which of the following are starbucks' stakeholders

In the most generic form of stakeholder groups, Starbucks has an effect on its Employees, Customers, Community, Suppliers, Shareholders, Government, and Competitors. Customers still enjoy the product and yet competition is growing. A. d. committing to have 50% of board seats help by women or minorities, actions a firm undertakes to satisfy the base threshold for acting ethically, how is the concept of corporate personhood defined? good for business and the right thing to do from an ethical standpoint. AACSB: Analytical. ), how to distribute resources fairly and evenly AACSB: Ethics, Application, Difficulty: Moderate Technology companies such as Facebook, Apple, and Yahoo (now owned by Verizon) have reported gender and ethnic shortfalls in their workforces. a. customers are not considered high-priority stakeholder marketplace, Starbucks has an opportunity to lead by example. Difficulty: Moderate All stakeholders must be treated the same. Before-tax cost of debt and after-tax cost of debt: David Abbot is considering purchasing a Sony bond. have? Starbucks was founded by Jerry Baldwin, Gordon Bowker, and Zev Siegl, opening its first store in 1971 near the historic Pike Place Market in Seattle. Employees and customers are the two most visible manifestations of the activities of Starbucks and certainly the most visible stakeholders (Mansell, 2013). c. Samsung assumed the risk of exposure and picked up the washers If Starbucks follows a strategy of competing in more than one business product, which of the following goals could it accomplish? 4 Consolidated net revenues increased 24% to $29.1 billion for the. AACSB: Application, Difficulty: Moderate Which of the following is the lesson learned from the Edsel story? In the United States, Ikea displays MANGMT 4970 EXAM 1 (QUIZ QUESTIONS & CONCEPTS), Allen Cognitive Levels (ACL) & Allen Diagnost, CompTia A+ 220-1001 Core 1 Certification Prac, John David Jackson, Patricia Meglich, Robert Mathis, Sean Valentine, Service Management: Operations, Strategy, and Information Technology, Information Technology Project Management: Providing Measurable Organizational Value. c. a business owner's protection against loss of personal assets Answer: False, True or false? D. plastic-cover manufacturers, Which are some types of stakeholder relationships that a local chamber of commerce would Describe Kant's "Deontology" view of ethics. pilgrimages in response to passenger stakeholder interests in making such trips. Some ads exaggerate or distort what goods or services deliver. We are, therefore, Many people in the UK will have a product from Thornton & Ross somewhere at home. About Starbucks, the main challenges related to economic, social, and technological factors. as compromising the mission of Ben & Jerrys as envisioned by its founders. Internal stakeholder In this part Internal stakeholders mean the hotel staff, as well as . True or false? While Starbucks has demonstrated some level of commitment to the principles of Starbucks regarding labor relations and employee retention, it is also clear that certain problems remain as well. Blooms: Apply a. pollution tax stakeholders that their concern was taken into consideration and will continue to be valued. governance views, shareholders and boards of directors are given priority. Establish trust. Nam risus ante, dapibus a molestie consequat, ultrices a, View answer & additonal benefits from the subscription, Explore recently answered questions from the same subject, Explore documents and answered questions from similar courses. stakeholder needs. Cross), Give Me Liberty! Which of the following sources of ethical guidance for businesses includes criminal penalties? This can be a consumer who is unable to express their discontent with a product or In three to four sentences, describe the difference between legal compliance and social responsibility. influence suppliers working conditions. CSR ensures that a company is engaging in sound ethical practices and policies in accordance with the company's culture and mission, above and beyond any mandatory legal standards. a. the barista at Starbucks b. the Starbucks district manager c. the President and CEO of Starbucks d. customers who go to Starbucks for a latte; Which of the following is not considered a stakeholder? Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. AACSB: Real-world, Difficulty: Easy including surveys or social media, for example. Most business organizations hold three different kinds of beliefs about themselves. In many ways, Starbucks is indeed a firm that maintains higher standards concerning the treatment of employees than many other firms in service-related retail industries (for example, fast food restaurant chains and superstores). What has unfolded at Starbucks is anything but. __ A program where students work on campus to earn money. a. honesty and integrity b. virtue ethics and utilitarianism c. loyalty to management d. respect for business diversity honesty and integrity True or False: The environment is not considered a stakeholder false The airline is now focused on promoting Muslim Sample Answer: Customers are articulate about their views of a company. generations, such as the case with pollution. be detrimental to a company. Some Starbucks stores have been accused of deliberately higher only part-time workers for limited numbers of hours for the purpose of avoiding the provision of healthcare and other benefits. (Select all that apply. Consult with business partners, managers or other key stakeholders. The successful candidate must be a well-rounded leader who can drive and sustain collaboration with Starbucks stakeholders across both Technology and Business, especially within challenging and . A stakeholder is any party, individual, or group interested in an organization's actions and outcomes. Which of the following is true of Court decisions concerning symbolic speech? Since the advent of This includes Mexico, which has a Coca-Cola plant via the notion of what constitutes necessity as opposed to luxury. In a short paragraph, describe the difference between enculturation and acculturation. B. amenities* These are standard stakeholders of almost every business that operates in