The NYSEG Corporate responsibility program. Text, page 120. Your study should answer questions 1-3 on page 122.…
Ravi Raman, K. and Lipschutz, R. D. (2010) Corporate social responsibility. Basingstoke [England]: Palgrave Macmillan.…
2. Discuss specific challenges that you may have experienced with any of the subject matter presented, and point out the areas for which you would like more information.…
Company Q is a small grocery store chain located in a major metropolitan area. This company will be evaluated on its attitude towards social responsibility. Also, recommendations will be given in three areas indicating how the company could improve its position regarding social responsibility.…
Kotler, P. and Lee, N. (2005) Corporate Social Responsibility. Hoboken, NJ: John Wiley & Sons…
The company’s current attitude toward social responsibility isn’t responsible at all. The fact that they are willing to allow food to be threw away that could be given to a food bank illustrates the company’s unethical approach to social responsibility. Placing profits above people isn’t socially responsible but is rather sociopathic and a microcosm of the larger problem that entails the current Capitalistic system that is used across the world. Company Q, is displaying a common capitalistic mind-frame that many companies engage in wherein they would rather focus on lost revenues than assisting the less fortunate. It’s troubling that the company wouldn’t donate day-old products to a food bank.…
1. In order to implement an organizations commitment to social responsibility it is necessary to identify what social problem the organization intends to address, develop policies on what the organization plans to do to successfully fulfill its obligation and ensure stakeholder buy-in. The main obstacles an organization faces when implementing socially responsible policies is pressure from stockholders and business analysis who want steady increase in earnings. Without steady increase in profits, it becomes difficult to reinvest money in these areas. The following actions can be taken toward increased social responsibility:…
In the evaluation of Company Q for social responsibility, I conclude that company has not pulled in a commitment to the community for being socially responsible. By concluding the two stores in a higher crime rate area, establishes that the company, manager, security, and employees are not able to address and resolve the situation of continues revenues loss. They are insensitive toward social responsibilities and seem to be driven by profit margin, instead of determining ways to help the community they went to the easiest route by closing the two stores and ignoring the problem.…
Corporate sustainability initiatives and accomplishments are published on the Corporate Social Responsibility Newswire site at http://www.csrwire.com. Click on “Members” to find a long list of member companies. After reading information about the company, discuss their social responsibility efforts and sustainability initiatives. How do you think their efforts have impacted company profits?…
Unfortunately, Company Q has not made wise decisions as it relates to social responsibility. There are reports that the company 1) chose to close much-needed grocery stores in economically depressed (read: minority-occupied) parts of town, 2.) chose to start offering health-conscious food items only after it could locate the highest-margin products it could find; and 3) ashamedly refused to provide day-old food to the local food bank under the auspices that it was concerned that its employees would steal the food instead of donating it. The goal of this analysis is not only to highlight this absurd behavior and reasoning but also to offer solutions that are conducive to meeting social-responsibility concerns and maintaining financial viability. With any hope, Company Q will heed the counsel and institute immediate changes.…
will be reviewed in each of these areas and recommendations will be given to improve the…
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.…
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Organization’s commitment to social responsibility takes the form of policies or pronouncements on what the organization intends to do to address its social impact in the community where it operates, which includes its stakeholders, suppliers and the general public. As such, a key requirement in implementing an organization’s commitment to social responsibility is the buy-in from the board and the top executives which make the policies, and the support of the middle-management and employees which will implement the policies. To do this, the board and top executives must understand the firm’s effects as an organization, and everyone else must have a clear grasp of the direction where it is going. Implementation involves the day-to-day operations, processes, activities, decisions and practices which will ensure that the organization’s socially responsible commitments and policies are carried out and met The main obstacles to implementing socially responsible policies are ,lack of clarity in policy statements, lack of a supporting structure system, processes and organization financial constraints programs and projects must have appropriate funding,lack of coordination among activities, lack of understanding and support from implementers middle management and employees. Some specific actions that can be taken towards increased social responsibility's are. Come up with ways for the organization to integrate socially responsible policies into day-to-day operations and individual activities. This can be done by involving middle managers, employees, and other key players in brainstorming sessions. Develop a strong communication plan : Internally, focus on motivating factors such as how social responsibility can be a source of competitive advantage for the organization in terms of low production cost, improved product value, and build-up of customer loyalty. Externally, focus on making commitments public, not only to gain public attention, but to inform the…
References: I used one source of information being the internet and only had to use two websites to obtain the information I needed to complete my essay. The Morrison’s information I needed was all from the Morrison Corporate Social Responsibility report 2009.…