Ethical Situations in Business Task 1
John Mackey, founder of Whole Foods once said "Business social responsibility should not be coerced; it is a voluntary decision that the entrepreneurial leadership of every company must make on its own." (Mackey, 2005) In today’s society it is increasingly common for businesses to actively identify and become directly involved in the country and the global social issues and needs. It is now common
place for companies to market this information alongside of their logos, as a TV commercial and on the products they sell. When a company does not resemble its competitors it really stands out and
unfortunately this is where we find Company Q. In the exercise Company Q is described as a small, local
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cutting edge. Company Q should consider a partnership with the local food bank who has asked for their day old products. Meeting with the group and creating a comprehensive plan that would gain positive The food bank Choice is abundant in most markets in today's society and companies have to stay on the
impacts for both the business and the non-profit organization would be quite simple.
could offer a volunteer to pick up the day old product from the store and the store in turn could create an accountability system between the store and food bank. numerous. The opportunities with the partnership are
The store could create a marketing plan to share opportunities for patrons to give to the The food bank in return could add the stores
food bank by purchasing items from within the store.
logo and other information about the store to handouts or brochures that might be given to their patrons and/or donors. It would be important for the two entities to meet on a yearly basis to review
the partnership and share the results with the local community. Company Q, might want to consider conscientious capitalism. Conciouncious capitalism seems
to be a more holistic approach that allows social responsonsibilty to be embedded in every decision or process of the company rather than just picking up a "ball ( cause)" and carrying it around to just enhance their brand. It would allow for the company to change the thought
Social responsibility makes a company more competitive and reduces the risk of sudden damage to the company’s reputation and sales.
Businesses, specifically larger corporations, play a major role in what occurs in society therefore, they are responsible to their stakeholders not only to pursue economic goals but the greater social good as well. Corporate social responsibility (CSR) means that a corporation should act in a way that enhances society and its inhabitants and be held accountable for any of its actions that affect people, their communities, and their environment. (Lawrence, 2010). Social responsibility is becoming the norm so much so that some businesses have incorporated it into their business model. There are three components of the bottom line of social
Social responsibility in business can be defined as the obligation an organization has to minimize its negative social impact on stakeholders and to maximize its positive impact. In this case study we are introduced to a small local grocery chain referred to as Company Q. Located in a major metropolis, Company Q has recently closed some stores in areas of the city with higher crime-rates. They have started to stock a very limited amount of organic and health-conscience products after years of requests from their customers. Management has declined participating in a program to send expired food to a local food bank based on fears of employee theft by means of taking advantage of the situation. Based on the
The company is the corporation’s question mark performer and has the potential of becoming a star performer given the limited competition in the market. The company has the advantage of the parent corporation’s 25-year-old positive reputation as a local family owned business known for the quality of their products.
On a medium/long terms the company has the opportunity to be the pioneer in developing a innovative product with a positive impact among clients and
Many believe that business entities should have an ethical duty to be socially responsible, to work towards increasing its positive effects on society while decreasing its negative effects. Many organizations look for opportunities to be socially responsible while also creating shareholder wealth.
Most businesses start with the primary thought of making money. As a small grocery store chain, it is hard to compete with the larger national grocery stores, which often force the smaller local stores out of business. It is this dynamic, with the help of consumers, which is forcing both small and large businesses to reconsider their organizational goals and outcomes to include social responsibility. A successful business understands their customers, learns what their customers presently need, and foresees what their customers will need in the future.
This year Millards South Student Council has decided to start our own student pantry. Our council really wanted to focus on a big project that would benefit our student body. Our administrative staff informed us that 27% of our student body needs financial assistance and qualifies for free and reduced lunch services. This number is significantly higher that our neighboring high school.Once we found this news out, our council knew that we wanted to relate our project to helping them. The first step we did was create a project proposed form and present it to our administrator to start the process of creating the pantry. We were approved and given a room in the school to use as our pantry. We did a lot of research and even visited ‘Ralston High
Company Q is looking out for its interests, it will build loyalty which will help prevent loss and theft
The first intervention will be to implement the Healthy Bodegas Initiatives that will use a variety of approaches to help increase and promote healthy food in the corner stores within the underserved neighborhoods. The initiative will involve outreach staffs that will work in collaboration with the owners of the corner stores given limited resources. The outreach workers will help the owners to rearrange the stores in order to make shelf-space and increase visibility of healthier food items such as fresh fruits and vegetables and healthier beverages. The outreach staff will also help the owners to advertise the healthy food options by posting flyers and providing educational materials. Furthermore, the outreach workers will help the owner to obtain permits for displaying fresh fruits and vegetables in the storefront (Dannefer, Williams, Baronberg, et al.,
The expectation that businesses behave responsibly and positively contribute to society all while pursuing their economic goals is one that holds firm through all generations. Stakeholders, both market and nonmarket, expect businesses to be socially responsible. Many companies have responded to this by including this growing expectation as part of their overall business operations. There are companies in existence today whose sole purpose is to socially benefit society alongside businesses who simply combine social benefits with their economic goals as their company mission. These changes in societal expectations and thus company purpose we’ve seen in the business community over time often blurs the line of what it means to be socially
Over the last 17 years the number of families actively been served has fluctuated. As of right now, they are serving around 300 families per month. Each month, families are given approximately $100 worth of groceries. A member of each household arrives on either Monday or Friday to pick up their food box. Each week the food box contains bread, dairy, produce and pantry items. The future of Least of the Brethren is looking very bright. Later this month the pantry will be operating their Mobile Market. The Mobile Market is fairly new but has received great feedback. Volunteers will line food up outside the pantry and those in need will simply pull up, each vehicle is then load with an abundance of food. This is the only time families receive more than their monthly allotment of
Reviews and set quotas (amount of bonus a store manager could make) for each of his/her 6 stores.
Corporate social responsibility has been one the key business buzz words of the 21st century. Consumers' discontent with the corporation has forced it to try and rectify its negative image by associating its name with good deeds. Social responsibility has become one of the corporation's most pressing issues, each company striving to outdo the next with its philanthropic image. People feel that the corporation has done great harm to both the environment and to society and that with all of its wealth and power, it should be leading the fight to save the Earth, to combat poverty and illness and etc. "Corporations are now expected to deliver the good, not just the goods; to pursue
To cut down on the expenses, the company will encourage part time volunteer services to help with the preparation and serving of the foodstuffs. The company is already operating a food store, and therefore, the need for legal paperwork will be minimal. The company will seek all the necessary documents to ensure that the exercise is conducted within the law. To jumpstart the project, there is a need to have several kitchens where the food preparation will be conducted. Additionally, the company will use its shops to serve the registered beneficiaries.