Social Responsibility Company Q's current attitude towards social responsibility is not positive. Social responsibility is "an obligation, beyond that required by law, for a business to pursue long-term goals that are good for society" (Riley, 2012). Company Q. has not demonstrated through any of its actions or policies that it subscribes to this philosophy. Its current approach demonstrates the company's policy with respect to the food bank is of particular concern, because there is no economic value associated with throwing that food away. It is evident that the company's excuse for not donating is quite flimsy, and any such concerns could easily be controlled by the company. There is no ethical issue with closing the stores, as the company has to operate profitably. Closing a store should be based on the long-run economics of the location. The company likewise does not get any credit for offering organic products, because that was simply a response to its customers and is strictly...
There are three areas where the company could improve its attitude towards social responsibility. The first is that the company should draft a policy statement that defines its position on corporate social responsibility. That it has no such position at present leaves it open to significant criticism, but also having a position on social responsibility at least provides some guidance with respect to decision making in these types of situations (Duff, 2012). The statement would help the company to define the different stakeholder groups as well, thereby providing a framework for evaluating ethical scenarios. The current decision-making process might not even take into account the different stakeholder groups because management simply has not thought of them. By thinking about how the company affects the world around it, management might get a different perspective of the responsibility that it has.
Company Q. appears to have allowed the fear of corruption, particularly fraud and theft, on behalf of their employees to get in the way of their contributing to the greater good. It would appear that if management has concerns regarding employee theft then this issue should be addressed through theft prevention programs rather than an avoidance of engagement in activities that may or may not result in theft by
They will also be demonstrating a clear understanding of the broad role that they play in the wider society which will build trust with the community at large. In order to ensure that employees do not partake in fraud activities with the food that would be donated to the food bank, Company Q. should pay their staff fairly, providing a good work environment and encourage open communication channels so
Ethics Social Responsibility and Ethics Evaluate Company Q's current attitude toward social responsibility. Company Q. has a negative attitude towards social responsibility. This is because it believes that there is the potential for fraud and losses. In this situation, the management feels they must proceed with caution. This is from a perception about these programs not producing any measurable results in comparison with their costs. Over the course of time, this will more
Ethical Responsibility of Corporate America Many organizations strive to increase their profit margins by doing everything possible (including unethical practices) to increase their revenues. Nevertheless, the past three decades have seen some organizations embracing CSR (Corporate Social responsibility). This idea has become significantly important to almost every organization that seeks to increase revenues. Corporate social responsibility is also referred to as community responsibility, stewardship, corporate sustainability, corporate responsibility, accountability and corporate
social policy and economic policy? Social policy refers to guidelines, principles, legislation and activities that concern the way that humans live and interact. According to the Malcolm Wiener Center for Social Policy at Harvard University it refers to "public policy and practice in the areas of health care, human services, criminal justice, inequality, education, and labor."[1] Another way that one can perceive social policy is that it is a cluster of
AFLAC 100 companies work . We investigate firm's human resource polices discuss special organization. What HR polices make excellent place work ? Identify discuss . Human Resources Policies Human resources represent the most important resource that companies can use. The value they contribute with to the products and services of the company allows them to create competitive advantage and determines their success. In other words, companies' activity depends on the human
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