Est1 Unit 1 Research Paper

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Chris Black EST1 - Task 1 It can be a daunting task surviving and flourishing as a small business. Challenges can be overwhelming and seem to have limited resources. When faced against big box stores, small stores seldom have the upper hand; they do not always have name recognition and buying power. Therefore, it is important to look closer at connecting with the community through social awareness and responsibility. Company Q’s examples in operations shows a definite disconnect from its social responsibility to the community. The decision to cut two stores from operation due to lack of profits could be influenced from a scarcity mentality rather than an honest evaluation of needed changes. The reason they have stated for closing a couple of their stores in high crime areas is Loss of profits. This statement “loss of profits” is a broad statement that could be lead from many company decisions. In this case it seems that the loss of profits could be from the lack of social and cultural responsibility because the company failed to provide the products that were requested by customers.…show more content…
Zig Ziglar (1984) stated, “You can get everything in life you want if you will just help enough other people get what they want. This statement is such a brilliant insight to the free market putting into such simple terms that if you do not provide the goods or services needed or sought after by customers you will not

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