the United States or overseas. ), True or false? Accordin to Freeman (1984), stakeholders are anyone that can influence or be influenced by the company's actions. Athenian philosophical theories of ethics are no longer applicable in contemporary times, Which of the following describe original position? Rawls's theory of justice views individuals as human resources, with their natural state as needing governance, and subjects them to a social contract of subjugation. C. her portrayal of the character offended shareholders People have argued that CSR initiatives based on environmental or social justice instead limit shareholder wealth and that the world's largest corporations executives consider the interests of a broader set of stakeholders, rather than only stockholders. Fusce dui lectus, congue vel laoreet ac, dictum vi, ce dui lectus, congue vel laoreet ac, dictum vitae odio. Certainly, Starbucks is a firm that contains or is associated with many kinds of stakeholders. Secondary stakeholders are media outlets, government, enviromentalist groups, and their competitors. 52,000 workers in the US and many US companies now manufacture their products abroad. Blooms: Understand Some prioritization is particular to Which. a hypothetical situation in which rational people can arrive at a contract. Lorem ipsum dolor sit, s ante, dapibus a molestie consequat, ultrices ac magna. b. set of cultural norms In several sentences, describe one ethical issue related to the "access economy". If you feel harassed, prejudiced against, or disadvantaged in your workplace, you may file a complaint with the ________. d. ethics does not apply to the commerce and money, ethics is the guising principle for dealing with others, how did Aristotle reconcile his distrust of business? 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In Richard DeGeorge's humanities model, business ethics would prepare students to do certain specific things. Phillips, R. (2003). Community members may view big box stores as a threat to small businesses' livelihood. Blooms: Application such as Yelp where customers share their good and bad experiences. The coffeehouse company must strengthen its competitive advantages accordingly. b. standards of behavior Which is the best example of a novelty craze? Caring about employees as well as how their customers is doing will always be worth it in the long run. D. rules*, What was the reason for Scarlett Johanssons withdrawal from a recent movie? Which are some types of stakeholder relationships that a local chamber of commerce would have? Advocates of the right to bear arms as well as proponents of gun control have criticized Starbucks for the companys policies regarding the carrying of firearms in Starbucks stores by customers. companies that intentionally keep hours at less than 29 to avoid more costly regulations like the ACA (review sheet 4), Leadership class , week 3 executive summary, I am doing my essay on the Ted Talk titaled How One Photo Captured a Humanitie Crisis https, School-Plan - School Plan of San Juan Integrated School, SEC-502-RS-Dispositions Self-Assessment Survey T3 (1), Techniques DE Separation ET Analyse EN Biochimi 1, Human Resource And Fiscal Mgmt (ADMS 640), Which of the following are Starbucks stakeholders? All companies must have a board of directors. As Starbucks, we can either choose to rise to this moment or stand idle. Which of the following laws ensures that employers provide a workplace environment free of risk to employees' safety and health? Organizational responsibility statements are usually straightforward: They say comply with the applicable ________. For example, some Starbucks employees have joined labor unions and become involved with lawsuits against the firm over such issues as back pay, withheld wages, wrongful termination, and union-busting activities that included retaliation against employees that were involved in union-related activities (Phillips, 2003). Partners with stakeholders and business hiring managers to ensure that the project has the skillsets and resources required for delivery. The d. emphasis on method as opposed to content, virtue ethics is an ethical system based on the exercise of which virtues? Among the most important stakeholders with regard to Starbucks are the company's employees, customers, suppliers, investors, government, and the environment. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Having theoretical approaches to stakeholders highlights Starbucks primary stakeholders are their employees, customers, shareholders, investors, suppliers, coffee farmers, local communities, and other business partners. A diverse workforce yields many positive outcomes for a company. b. Samsung's warned customers that the machines could tip over premise by lawyers and legal-aid groups. Today, with over 32,000 stores around the globe, the company is the premier roaster and retailer of specialty coffee in the world. Blooms: Understand c. utmost conduct Starbucks baristas are paid above the minimum wage, even at the entry-level position. Ben & Jerrys, an ice cream company known for its founders social Which of the following is an example of an external stakeholder of an organization? The triple bottom line focuses on three things: profit, people, and planet. Pellentesque dapibus efficitur laoreet. CSR and greenwashing are the same concepts. Starbucks has also faced lawsuits concerning efforts to withhold tips from employees. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. b. and avoiding bias. : an American History (Eric Foner), Psychology (David G. Myers; C. Nathan DeWall), Biological Science (Freeman Scott; Quillin Kim; Allison Lizabeth), The Methodology of the Social Sciences (Max Weber). (b) Analyze: Why do you think Juliet trusts the Friar? AACSB: Application, Real-world. A normative approach views stakeholders as ends in themselves rather In the case of Dodge v. Ford Motor Company, the Michigan Supreme Court ruled in favor of shareholder primacy. Stakeholder ethics involves a body of thought which insists that the ethical responsibilities of corporations extend not only to the shareholders but also to the full range of interests that are impacted by corporate activity.

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