose, will this result in corporate social responsibility (CSR) becoming obsolete? Or is this concept is too utopian to be true? Navi: Our concept of noble purpose is not utopian at all. I believe companies must shut down their CSR departments. We have many examples already. Ramon......

Words: 1496 - Pages: 6

Premium Essay

Ethics Andsocial Responsiblity

...overseas to a country that standards are as strict as the United States. If we do so we need to make sure that we keep to the United States standards for ethical behavior. Even though it is not illegal in some country to use underage labor, give bribes and kickbacks, we have a responsibility to uphold the business ethics standards set by the United States. But we need to be considerate of the cultural differences shared between our culture and the culture of who we decide to sell the material to. We cannot force them to adhere to our standards and we cannot manipulate our standards in order to do business with them. In Chapter 9 of the Concepts and Techniques for Crafting and Executing Strategy on p.262, the author talks about Integrative social contracts theory. It is a middle position between the issues I discussed in the above paragraph. Because there are ethical boundaries that exist across all cultures we can use them in our contracts and interaction with different cultures we are doing business with. This way we, as a US company, don’t come off with the appearance of “we think we are better than they are” attitude perceived by most cultures that Americans have. With this theory things like kickback and bribes there is no compromise on what is ethically permissible and not. So if we are to take this route of selling the material to another country this would be a good way to meet the all conditions when conducting business in their country. As a company that wants to......

Words: 1045 - Pages: 5

Premium Essay

Socially Responsiblity

...Week 12: Individual Work Tony Slattery Everest University Week 12: Individual Work * Write about three things you can do to take your role as a socially responsible customer more seriously. Consumers are most mindful about the particular social issues and the environment, and these are the principles that exceed the listing of outline of United States populations. In the recent past, environmental catastrophes have caused in a numerous governmental proposals intended to concentrate on the problem. Customers are conscious of the circumstance that purchasing foods from businesses which contribute share of the profit from their goods to national and local charitable foundation, and prohibit testing of animals, are significantly contemplating. The other issues in which customers observe at prior to making any acquisition of goods are the company’s hiring practices such how many minority and women hiring. These are the three things that I can do to take a role as a socially responsible customer more seriously. First, I will buy meats, dairy products, and produce that has fair trade brands. “An important characteristic of Fair Trade products is that a fair price is paid to the producer” (Langen & Adeneauer, 2013, p. 293). Purchasing produce and meats that are toxins and chemicals free is the one step towards developing into socially responsible customer. Also, the goods that we buy must be manufactured, parceled, and transported in a dependable manner. As a......

Words: 826 - Pages: 4

Premium Essay

Personal Responsiblity

...plan, I know that I will be a success in school. Reference Causes of Failure in College. (n.d). Retrieved January 30,2012. From The University of Alabama: http://www/ctl.ua.edu/CTLStudyAids/StudySkillsFlyers/GenerayTips/causesoffailure.htm This is a great article. It talks about why students fail in college and also it give points on ways that you can prevent from been one of the students who fall out of college. Miller, J.G. (2004), QBQ, The Questions Behind The Question: This book address issue surrounds personal accountability. It talks about how people should be willing to take responsibility for their own actions. Richard H. Hersh and Carol Geary Schneider (2005) Fostering Personal and Social Responsibility on College and University Campuses: This book talks about different techniques that you may be able to adapt. It talks about the college life in these days....

Words: 618 - Pages: 3

Free Essay

Personal Responsiblity and Academic Success

...Personal Responsiblity Personal Responsibility and Academic Success GEN/200 October 12, 2013 Kalene Parker Personal Responsibility and Academic Success To obtain academic success through personal responsibility individuals must take ownership of his or her goals. Prioritizing tasks, such as time management, identifying purpose and goal setting are essential in one’s path to success. Even though there may be outside influences that may change life’s course, personal responsibility is necessary for academic success because every choice made is one’s own responsibility and every individual can decide how to shape he or her future. Personal responsibility is the privilege to make his or her own choices and obligations in life. One would agree with famous author Stephen Covey’s explanation. “Look at the word responsibility - “response-ability” - the ability to choose your response. Highly proactive people recognize that responsibility. They do not blame circumstances, conditions, or conditioning for their behavior. Their behavior is a product of their own conscious choice, based on values, rather than a product of their conditions, based on feeling” (Covey, 1989. Pg81) Personal......

Words: 678 - Pages: 3

Premium Essay

Ethics and Social Responsiblities

...Ethics and Social Responsibility in International Business 1 Ethics and Social Responsibility in International Business Ethics and Social Responsibility in International Business 2 Table of Contents Introduction ..................................................................................................................... 3 Defining Ethics and Social Responsibility ....................................................................... 3 Do Countries with Lower Ethical Views Attract Businesses? .......................................... 5 Can Ethical Business Practices be Applied Globally? ...................................................... 7 Which organizations are safe guarding ethical practices and is it working? ...................... 9 What are the Ethical and Social Responsibilities of Outsourcing? .................................. 12 What is Outsourcing? ................................................................................................ 13 Outsourcing is Beneficial........................................................................................... 15 What a Company Needs to Know Before Outsourcing .................................................. 17 What Are the Facts Regarding Child Labor?.................................................................. 18 Child Labor Global Statics......................................................................................... 18 Conclusion .................................................

