Nowadays, profit-oriented businesses should be considerate of all stakeholders, rather than simply concentrating on profit maximization. Corporate Social Responsibility is a cornerstone of modern businesses, and it cannot be ignored, so it is essential to complete all work according to relevant and accepted business ethics and within the scope of corporate responsibility. This week you will analyze a situation and comment on whether the business adheres to the Corporate Social Responsibility principles.ORE group has a manufacturing plant in Sparta, ON. Sparta, ON community, is highly dependent on the ORE group manufacturing plant since 50% of its residents are employed by the ORE group. ORE group has a good reputation in the community, and everybody buys their products in the community. Last year ORE group faced intense competition from foreign manufacturers, which affected the company's bottom line. At the shareholders, annual general meeting the board of directors was questioned, and dissatisfied shareholders raised their concerns about the profitability issue. The board of directors agreed to take proactive steps in order to increase profits and improve its financial position. Shortly after the annual general meeting, the company started shedding local assets and moving manufacturing operations abroad. The company also closed its manufacturing facilities in