Task 1: Social Responsibility In Business
Running Head: SOCIAL RESPONSIBILITY IN BUISNESS 1
Social Responsibility in Business
Brian P. Bennetti
Western Governors University
SOCIAL RESPONSIBILITY IN BUISNESS 2
I think we would all agree that the primary objective of any business is to make a profit. While this may be true, there is a strong correlation between being financially successful and morally and socially responsible. It would appear that company Q has disregarded the latter. In order to succeed in any given environment, one …show more content…
In simple terms, give the people what they want and/or expect. For example, if a grocery store was located in a predominately Asian part of town, it would be expected that they would carry a larger assortment of Asian products. With regard to Company Q, the failure to provide products and services that directly impacted their target audience was detrimental to the stores survival. This was realized by the failure to provide health-conscience and organic products requested by their customers. It is also true that the communities’ perception of any given business will greatly affect the overall success of that particular business. It would appear that company Q has taken the position that location and employee fraud are the largest contributing factors for the stores decline, when in fact, it is their own moral judgments that are leading to the stores downfall. This was again evident with the decisions to throw out day old products rather than donate them to the community food banks. It’s extremely important for one to recognize ethical issues and to understand ethics in business. It is not always the case that society will interpret a
Social Responsibility in Business
Brian P. Bennetti
Western Governors University
SOCIAL RESPONSIBILITY IN BUISNESS 2
I think we would all agree that the primary objective of any business is to make a profit. While this may be true, there is a strong correlation between being financially successful and morally and socially responsible. It would appear that company Q has disregarded the latter. In order to succeed in any given environment, one …show more content…
In simple terms, give the people what they want and/or expect. For example, if a grocery store was located in a predominately Asian part of town, it would be expected that they would carry a larger assortment of Asian products. With regard to Company Q, the failure to provide products and services that directly impacted their target audience was detrimental to the stores survival. This was realized by the failure to provide health-conscience and organic products requested by their customers. It is also true that the communities’ perception of any given business will greatly affect the overall success of that particular business. It would appear that company Q has taken the position that location and employee fraud are the largest contributing factors for the stores decline, when in fact, it is their own moral judgments that are leading to the stores downfall. This was again evident with the decisions to throw out day old products rather than donate them to the community food banks. It’s extremely important for one to recognize ethical issues and to understand ethics in business. It is not always the case that society will interpret a