The cost of groceries in Canada has been a concern for many Canadians, particularly those on a fixed income or low wages. While many factors contribute to the rising cost of groceries, the question of who to blame is complex. Historically, within the business, we tend to hear more about organizations' bottom line than their focus on being a "good corporate citizen." While emphasis has shifted, and there's an expectation for organizations to become more involved in the communities that they serve, where is the line drawn?

Learning Outcomes

Describe the integration of business and society with a focus on ethics

Assess the dynamic nature of stakeholder influence and apply stakeholder management-focused approaches for collaboration

Learning Objectives

Understand critical stakeholders and level of influence in using a stakeholder matrix map

Use the concept of social responsibility in deciding degrees of moral obligations

Directions

1. Read the article entitled Why is your grocery bill so high? Canadians blame gouging, survey finds.
2. Watch the video How much profit is too much profit?
3. It is strongly suggested that you use additional external resources (outside the text) to ensure context and consilience. (To create consilience, we must look at issues from multiple lenses and not only focus on one article and one perspective. Please ensure all resources are cited and referenced appropriately.
4. Please ensure you format and cite via APA 7th edition.
5. Please submit your work using Microsoft Word to the Dropbox titled: Learning Assessment 1: CSR and the Cost of Groceries in Canada. (Max word count, 750 words, not including your title page, stakeholder matrix map and references).
6. In using insight collected in Chapter 4, Stakeholder and Issue Analysis, craft a stakeholder matrix and respond to the questions below:

Directive and Questions

• Construct a stakeholder matrix map of Loblaws stakeholders by their influence according to their position on the issue and degree of importance.
• Is it socially responsible for Loblaws to continue increasing prices and claiming bonuses during times of inflation? Why or why not?
• Should the Federal Government take any action in this situation? Why or why not?
• Are Canadian grocers being responsible? Why or why not?
• Should there be a focus on increased collaboration between grocers and consumers? If so, how? If not, why not?