In Company Q’s case some business decisions need to be re-analyzed in order to ensure they are meeting their goals, as well as being socially responsible. Company Q is a small locally owned Company that has decided to close down stores in higher-crime-rate areas of the city due to the stores reportedly losing money. Another issue is that it took many years of insisting by the customers to get health-conscience and organic goods in due to worries by the company about high cost margins. They have also turned down opportunities to donate day-old products to the local food banks because they are worried about lost revenues and fraud. The current attituds and decisions seem to be based on the bottom line and profitability of the company rather than the best interests of the community and their customers. If these decisions are not evaluated and changed the company could ultimately lose their business to a more responsive competitor.…
The groundbreaking 1980s story of a small Massachusetts town which filed willful and gross negligence lawsuits against the big name chemical company W.R. Grace and consumer goods corporation Beatrice Foods, is “given breath” in Steven Zaillian’s, A Civil Action. These companies disposed of their toxic waste materials into the ocean which then seeped into the town’s well, which was their everyday water supply. These chemicals contributed to the rampant cancer deaths of many including innocent children. A Civil Action highlights the power struggle and negotiation process between Jerome Fatcher (Beatrice’s attorney), William Cheeseman (Grace’s attorney) and John Travolta’s character (Jan Schlichtmann, the town’s attorney) in order to get justice and reparation for those affected.…
1. Companies have a social responsibility to provide safe working conditions and fair pay for their employees. Also, they should ensure their products do not cause unintended harm to people or the environment.…
Before undertaking a deep discussion on this subject, it will be helpful to offer a definition of “social responsibility,” which is “the obligation corporations, organizations, and individuals have to society” (Stengel, 2010).…
Both news sources have revealed the “filth on the floor” of large companies that succeed at the cost of individuals. So far, fines and forced repayment of wages have not stopped the trucking companies from continuing to exploit drivers. Exposure and public outcry have not forced agricultural giants to stop nitrate pollution of the Raccoon River. However, it has exposed and stopped supervisors in Iowa from taking secret donations from corporate interests through the Agribusiness Association of Iowa.…
It is no mystery that companies exist and desire to make a profit from their product or service being offered. However, it is becoming increasing popular that companies desire to achieve social responsibility in order to increase their public image, which in turn should lead to increased profits. In this class, we learned that social responsibility is the duty to take an action that will benefit the interests of society and the organization (Kinicki & Williams 2011). One of the ways to become more socially responsible that is adopted by many companies is through green management, which is referred to using various policies to reduce environmental problems (Tim Barnett, n.d.). More and more companies are becoming concerned about the impact their organization is having on the natural environment.…
Social responsibility is the primary strategy which companies should concentrate on if they want to succeed because it will help businesses to have a good reputation and to obtain resources from stakeholders (Jones &George, 2011). As the article says, the U.S. energy companies should research into the advantages and disadvantages of fracking and show how companies care about communities and environment. If they cannot prove that fracking is an environmental and human friendly technique, many people, who concern about potential harmful effect from fracking, will be against their projects. After that, those companies will have a bad reputation and the number of customers will be reduced. To be specific, a group of New York State residents who called themselves the “New Yorkers against Fracking” support banning fracking in New York City (“New Yorkers Against Fracking”, 2012). This is because they believe that drinking water will be contaminated with the wastewater which is used in fracking sites and they also believe that federal regulations have loopholes providing for energy companies. The energy companies might have a critical situation when the small group of people in New York City becomes a big group of people all over the U.S. The stock price and quantity of their sales will be decreased because people do not want to support some companies which have a lapse of societal ethics. In conclusion, placing importance on environment and social responsibility are the basic strategies which help businesses to maintain a good…
Pgs. 150-151 --- corporate social responsibility- management's obligation to make choices and take actions that will contribute to the welfare and interests of society as well as the organization.…
social responsibility, an organization's obligation to maximize its positive impact on stakeholders and to minimize its negative impact. Philosophers increased their involvement, applying ethical theory and philosophical analysis to structure the discipline of business ethics. Companies became more concerned…
This was the worst environmental disaster America has ever faced. After a week, CEO Lawrence Rawls wrote apology note in all newspapers. In addition they began cleanup immediately after the situation occurred.…
Corporate Social Responsibility issues in today’s modern day business environment are one of the most controversial topics affecting firm’s reputation when operating in any industries.…
Using an organisation of your choice you are required to identify the nature of the significant environmental issues which confront it and the organisational responses.…
For the better part of 30 years now, corporate executives have struggled with the issue of the firm's responsibility to its society. Early on it was argued by some that the corporation's sole responsibility was to provide a maximum financial return to shareholders. It became quickly apparent to everyone, however, that this pursuit of financial gain had to take place within the laws of the land. Though social activist groups and others throughout the 1960s advocated a broader notion of corporate responsibility, it was not until the significant social legislation of the early 1970s that this message became indelibly clear as a result of the creation of the Environmental Protection Agency (EPA), the Equal Employment Opportunity Commission (EEOC), the Occupational Safety and Health Administration (OSHA), and the Consumer Product Safety Commission (CPSC).…
social responsibility is irrelevant: Companies that simply do everything they can to boost profits will…
Many companies are examining their ethical and social responsibility for the impact of their actions. Under the pressure of environmentalist and human rights groups, companies are to take more responsibilities for…