Ethics Of Company Q: Ethics And Social Responsibility

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Recommended: Chapter 4 ethics and social responsibility

Company Q did not coherently follow the trending change of corporate governance and voluntary boundaries required to succeed in social responsibility as were expected in the corporate world. Results found the concept of philanthropy and giving back to the community only a theory that was mismanaged. Company Q’s inappropriate conduct of due diligent business practices, compromised the integrity of principles expected by current stakeholders, customers, employees and the entire local community. Cause and effect led to several of Company Q’s chain locations being closed stemming from internal and external environmental influences. Moral and ethical decision-making policy failed in ranking as committed corporate citizenship, resulting in the …show more content…

According to Ferrell, O.C., Fraedrich, J., and Ferrell, L., (2009, p. 91) this is defined as one that “focuses on the preservation of individual rights and on the intentions associated with a particular behavior rather than on its consequences,” (Ferrell, et. al., 2009, p. 91- 92). Company Q (the local, small-chain, grocery store) displayed this ungainly attitude, by failing to recognize the consequential failures that a lack of social responsibility could produce and with a rippling effect on the company’s corporate citizenship commitment. The results were disproportionate regarding their lack of policy regarding strategic philanthropy options in comparison to the expected fulfillment of community-social, economic and environmental responsibility obligations, (Ferrell, O.C., Fraedrich, J., & Ferrell, L., 2009). Lacking reputable practices in due diligence of business ethic, stakeholder expectations, and a sustainable corporate culture, Company Q failed, overall, in the degree to which it met the commitment of social responsibility and its corporate citizenship philosophy (Ferrell, O.C., Fraedrich, J., & Ferrell, L.,

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