Company Q failed to act in a timely manner to stock stores with health conscience and organic foods that were requested by customers for two years. Not only were they not socially responsible by not actively providing the need to the stores in the community, but missed the opportunity to make a profit on high margin foods. Company Q was socially irresponsible when the local food bank asked for day-old products and they denied the donation. Instead, the food was thrown in the trash. B.RECOMMENDATIONS My first recommendation is for Company Q to revisit the opening of the two stores that were closed due to money loss.
To see these benefits, the focus needs to remain on benefiting the community at large and meeting the needs of each individual location. Crime can be reduced within the store by helping provide for the community and offering opportunities to help people work their way off the streets. Consumer spending can be increased by meeting the demands of the area while helping those who cannot afford to spend money on the goods the company sells. Any company would be wise to remember that quite often it is the poor who succeed later in life and become a company’s biggest investors. A focus on those in need is something that helps a company’s reputation for years to come, boosting profits in both the poorest neighborhoods and the wealthiest.
Without customers, there is no business and this will hurt this large company in the long-term. Not only is it right for the company to give more consideration to their employee’s desires but it will also contribute to the bottom line. Their customer will know the value of their company and employees will be more productive in what they do and proud of who they work for. Wal-Mart makes an average of $245 billion in revenues; therefore they have the resources to treat employees fairly. It is important for their corporation to take care of their workers and have a reputation of treating them fairly, which is important to the customers.
When asked about donating their day old food to the local food bank, the company refused and chose to throw away the food. Their decision came from worries that there could be possible fraud or stealing by the employees who might say they are donating the food, but taking it for themselves. This proves the company has a very poor ethical framework. Mainly showing their lack of trust in their employees. By setting rules beforehand, the company can eliminate
However, a determination should be made regarding the viability of these items in all stores. If sales are low in certain areas, this could lead to loss of profit due to overages. Company Q has also declined a request by local food bank to donate day old products because they fear theft by employees. Company Q could take a few simple steps which would support their need to improve profit, engage their employees in a shared corporate vision, and build a supportive relationship with the community. Recommendation 1 Company Q should establish an ethics program.
Grocery stores are in competition with smaller markets like Kudlers and Whole Foods. If the brand name grocery stores like Ralphs and Vons did not offer organic and specialty items, the market structure of Kudler Fine Foods would differ. This market structure positively affected Kudler because there was no barrier to entrance within the quality foods market. What negatively affects the company with this market structure is that they are compared to big companies who are able to supply some of these rare items at a more competitive price. One of the marketing strategies that ensure the company of long-term profitability is the personal relationship built with the customer base.
Meanwhile, hotels had emptied and foot traffic was down at many retail stores.” People were loosing money because of the spill. The economy faced a drop in their financial balance. Many people left the county in order to find a place they could utilize water. Other people felt as if they were trapped in their own homes because several of the restaurants were closed. Even though the Chemical Plant boosts up the economy, once the spill occurred it created dramatic drop financially and
Company Q was not being socially responsible when they closed two grocery stores that were located in the same general area of the city, they did not show a commitment to their employees and the community? When they closed their doors, that meant jobs were lost in the community, this instinctively brings anger towards the food chain. Company Q should have seriously considered what these closures could do to their reputation. Through the years, Company Q was not being socially responsible when they didn’t listen to the customers about stocking healthier foods and organic products. Company Q eventually listened and brought in a limited selection of products, but the customers found them to be to expensive to purchase.
The problem with the detectors is that you have to place a clip of some sort on all merchandise if you want it to be detected when going through a detector. The plus to this system is that in dramatically reduces the rate of shoplifting in the store and is relatively cheap. Heightened security measures can serve as a restraint to ideal customers who may feel a level of guilt by association. Shoplifting also has indirect influence on employee morale and the work culture. Employees may feel a sense of paranoia if they constantly hear the store has a shoplifting issue.
Consumers and society look at organizations to be trustworthy, responsible and held accountable for all their actions. Maximizing the company’s profit is the least of importance than the compromise in the company’s vehicle safety standards. Human rights are rights enjoyed by humans (Hartman & DesJardins, 2008, p. p. 91). As humans, these individuals have rights and to make the decision of not repairing the faulty fuel tank goes against everything a company should stand for while acting unethical. Organizations and businesses have a social responsibility to society when making decisions, meaning the objective and intelligent concern for the welfare of society that restrains corporate behavior and individuals from negative activities, no matter how immediately profitable, and leads in the direction of