Corporate social responsibility has become a topic of concern for many businesses. Businesses are striving to meet sales and profit goals, yet at the same time have a positive impact on society. The reason for this is that customers, investors, employees, government agencies, and communities are all influenced by business, yet they all have the ability to influence and impact businesses as well. A company’s reputation is at stake when it comes to being socially responsible, and many companies have developed a plan that ensures they are being socially responsible while still meeting their sales/profit goals. This paper will evaluate Company Q’s current policies and attitude and make recommendations to improve them towards social responsibility and in turn increase their bottom line.…
I believe there are a few things this corporation can do to increase their social responsibility to their community and also their own employees. The very first step is to come up with a Corporate Social Responsibility program. One that would outline and define the company’s stance on ethics, good decision making business-wise and also for their community, and give direction when hiring new employees on what the expectations are for Company Q.…
In evaluating Company Q’s attitude toward social responsibility, one can see they have conveyed a reputation of not caring for the community by closing stores in higher crime rate areas, only offering a limited supply of health-conscience and organic products, and denying food bank donations. Company Q has developed an attitude of a business that cares more about its profits and losses than that of its customers and communities.…
Social responsibility is business ethics that represents standards, norms, and expectations that reflect a concern of major stakeholders, such as consumers, employees, shareholders, suppliers, competitors, and the community. Lack of social responsibility opportunities is hurting Company Q’s business and its image and they don’t seem to care about it according to the given situation. The community’s perception of Company Q’s business has changed since Company Q threw away the day-old, high margin products when the area’s food bank asked for a donation. It was a slap in the face. For a small local grocery store chain that is going through a financial issues, they are not in a place to be ignorant or have a poor customer service. In today market, having good customer service and quality products are the key factors for successful businesses. In company Q’s case, they are failing at both, especially when they don’t even have the support from their own community. It is probably a good thing that they closed two of their stores in higher-crime-rate areas of the city because being in a higher-crime-rate areas would drive their customers away even more so. Even though Company Q can care less about the social responsibility, maybe we can still recommend few pointers to help them improve the business.…
Social responsibility encompasses everything from charity to volunteering to creating an ethical culture. In particular, most corporations have benefactors who receive funds and attention from the company. For example, Proctor & Gamble has contributed to Cincinnati Children 's Hospital. Many corporations also organize charity races or fundraising drives for company-supported nonprofits. These efforts tie into a desire to give back.…
1.What factors help to explain why J&J historically had as many as 12 distribution centers in Europe?…
In order for the company to become more socially and ethically responsible there are several steps it needs to take. One step would be to hire an Ethics Officer or a consulting…
12. What social responsibilities does your company feel are the most important? What is done to satisfy those responsibilities? Our company support children sport and medical benefit so they can raise money for a person in the community fight a health issue. Our company donates funds, food, and gift certificate for supporting those…
“Social responsibility is the practice of producing goods and services in a way that is not harmful to society or the environment”. (Cambridge Dictionary Online, 2013)…
After reviewing the Johnson & Johnson website I discovered that they had several of the 12 Dimensions of Business Innovation. Of the 12 dimensions, I will identify 6 that I found on the website.…
In the Johnson and Johnson Company efforts to improve the quality of life for people everywhere while still maintaining a standard of employee and customer service. Mark Simpson had an incident that J&J never before had and that was violence in the work place. Mark Simpson being the HR manger had to deal with this work place assault in a timely and professional manner, because this experience will be the template for future action plans. This type of case can set precedents. Mark needs to come up with the best alternatives to present this to Mr. Perry the VP of HR department. J&J cares about its employees just as they care about its community and customers. J&J follows its Credo and has a corporate culture of caring for people. Bob Phillips part of the EAP program is mentally challenged assaulted another employee from the maintenance department. The other employee assaulted was Bob Bishop. Bob learned from the company nurse that he suffered severe bruises to his chest where he was punched by Tom Phillips. The nurse advised Bob to report this incident to management. Many alternatives were considered in order to reach a decision. These alternatives consisted of: a) Verbal discussion; b) Use company EAP service; c) Use ARC services d) suspend Tom for the assault. Given the circumstances, the only way to deal with the situation was to ensure that Tom Phillips be treated as an individual employee. Therefore, by maintaining J&J’s Credo that is…
While commuting home from work, you take a detour through a residential area to avoid a congested main artery. Because only a few drivers take the detour, it removes several minutes from your commuting time due to the light traffic. Is your action generalizable?…
Examine Apple’s current position on the company’s ethical and social responsibilities, and determine whether or not the company has met these responsibilities. Provide two (2) examples that support your position.…
Over the years, the perspective of corporate social responsibility has evolved in Corporate America. Today, many businesses have made promises to contribute to current social problems, such as the environment and labor standards. Companies are now looking at corporate social responsibility as a sustainability tactic that can benefit their overall market value. Companies that do not pay attention to their social and ethical responsibilities are more likely to be shunned by consumers and other stakeholders as well as “stumble into legal troubles, such as mass corruption or accounting fraud scandals” (Wharton 1). In simple terms, it is nearly impossible for businesses to get away with ignoring the social and ethical standards that they need to go by.…
1960 – Revson segmented Revlon Inc. into different divisions, each focusing on a different market. He borrowed this strategy from General Motors. Each division had its own target customer:…