Est1 310.2.1

In: Business and Management

Submitted By ambergmaxwell
Words 684
Pages 3
Company Q
The thought that businesses, not matter how big or small, should be socially and ethically responsible is not a new concept. Many believe businesses should help to increase positive changes on society and, in effect, decrease the negative impacts that could happen.
In the example we see Company Q, a small grocery stores in a large city. Due to crime that comes along with living in a large metropolitan area, they have had to close two of their locations because they were losing money from all the shoplifters. The example states that it took several years of requests for Company Q to offer healthy options and organic produce, and the supply they did bring in was limited and high priced. When asked to donate day-old food to and by a local food bank, Company Q declined. They believed that they would lose money due to employees taking the food home, rather than bringing it to the donation center, so they decided to throw the old product out. Company Q ‘s decisions towards ethical and socially responsible business practices is questionable, at best.
All of the actions Company Q has taken allows for consumers and the general public to view them in a negative light. It would seem they are primarily concerned about revenue and profits, rather than the wellbeing of the employees, locals, and community. In order to attract more customer, which would increase profits and loss, the company needs to make some changes.
First of all, since the main focus of the company seems to be profit, they should not have closed the two stores that were in high crime areas. Instead, they should have simply installed security cameras around and inside each building. While there would have been some initial costs, the cameras would have dramatically decreased shoplifting. When someone feels they are being watched, they are less likely to steal. It also would have allowed for local…...

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