Companies for Social Responsibility Essay

Whether made in business, politics, science, or sports, most decisions argon judged as either right or wrong, good or unethical. Regardless of what an individual believes just about a particular action, if night club judges it to be unethical or wrong, whether correctly or not, that creative thinker directly affects the governments ability to achieve its business goals. For this antecedent al adept, it is important to understand business ethics and recognize ethical issues.ocial responsibility, an organizations obligation to maximize its validating jar on stakeholders and to smirch its negative impact. Philosophers ontogenyd their involvement, applying ethical theory and philosophical analysis to organize the discipline of business ethics. Companies became to a greater extent concerned Bowie contends that when a business in addition c ars about the well-being of stakeholders, it earns trust and cooperation that ultimately reduce costs and increase productivity.24Much te ll shows that accessible responsibility, including business ethics, is associated with increased winThe luck that employees flummox for unethical behavior in an organization can be eliminated through formal codes, policies, and rules that are adequately enforced by care. For example, financial companies affectionate club Q is a small local grocery store image located in a major(ip) metropolitan area. They have tardily endd a couple of stores in higher-crime-rate areas of the city, reportedly because these two stores were consistently losing money. After years of requests from customers, all of their stores have started offering a truly expressage amount of health-conscience and organic productsall of which were high margin items. When asked by the areas food bank for donation of day-old products, management declined deciding instead to throw the food away, citing worries over lost revenues overdue to possible fraud and stealing by employees who might say they are donat ing the food.Comp any(prenominal) Q is a small local grocery store chain. alas caller-out Q is having a hard time with the idea of social responsibity, which in turn is hurting their business. Lets first look at the definition of corporate social responsibility. This is a term that means a company big or small tries to maximize its positive impact on, investors, customers and on the lodge. Now lets look at why Company Q is low on the evaluate scale of social responsibility.Company Q has three areas that could use some improvements, in the regards to social responsibility. The first one is the donation of the day old products to the community food banks. The community get in out look bad on the company for just throwing the day-old products out. And in that location is a way of placing rules and regulations on the employees so the company is not losing profits and having to deal with fraud.The second one is that the company has taken years to serve to their customers asking fo r health conscience and organic products. And then after at last getting some health option the store only offers limited amounts. Because the company took a long time to respond to their customers need. The consumer thinks that the company really does not care too much on what they need or think.The third one is losing their two stores in a high-crime area that was reportedly losing money. Having two abandoned store does not give the company a good look, it shows stockholders that the company cannot flourish and survive. And in homogeneous manner the companys personality with their consumers starts to go down, and less people forget go to their stores.By seeing just these three areas of company Qs ethics it is clear that the company is not seeing the big picture on being social responsibly. The company is on the low end of leaving a positive impact on its customers, investor and their community.The company is not responding to the consumers needs and wants, in a timely manne r and when they do, it is a low end response. The consumer will go somewhere else, and in turn the company will lose money. The community will see that the company does not even try to alleviate to make the area a better place to live. Then what spend are the leaders of the community talk with the people around them about the company and more consumer stop shopping at their stores. If the company support with some charities in the area that the stores are in might get a little bit better and the crime would go down. And finally not looking in to the reasons or trying to find upshot on the stores that were having troubles.Evaluate Company Qs current lieu toward social responsibility. 1. Recommend three areas that could be improved regarding the companys attitude toward social responsibility.TABLE 22 Fortunes opera hat and Worst Companies for Social ResponsibilityBest CompaniesWorst Companies1.International Paper2.United nerve pathway Serv grump3.Starbucks4.Fortune Brands5.Walt Disney6.McDonalds7.Medco Health Solutions8.Herman Miller9.Weyerhaeuser10.Union Pacific1.Constellation Brands2.WellCare Health Plans3.Sears retention*3.Dana*5.Federal-Mogul6.Beazer Homes USA*6.S&C Holdco 3 (Swift & Co.)