Est1 Task 1

Company Q is a corporation whose stakeholders have not placed a major emphasis on social responsibility, instead it appears that the primary focus is placed on profit. With their profits on the decline, they are shying away from opportunities to help their community. By placing a higher priority on social responsibility Company Q will have the opportunity to help the community through charitable donations, employee volunteer initiatives, and creating quality jobs for the persons who live in the community. At the same time, Company Q will can also improve their public image and potentially increase profit.

In the scenario Company Q struggles to give away day-old products as they do not want employees to steal or commit fraudulent acts with expired product. Instead they opt the throw the expired, but still wanted, product away. Seemingly another effort to improve profit margins, however, if management is unable to trust its employees this can create a large rift within the organization between management and employee. A small company that does not trust its own employees is definitely not socially responsible. Actions that I believe may help Company Q improve its attitude toward social responsibility include developing its employees to a point where they may trust them, participating in the community to regain lost trust, and lowering prices in high-crime-rate areas as it is correspondent to low-income

Company Q’s attitude toward social responsibility reflects a negative reputation on them as a corporation in their current community. The geographical location in a major metropolitan area should sustain the business with a solid consumer base and maintain reliance of current investors. However, they closed two stores in high crime areas for consistently losing profits, waning investor trust and damaging employee faith. The decision to close the stores limits their ability to be socially responsible to its stakeholders and potentially contributes to the areas crime level.

The attitude that Company Q represents by their current actions do not display social responsibility to

Company Q is a small grocery store chain who has struggled to maintain social responsibility. The company decided to close down two of their stores which were operating at a loss due to being located in high crime areas. In the existing stores, Company Q has answered to the demands of their customers by offering a limited amount of health-conscious and organic products, but has declined to help out the community by throwing out day-old foods instead of donating them to the local food bank. The decision to throw out the day-old foods was brought on by lost revenue due to possible employee theft and fraud.

Company Q is a grocery store located in a high traffic area. As a company they are socially responsible when it makes them money. Company Q was socially responsible when it came to giving the customers what they wanted, in this instance it was organic food. As a company they knew that they could make money off the customers buying higher end food. However Company Q wasn't socially responsible when they were asked to donate the day old food to the food bank. They wouldn't be gaining any money from this, they would be loosing money. The money that they spent to either buy this or make the product would be gone. Overall I would say that Company Q is not a socially responsible company. You can't be socially responsible only when it is a convenient

A. Company Q has a negative attitude toward social responsibility, and in the short scenario they demonstrate no desire to make changes to the current business structure. There is a deficiency of social responsibility towards the employees, and the community. There is a lack of ethical concerns in the foundation of the business structure, so they do not have a solid foundation to form a positive attitude toward social responsibility. Company Q’s negative attitude is hurting the relationships with its employees and the community. They disregard the community’s concerns, and needs, which has caused them to lose money. They are lacking social responsibility internally by expressing a lack of trust in their employees. Social responsibility is an

As the CEO of a medium-sized business, my priorities are not just to help steer a profitable company but also to make it a positive and contributing member of its surrounding community. This is especially important for a company that specializes in the packaging and marketing of healthy, nutritious and convenient foods. Natural Gardens Food Products offers a wide range of pre-packaged healthy options for breakfast, lunch and dinner that are great for healthy eaters who are on-the-go. Though Natural Gardens is inherently involved in promoting various campaigns for making healthy lifestyle choices, there is a large area of opportunity for improvement in its service to the community. The discussion hereafter will consider these opportunities for better Corporate Social Performance (CSP) and the stakeholders that will be directly impacted.

B.  Recommend three actions that Company Q could take to improve the company’s attitude toward social responsibility.

Wal-Mart is the world 's largest corporation. Even though they are the world 's largest corporation they still get criticized by the public. They allow families to save by providing low prices. They apparently engage in unethical behaviors and misconducts in order to provide these low prices. In this research paper, I will discuss Wal-Mart’s social responsibility for their stakeholders. I will also discuss Milton Friedman and his statements on social responsibility. Lastly, I will discuss two other companies and talk about their reputation on being socially responsible toward their

In this report I’ll try to show why Wal-Mart decision 8 years ago to develop a stakeholder management and a corporate social responsibility plan was a good decision for the company. The company realised that its image wasn’t really good in the public opinion; they were unable to communicate and reach the African-American community, they have a bad reputation toward women and also suffer from a lot of critics about their negative effect on the local community on various point : Economic, environmental, and poverty. In order to protect the business in the long run they had to react. Wal-Mart implementation strategy is about opening store in small and medium cities where there is few

For decades, corporate social responsibility was viewed, both internally and externally, as an insincere marketing effort made by corporations for the sole purpose of increasing their profits. Today, however, companies and consumers alike are realizing that corporate social responsibility, or CSR, can be done in a way that benefits both parties. One perspective, stakeholder matching, requires that any specific statement about the relationship between a firm’s social performance toward a stakeholder group be measured by financial or organizational performance that can be directly correlated to that action. Essentially, the approach clarifies that advantageous CSR is not about having corporate employees pick up trash once a year; instead, effective CSR practices benefit both the firm and its relevant environment in a tangible, worthwhile, and measurable way. In this paper, we will discuss C-Leveled, an organization that advises startups and new businesses in the Pittsburgh area that are interested in making an impact while creating a sustainable business model. By applying the principles of stakeholder matching, we will make a business case for various stakeholders to support C-Leveled’s efforts to generate business opportunities while addressing local food sustainability. Specifically, we will look at creating an efficient supply chain, a favorable cost structure, and increasing a variety of business opportunities available when

Responsibility is an integral part of Sainsbury’s work culture and it has been firm on its beliefs that taking from the society shall always be far lesser than what Sainsbury’s is giving back to the society. The Corporate social responsibility framework has been implemented by Sainsbury’s by keeping in mind that the environment and society always gets the benefits of what Sainsbury’s is doing & to achieve that, it is necessary that sustainable development practices are brought into action and this is exactly what Sainsbury’s is doing right now (Kay, 2008). Not only the society or environment, but CSR for Sainsbury’s also incorporates fair ethical business practices. The first step that refers to this is giving a fair share to those from whom Sainsbury’s procure its products. The 20 X 20 sustainability plans give reports with updates on how Sainsbury’s is performing on the parameters of corporate social responsibility. The primary motive as described by 20 X 20

The corporate social responsibility is “the company’s strategy, based on the assumption that business is responsible for the society within which it operates” (Gheribi 64). Corporate social responsibility has become an essential initiative in today company because it not only can benefit the society, but most importantly, it can “drive companies to succeed in business by increasing sales volume and brand awareness and also added advantage over their competitors” (Gheribi 64). McDonald’s stakeholders, including employees, customers, communities, and environments, have a great influence on the company, thereby McDonald’s implements all sorts of corporate social responsibility programs to satisfy its stakeholders’ interests (Gheribi 71). McDonald’s places high priority on its employees. It provides career development and fair compensation for the employees in order to meet their interests (Gheribi 71). In addition, McDonald’s cares about customers’ health. It then pays attention to its food quality, making sure that customers will always have safe and healthy food (Gheribi 72). What is more, McDonald’s also performs corporate social responsibility for the community. In 2012, the company offered an online platform, “What makes McDonald’s”, to allow the public’s engagement (Gheribi 73). Additionally, the Ronald McDonald House Charities was established to provide resources and financial support for families in need (Gheribi 73). By now Ronald

Corporate social responsibility of supermarkets can mean different things to different groups and sectors. However