Words: 6734 - Pages: 27

Premium Essay

Social

...that’s something we need to understand as both marketers and market researchers,” says Sourabh Sharma, social media research expert at SKIM, a Rotterdam, Netherlands-based market research and consulting agency. “Consumers very positively have more options of how to express themselves.” Current and candid brand sentiment exists on Facebook posts, Twitter feeds and blog posts. Companies are becoming more data-driven and brand-obsessed. How can marketing researchers harness this realtime data to gather deeply emotional insights from consumer chatter online and turn it into actionable business strategies? Sharma says researchers must go beyond social media monitoring, which accounts for the volume of conversation about a brand, and become more active listeners. With listening, “you’re not only asked to seek your brand, but perhaps associations with it or associations with your category, to scope out not just what a conversation looks like and where it spikes, but to see whether they’re positive and when they’re positive,” Sharma says. Some researchers approach social media with trepidation, dismissing it as frivolous compared to classical research methods. A recent Forrester report stated that while nearly two-thirds of Fortune 500 companies have Twitter accounts and 58% of them have Facebook pages, “most firms undervalue the data generated in these channels.” Sharma says social media research should be used to complement traditional sources like surveys and focus groups. “It can...

Words: 699 - Pages: 3

Free Essay

Personal Responsiblity

...working on an assignment. I also can get stressed if I study too much and for this, I take breaks. When taking breaks it gives my brain a moment to relax. When coming back to an assignment after taking a break it seems that I can focus better on what I am doing. Conclusion In conclusion, when using these key tactics to do homework and study, it can help me achieve my ultimate goal in education. These tactics will also help me with my career. References Campbell, C. (2006, Jun 03). Improving time-management skills. New Straits Times Retrieved from http://search.proquest.com/docview/271940571?accountid=458 MAHONY, E. H., & Courant, S. W. (2005, Mar 19). ONE YEAR ; `I AM ASHAMED TO BE HERE TODAY, AND I ACCPT FULL RESPONSIBLITY FOR MY ACTIONS." REDUCED FROM HUBRIS, HE CONFRONTS HIS FEAR. Hartford Courant, pp. 0-A1. Retrieved from http://search.proquest.com/docview/256889293?accountid=458...

Words: 1392 - Pages: 6

Free Essay

The Responsiblity Project

...provide a better education for youth. Bringing a quality education to each child is very important. John Legend speaks on the importance of education as well as how each child should receive the equivalent amount of education. John Legend also includes, we as parents should not blame the system for not working. Taking time out and looking at our community needs will provide our kids with programs and resources that will ensure kids are receiving the proper education. John Legend was successful not by chance, but with meeting the right people as well as having an education. External social pressures are no more than peer pressure, but more suffered and caused by society to encourage and conform attitude changes in values and behavior for the good of society. Social pressure can change a brilliant and charming idea into a hopeless and dry one. However, the influences external social pressures have on organizational ethics can influence corporations to consider actions and behavior they may not otherwise take into account. For example, kids living in a low-income environment with no direction will more likely follow in a direction of gangs in violent because of their environment. For some youth there is no choice, but we can’t expect for our kids to be better than we were if we do not make change. These issues are important to the organization because the organization will be providing resources that address issue in the society. Providing an adequate education...

Words: 432 - Pages: 2

Premium Essay

The Impact of Corporate Social Responsiblity on Corporate Image: a Case of Pz

...THE IMPACT OF CORPORATE SOCIAL RESPONSIBILITY ON CORPORATE IMAGE: A CASE STUDY OF PZ BY SOMEFUN DOLAPO OLUWASEYI ADP08/09/EX/MBA/0993 A RESEARCH PROJECT SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENT FOR THE AWARD OF THE DEGREE OF MASTERS IN BUSINESS ADMINISTRATION (MBA), OBAFEMI AWOLOWO UNIVERSITY, ILE- IFE, OSUN STATE, NIGERIA OCTOBER 2010 CERTIFICATION I certify that this research study was carried out by Somefun Dolapo Oluwaseyi (ADP08/09/EX/MBA/0993) of the Department of Management and Accounting under my supervision, in partial fulfillment of the requirement for the award of the degree of Master of Business Administration, Obafemi Awolowo University, Ile-Ife, Osun State, Nigeria. ______________________ _____________________ DR. Victor S. Alumona DATE PROJECT SUPERVISOR _____________________ ___________________ MBA CORDINATOR DATE DEDICATION This research study is dedicated to the glory of our Heavenly Father “ever faithful, ever sure” my help in ages past and my hope for years to come. I will also like to dedicate this study to my supportive sister, Mrs. Temitope Ojedele who gave all that I need to complete this course, and our lovely mum for her support and prayers all through the programme. ACKNOWLEDGEMENT The extent to which people succeed in life depends on the Almighty God, self determination as well as those elements within the social and material environment. Therefore, one records success when God......