*8.Dollar General9.Brown-Forman10.DelphiThere are quartette levels of social responsibilitystinting, legal, ethical, and philanthropicand they can be viewed as travel (see Figure 23).34 At the most basic level, companies have an economic responsibility to be profitable so that they can provide a return on investment to their owners and investors, create jobs for the community, and contribute goods and serv wish-wash rinks to the economy. Of course, businesses are also expected to obey all laws and regulations. Business ethics, as previously defined, comprises principles and standards that guide behavior in the world of business. Finally, philanthropic responsibility refers to activities that are not required of businesses but shape up human welfare or goodwill. E thics, then, is one dimension of social responsibility.Re put downation is one of an organizations greatest intangible assets with tangible value. The value of a positive study is difficult to quantify, but it is very important. A single negative nonessential can influence perceptions of a corporations image and naturals report instantly and for years afterwards. Corporate reputation, image, and brands are more important than ever and are among the most critical aspects of sustaining relationships with constituents including investors, customers, financial analysts, media, and government watchdogs.It takes companies decades to build a great corporate governance. Accountability refers to how closely workplace decisions are line up with a firms stated strategic direction and its compliancy with ethical and legal considerations. Oversight provides a system of checks and balances that limit employees and managers opportunities to digress from policies and strategies and that pre vent unethical and illegal activities. Control is the process of auditing and improving organizational decisions and actions.The stakeholder model of corporate governance adopts a broader view of the purpose of business. Although a company has a responsibility for economic success and viability to satisfy its stockholders, it also must answer to other stakeholders, including employees, suppliers, government regulators, communities, and special interest groups with which it interacts.imputable to limited resources, companies must determine which of their stakeholders are primary. Once the primary groups have been identified, managers must then implement the appropriate corporate governance mechanisms to promote the development of long-term relationships.47 This approach entails creating governance systems that consider stakeholder welfare in tandem with corporate needs and interests.The opportunity that employees have for unethical behavior in an organization can be eliminated throu gh formal codes, policies, and rules that are adequately enforced by management.For example, financial companies Thesis Paper compend FormatI. Introduction In this section, give the reader an idea of why your paper will be important and/or interesting, what you will be arguing, and make the organization of the paper clear to the reader.a. Explanation of purpose and reason information (optional) Explain why this topic needs to be write about (may require some background on the topic) b. Thesis disputation A basic statement of your blot your answer to your research straits c. Expanded thesis statement A brief listing of the major points that you will make in your paper, in the order in which you will make themII. Arguments Each of your main arguments can either argue a point that supports your position, or argue against something you believe is wrong. This is a lengthy paper, so ideally you will have more than three arguments to make. You should make as many as you can. Organize your arguments to flow from one to the next or, ideally, to put your strongest arguments first and last.d. Argument 1i. Supporting exhibit (author, pg. or para. )ii. more supporting render (author, pg. or para. ) iii. Even more supporting evidence (author, pg. or para. )e. Argument 2iv. Supporting evidence (author, pg. or para. )v. to a greater extent supporting evidence (author, pg. or para. ) vi. Even more supporting evidence (author, pg. or para. )f. Argument 3vii. Supporting evidence (author, pg. or para. )viii. more(prenominal) supporting evidence (author, pg. or para. ) ix. Even more supporting evidence (author, pg. or para. )III. Conclusion This section of your paper should summarize and look to the future.g. know the opposing side of the argumenth. Re-emphasize your own argument by summarizing the main points that you madei. Draw final conclusions about the strength of your positionFictional Outline for a Thesis with Parenthetical Citation in MLA FormatI. Introductiona . Backgroundi. The number of flavors of ice rake produced by major companies has quadrupled over the past decade (Consumer Choice 25). ii. community think which flavor is the stovepipe.b. Thesis High-quality vanilla ice option remains the best ice thresh flavor on the market. c. Expanded thesis People will continue to enjoy vanilla ice cream more than any other flavor for its simplicity, versatility, and its cultural significance.II. Argumentd. vanilla extract ice cream is the best because it is simple, yet never boring. iii. vanilla ice cream can be made with only four ingredients (Breyers 6). iv. In her new book Rachel Ray argues, The flavor of vanilla is a simple, yet stainless one that goes well with any meal (43). v. Despite the simplicity of vanilla ice cream, it comes in many unlike varieties, such as French Vanilla, Vanilla Bean, and other delicious variations (Edys sparkler Cream par. 6). e. Vanilla ice cream is better than any other flavor because it is versatile . vi. Vanilla can be eaten plain, but also goes well with many different toppings. vii. Vanilla is the most popular base flavor for Blizzards at dairy Queen (McBurty 56).viii. Vanilla is easily made into a milkshake as well as eaten plain, which is not the case with a flavor like cookie dough (dangerous when sucked through a straw) (McKay 73). f. Vanilla ice cream has significance in American culture. ix. Chef Julia Child has written, Vanilla ice cream is one food that bridges generations. I share it with my children and grandchildren individually summer (16). x. Classic American movies like Back to the Future and Anne of yard Gables have prominently featured vanilla ice cream (Ice Cream in the Movies par. 8). xi. American presidents have served vanilla ice cream at the White House for over 200 years (Clinton 8). xii. search has found that more Americans prefer vanilla ice cream than any other flavor (Gallup Poll par. 3).III. Conclusiong. Although chocolate is a close second, van illa reigns supreme. h. Nothing can beat vanilla ice creams simplicity, versatility, and cultural significance. i. In the future, others will attempt to beat it.j. subdue as they might, no manufacturer can come up with a way to top classic vanilla.