Social Responsibility of Company Q – Essay – blackbull
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Social Responsibility of Company Q
Social responsibility is when companies and businesses try to have positive relations with the society they are in. When a company is socially responsible, then they are also trying to increase stakeholder wealth. Social responsibility is essential for any company. Company Q’s current attitude towards socially responsible is not good because it is an outdated concept. Company Q is currently focused on the shareholder’s model instead of a stakeholder’s model and that can make stakeholders feel concerned about the company’s lack of corporate social responsibility. When customers have asked for more health-conscious and organic products, they have begun offering a limited amount of health and organic products. Also, when the food bank asked for donations management has decided to decline and instead throw day-old products away because of worries of fraud due to loss revenues. Lastly, in the highest crime rate areas they have closed two stores because it’s losing money. These problems prove that they are not focused on a stakeholder’s wealth instead, they are focused on a shareholder’s wealth. How can they be better?

First, instead of offering a limited health and organic products, the company could offer more of those products. When customers for years, been asking for more health and organic products, the company just started offering these products. However, only in limited quantities with limited products have they started selling them. The company proves a lack of concern for their customers. When the company offer more of these options, this shows the company is at least trying to be more concerned with the customers that served them. This is one way to be more socially responsible.

Second, when asked by the area’s food bank for donations of day-old products, the management should decide to donate the day-old products to the food banks instead of focusing on loss of revenue due to fraud. The company will be superior at social responsibility because they are giving back to the society that they’re situated in. When a company decides to give resources that they don’t need but are still valuable to the community. The company figured

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(2016, 07). Social Responsibility of Company Q. EssaysForStudent.com. Retrieved 07, 2016, from
“Social Responsibility of Company Q” EssaysForStudent.com. 07 2016. 2016. 07 2016 < "Social Responsibility of Company Q." EssaysForStudent.com. EssaysForStudent.com, 07 2016. Web. 07 2016. < "Social Responsibility of Company Q." EssaysForStudent.com. 07, 2016. Accessed 07, 2016. Essay Preview By: blackbull Submitted: July 20, 2016 Essay Length: 585 Words / 3 Pages Paper type: Essay Views: 430 Report this essay Tweet Related Essays Analysing the Role of Internal & External Environment, Social Responsibility and Managerial Ethics in Parmalat & Awb ANALYSING THE ROLE OF INTERNAL & EXTERNAL ENVIRONMENT, SOCIAL RESPONSIBILITY AND MANAGERIAL ETHICS IN PARMALAT & AWB By John Geevarghese (ID 21639689) INTRODUCTION : Goal 3,609 Words  |  15 Pages Do Successful Companies Value Social Responsibility and Ethics in Marketing in India? Do successful companies value Social Responsibility and Ethics in Marketing in India? Prof. Sudeep Chatterjee* Introduction India, the second largest democracy, saw the initiation of 3,861 Words  |  16 Pages What Is Meant by Externalities? How Have Oil Companies in Trinidad and Tobago Employed Solutions to Externalities as Part of Their Corporate Social Responsibilities (csr)? What is meant by externalities? How have oil companies in Trinidad and Tobago employed solutions to externalities as part of their corporate social responsibilities (CSR)? 1,114 Words  |  5 Pages The Relationship Between Corporate Social Responsibility and Ethic at the Leadership Level of Companies What is corporate social responsibility (CSR)? According to the Ў®WikipediaЎЇ , Ў°Corporate social responsibility (CSR) is a company s obligation to be accountable to all 1,565 Words  |  7 Pages Similar Topics Corporate Social Responsibility Corporate Social Responsibility Case Get Access to 89,000+ Essays and Term Papers Join 209,000+ Other Students High Quality Essays and Documents Sign up © 2008–2020 EssaysForStudent.comFree Essays, Book Reports, Term Papers and Research Papers Essays Sign up Sign in Contact us Site Map Privacy Policy Terms of Service Facebook Twitter

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Social Responsibility Of Company Q And Organic Products. (June 17, 2021). Retrieved from https://www.freeessays.education/social-responsibility-of-company-q-and-organic-products-essay/