An Evaluation of Company Q's Social and Ethical Responsibilities Est1 Task 2

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. An Evaluation of Company Q's Social and Ethical Responsibilities Western Governors University 02-06-2014 Author's Notes This paper was prepared for 2014 Ethical Issues in Business Abstract Company Q is a small local grocery store chain located in a major metropolitan area, and has recently closed some of its stores. These stores happen to be located in higher-crime-rate areas, and closure has been linked to a continual lack of profits. Company Q has also ignored request from its consumers for years, but just recently has decided to start offering a limited amount of requested products. Company Q has also denied request from the local food bank over worries of fraud and stealing. This paper's objective is to look at and analyze company Q's attitude toward social responsibility, and recommend areas that could be improved regarding company Q's attitude toward social responsibilities. An Evaluation of Company Q's Social and Ethical Responsibilities According to Ferrell, Fraedrich, & Ferrell's text book “Business Ethics 2009: Ethical Decision making and Cases, 7th Ed.” page 7, social responsibility is a term used to describe a concept that encompasses the actions and activities of a business, along with the attitude and impact that business has on society and the communities in which it operates while trying to maximize its positive impact and minimize it's negative impact. Company Q's attitude toward social responsibility can be evaluated from the point of economical, legal, ethical, and philanthropic. Company Q may also take steps to improve it's attitude towards social responsibility by implementing a program that considers the needs of all the stakeholders that will improve community relationships, consumer loyalty, and also improve company Q's reputation. Economically, Company Q has made it clear that it places profit above all else,

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