Est1 Task 1

Submitted by: Submitted by

Views: 10

Words: 747

Pages: 3

Category: Business and Industry

Date Submitted: 02/06/2016 08:22 PM

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PART A

Company Q appears to have a conflict of interest related to profits verses social responsibilities involving the communities where services are provided. It appears the management of Company Q is attempting to function as a large organization instead of a small organization. Company Q is a small, local grocery store chain within various communities of a major metropolitan area. They are unable to compete with the pricing of products from larger organization and their efforts should be applied to maintaining a close, positive relationship with the communities they serve.

From the actions of Company Q listed in the scenario, they do not appear to be socially responsible or community oriented, which is the bases of survival and prosperity within a community oriented market. Company Q chose to close two of their stores in high crime areas due to loss of profits. There action leaves a lot of open questions. What was the reasons for the loss of profits? Was it shrinkage from internal theft of products? Was it a lack of costumers interested in their services? Were customers avoiding the store due to a fear of being robbed or possible being harmed? Was it a poor image within the community and the people avoided them? Was there an issue with a loss of funds from internal theft at the cash registers? To remove service from the community was an abandonment of social responsibilities to the people of that community.

Company Q was exhibiting some social responsibility by offering some of the product the communities requested. In defense of Company Q, it could have taken a prolonged time period to set up the contracts and accounts with distributers/wholesalers to deliver health conscience food products on the shelves. Company Q should have provided feedback to the community while onboarding the health-conscious and organic products. Since the products offer a high-margin profit, Company Q may consider reducing the price in the beginning to promote sales and...