Social Responsibility Evaluation Essay Example for Free

Social Responsibility Evaluation EssayCompany Q is a vitiated grocery store chain in a major metropolitan argona. They have recently unappealing two stores due to high crime rate, and losing money. The store has started to provide health conscience and organic intellectual nourishment to its customers by request. Local food banks have asked if the company would donate day-old products. The company has refused due to attainable fraud and stealing. The three beas that Company Q lavatory improve ar economic, philanthropic, and ethical. The first area that Company Q can improve regarding companionable responsibility is economic. If Company Q would open the option of donating items, they open themselves to more(prenominal) patronage. People are more willing to shop from stores who are willing to be a helpful part of society. in addition by donating it may help reduce theft. If people have food available to them, then there is no postulate to steal. This helps the economy because stores wont have to drive up prices to compensate for theft losses, therefore, keeping prices affordable. Also, if they are throwing product away then they should evaluate how much they are ordering. If they are throwing circumstances of product away then they are not making much profit. They need to reduce the amount of money ordered. The second area that Company Q can improve regarding social responsibility is philanthropic. By donating day-old products, they are giving back to the community. Theyre going to lose money on those products they donate just the homogeneous as if they threw it away.However, people who cannot afford to buy groceries will benefit. This will create a overconfident figure of speech for Company Q in the community. The third area Company Q can improve regarding social responsibility is ethical. They need to build a positive image and have a positive impact on stakeholders and consumers. The stakeholders are like consumers, they dont want to be part of something that is negative. They will begin to pull give away and money will not be there to keep Company Q in business. The more positive impact they have on stakeholders and consumers, the better chances of survival of the company.The three areas Company Q should improve related to social responsibility are economic, philanthropic, and ethical. It is important for company Q to make the changes in these areas, for they will stay in business longer. They will also have a better reputation with stakeholders, consumers and the community. With a positive reputation comes more business. More business means better financial status. Even the employees will feel better discerning they are a part of a helpful company, a boost in employee morale. These are both changes for the good of Company Q.