Essay on Company Q Evaluation
According to College of Business of Guidelines
Western Governors University
This is paper is evaluation of Company Q’s current attitude towards social responsibility. Three detailed recommended actions are given that can improve Company Q’s action toward social responsibility.
According to the International Organization for Standardization, “Business and organizations do not operate in a vacuum. Their relationship to the society and environment in which they operate is a critical factor in their ability to continue to operate effectively.” (Online Browsing Platform (OBP), 2014)
Closing stores in a higher crime rate areas is only counter-productive for the company and the community it …show more content…
Create a “goodwill” committee. This committee’s sole responsibility should be work to with communities that Company Q serves. This should go a step further than just donating to the area’s food bank. The committee should create fundraisers and outreach programs. Get the community involved. Donate back to school, churches, hospitals, and etc. Become sponsors of local events and create awareness. When a business’s respect within its community goes up losses due to thefts will naturally come down.
With these recommendations all stores with be back into profit mode. Company Q will be ready to expand to new emerging markets once the work culture changes. Company Q’s performance on social responsibility can influence its competitive advantage, reputation and ability to attract quality workers. Following the recommendations Company Q will maintain a positive view from investors,