Est1 Task 1

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EST1: Task 310.2.1-05 Opportunities for Company Q to lead in the area of social responsibility After reviewing the excerpt given on Company Q’s attitude toward social responsibility, Company Q’s current stance has had a large impact on the recent down turn and loss of money in their stores, ultimately resulting in the closing of two stores in urban areas. Company Q’s attitude toward social responsibility needs to be improved. In this paper I will identify some of the possible consequences of the lack of social responsibility on the part of Company Q. Company Q should review their policies and procedures currently in place regarding the reasons for store closures. Company Q should also review products they offer, price control factors, and donations to local charities in the community. I will show that by improving on these areas, Company Q will improve their overall view in the community and improve their view with loyal customers and potential customers. The closing of a store creates a large impact on any community. Company Q’s disregard for any social responsibility creates a negative view of the company in areas where they operate. Company Q’s stores were reportedly closed due to their lack in generating profit, being that these stores were in high crime areas raises some concern. Statistics show that the trends are not only concentrated in a residential urban community but are wide spread amongst metropolitan areas. “The narrowing of the gap between city and suburban crime rates underscores that crime is not solely an urban challenge, but metropolitan-wide issue.” (Raphael, 2011) Although these stores were in high crime areas Company Q could have taken steps to improve customer safety. Company Q might have offered security that other local establishments may not have provided. Company Q could have offered parking lot security in conjunction with

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