Companies: Ethics and Social Responsibility

Ethics and Social Responsibility
In response to the brief presented case study, Company Q has stores in high crime areas, and has chosen to close these stores citing above average losses because of shrinkage or theft by both customers and employees.
A. Evaluation of Company Q’s Attitude Toward Social Responsibility
Company Q makes the assumption that its employees from these areas have no value and are predisposed to theft. Placing aside the axiom that people sometimes steal for basic survival, and in the efforts to create and maximize stakeholder value, Company Q has a responsibility to meet the need of the customers and employees in the areas in which stores are located.
Employees that are trained in the hierarchy of business help foster allegiance and a desire for the success of the company, which employs them. “Only when a person’s preferences or values influence his or her performance on the job do an individual’s ethics play a major role in the evaluation of business decisions” (Galvin, 2009, p. 9). Tasking each employee as keepers of the vision of the company, and arm he or she with the knowledge that the company must be profitable to be sustainable would go along way in helping employees to understand that he or she must act in a way that helps the organization remain, keep its immediate area citizenry employed, and provide much needed access to healthy food within the community. This will also alleviate the need for bus travel, taxicabs, or senior citizen transportation to store outside the community.
Each year about 27% of America’s food gets thrown out, with more than 300 pounds of food per person ending up in the waste stream. The disposal cost of such food exceeds one billion dollars in local tax funds annual...

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