Words: 15140 - Pages: 61

Premium Essay

Corporate Social Responsiblity

...relation to promote the CSR to the business society and environment. Corporate Social Responsibility refers to the “firm’s consideration of, and response to, issue beyond the narrow economic, technical, and legal requirements of the firm…(to) accomplish social benefits along with the traditional economic gains which the firm seek.”(Husted 2003). CSR was defined by European Commission (2007) is “a concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with the stakeholders on a voluntary basis” following increasingly aware that responsible behaviour leads to sustainable business success. CSR is about managing change at company level in a socially responsible manner which can be viewed in two different dimensions: 1. Internal – socially responsible practices that mainly deal with employees and related to issues such as investing in human capital, health and safety and management change, while environmentally responsible practices related mainly to the management of natural resources and its usage in production 2. External – CSR beyond the company into the local community and involves a wide range of stakeholders such as business partners, suppliers, customers, public authorities, and NGOs that representing local communities as well as environment. A company should focus on areas such as economic, environmental and social when developing sustainability strategy (Szekely & Knorsch 2005).......

Words: 1217 - Pages: 5

Free Essay

Personal Responsiblity

...comma before "and" (or other conjunction) linking main clauses] a disadvantage is lack of skills and pay. On the other hand, a college degree allows you [second person] to gain a higher skill set and better job opportunities just to mention a few. Having a high school diploma allowed me to strive for higher education and currently I’m [Contractions are inappropriate in academic writing--write it out] seeking my Bachelor’s degree in Business Health Administration My personal responsibility is to devote myself to learning the best of my ability, participating in class discussions, offering my assistance and [Insert a comma before this word if this is the last in a list of more than two -- or if it begins a new clause] staying focus. My social responsibility is to carry out responsibility taking on by me and keep the groups inform on changes [Insert comma if the following is a nonrestrictive phrase] such as Learning Teams at University of Phoenix if anyone in our [Use "we," "us," or "our" to mean yourself and coauthors, not general humanity (or yourself and the reader)] group slack it affects the entire group and [Grammar: A run-on sentence requires a comma before "and" (or other conjunction) linking main clauses] the outcome is our grades. For me [Clearer writing suggestion--You are the author, and these are your ideas or attitudes, so simplify by removing "For me"] I will carry my learning from University of Phoenix to become more personally responsible and become......

Words: 591 - Pages: 3

Free Essay

Social

...are at least three different social media networks that I have used or still use. MySpace is one of the ones that really got social media networking to where it is now. I used to use MySpace to talk to friends, share pictures, promote my music, and share my blogs. These were the main functions that I used MySpace for. MySpace was one of the first big steps that lead other social media networking where it is. Being able to interact with your friends and family in a virtual world is a big success to being able to so be many places at once. Facebook is another social media networking tool that took the world by surprise. With Facebook you are able to share photos, express what is on your mind with your friends and family, write messages between you and others, and stay connected with people all over the world. Facebook came and conquered most of, if not all, social media networking web sites. The main thing that separated Facebook from any other social media web site is that it was made for college students. Little by little it became so popular that everyone wanted to be a part of this network. Businesses really took advantage of the social networking site for advertising. With so many advertising competitors on the network, it is hard for users not to take advantage of the products advertised. Businesses even have commercials that tell to “like” them on Facebook to ensure the attention of the social media users. The latest installment to the social media networking web sites......

Words: 341 - Pages: 2

Premium Essay

Definition of Social Responsiblity

...Definition of Social Responsibility 1.“Being a good corporate citizen means treating all of a company’s stakeholders (and the natural environment) with dignity and respect, being aware of the company’s impacts on stakeholders; working collaboratively with them when appropriate to achieve mutually desired results”. 2.“the commitment of business to contribute to sustainable economic development, working with employees, their families, the local community and society at large to improve their quality of life”. “corporate citizenship is about the contribution a company makes to society through its core business activities, its social investment and philanthropy programmes, and its engagement in public policy” Characteristics of social responsibitlity 1. Ethical business behavior. The company is guided by rigorous ethical standards in all of its business dealings. 1) Engages in fair and honest business practices in its relationships with stakeholders. 2) Sets high standards of behavior for all employees. 3) Exercises ethical oversight at the executive and board levels. 2. 2. Stakeholder commitment. The company is managed for the benefit of all stakeholders: community, consumers, employees, investors, and suppliers. 4) The company is well-managed for all stakeholders. 5) Initiates and engages in genuine dialogue with stakeholders. 6) Values and implements disclosure. 7) Fosters a reciprocal relationship between the corporation and community. 8) Invests in the......

Words: 517 - Pages: 3