Task 1: Ethical Situations In Business

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Ethical Situations in Business Task 1 Erica Young Western Governors University Ethical Situations in Business Many companies are now looking into their business practices and how it benefits society. Corporate responsibility continues to be impacted as consumer awareness to global issues grows. For example, a small locally owned grocery store located in a metropolitan area just closed the doors to two stores located in high-crime-rated areas of the city due to no financial gains. The store just added a health conscious section for consumers that requested a need for it in the store, even though the cost and marginal is higher than most options in the store. With all of that going on the owner of the store was approached by a local food bank for one day old products that can be donated to them to help the community. The owner declined to help by citing that he feels by help he is opening a chance for loss of revenues due to employees not being honest. He thinks that his employees will just say that products are being donated when they are stealing. There are several …show more content…

He stated that he was worried that with donation he would be at risk for loss revenue due to employee stealing. With that statement he showed his employees that he didn’t trust them and was okay letting anyone know that. That leads to employees not having a connection with their work and not caring about their quality of work. The owner needs to create a shared value within the grocery store, employees need to feel invested. By creating a shared value his grocery store will be successful, he will have a better customer satisfaction overall. With these changes the grocery store will be possibly become more profitable and successful which will help the owner, employees and society as a whole thrive and

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