Wednesday, May 6, 2020

Starbucks Ethical Behavior - 1546 Words

Business Ethical Behaviour of star bucks Over the last two decades social corporate responsibility has become an increasingly important factor in the business world. Corporate Social Responsibility is concerned with treating the stakeholders of a company or institution ethically or in a responsible manner. â€Å"Ethically or responsible means treating key stakeholders in a manner deemed acceptable according to international norms â€Å" Hopkins (2011).By social corporate responsibility we mean that businesses and organization that reflect their ethical , legal and social consequences on their management decisions. Business ethics are followed by all organization globally. While some of them are ethically acceptable by society , the other are†¦show more content†¦While making sure that they buy coffee fairly, it also ensures that ecology is maintained. It provides the farmers resources which reduces cost of production and offers them loans to get products at right price. In some countries they provide sponsors hip of schools and hospital which would otherwise be inaccessible to poor farmers. These services are the basic right which the farmers are entitled to. How do Starbucks treat their Employees? One of the most important stakeholders of star bucks are the employees. An organization cannot function by itself. The people who manage the businesses and ensure that the business runs smoothly are employees. Starbucks(n.d) â€Å"Starbucks Coffee Company is an Equal Employment Opportunity employer. All qualified applicants receive consideration for employment without regard to race, national origin, gender, age, religion, disability, sexual orientation, veteran status, or marital status†. It treats all its employees equally. Ethics of rights and justice approach shows that it provides equal rights to all employees and it also ensures justice through fair treatment. It is also the only company to provide healthcare benefits to both part-time and full-time employees. â€Å"USLEAP believes that Starbucks is far ahead of any other major U.S. coffee company in developing a plan to address conditions and basic rights of workers on plantations that supply Starbucks† Sta rbucks Initiative ( n.d). Utilitarian view of star bucksShow MoreRelatedEthics and Compliance Paper Fin/3701357 Words   |  6 PagesPaper FIN/370 Starbucks Coffee Company â€Å"To inspire and nurture the human spirit – one person, one cup and one neighborhood at a time (Starbucks,  2012).† Starbucks mission is to not only provide the highest quality of coffee but also make a positive impact on the world. Ethisphere Institute over the last six years has selected the World’s Most Ethical Companies and Starbucks has made the list every year. What are the key components that make Starbucks one of the most ethical companies in theRead MoreCorporate Social Responsibility1375 Words   |  6 Pagesï » ¿Running head:( STARBUCKS) Starbucks Aneez Mohammed Columbia Southern University Starbucks. 1.Starbucks has worked hard to act ethically and responsibly. Has it done a good job communicating it efforts to consumers? Do consumers believe Starbucks is a responsible company? Why or why not? Starbucks opened up in 1971 in Seattle as the first Italian company in United States to have a coffee house for customers. The idea was to have a setting of Italian elegance, a personal treatRead MoreStarbucks Standards of Ethics and Compliance1647 Words   |  7 PagesEthics and Compliance Starbucks is a large organization that upholds many standards when it comes to their financial environment. Upholding ethical standards within a business is important if a business wants to become successful and maintains their credibility, Starbucks does not just operate on one ethical standard but eight different ones. They are all different sources that are used for different reason within the company. Starbucks has two specific organization standards they go by that dealRead More Starbucks Business Ethics Case Analysis Essay examples1451 Words   |  6 PagesStarbucks Business Ethics Case Analysis INTRO Ethical issues in business are a common placed every day occurrence that will never cease to exist. We will discuss an ethical issue that involves a large American corporation and its practices when dealing with suppliers of produce that is essential but not solely used by this business. We will present several point of views backed by literary findings that suggest ethical practices may or may not be at hand. BODY Mr. DonaldRead MoreMarketing Analysis : Starbucks Corporation1256 Words   |  6 PagesStarbucks Corporation is a globally well-known America company, who has been successfully maintained its stable loyal customer basis around the world. The company was initially established in Seattle, Washington, providing quality premium coffees with a superior level of customer service. The goal for Starbucks coffee is to grow under the highest standards of quality, using ethical sourcing practices, being dedicated in serving the world’s finest coffee and creating best customer experiences. StarbucksRead MoreBusiness Ethics Has Been Difficult For Me Essay1486 Words   |  6 Pagesother students, that I might not otherwise think about. The Starbucks case was one of my favorite cases we read because, for one, I am an avid Starbucks drinker, but I also had no idea of the background. The company had several problems and I think it was smart to close the company’s doors and re-evaluate the company and its stores. Starbucks also supports local farmers and uses quality food products. I believe Starbucks is an ethical company. They do a lot to help their employees, as well as theirRead MoreStarbucks vs. Ethiopia (Csr Issue)1383 Words   |  6 PagesIssue Two: Starbucks vs. Ethiopia In March 2005, Ethiopia filed applications with the U.S. Patent and Trademark Office (USPTO) to trademark its coffee names, Harar, Sidamo, and Yirgacheffe, which are three coffee regions in the country. The Ethiopian government had hoped that by forcing coffee buyers into licensing agreements would lead to coffee farmers gaining more control over its coffee trade and earn a bigger slice of the pie by receiving a higher percentage of earnings from the retail priceRead MoreStarbucks as a Morally Responsible Company1420 Words   |  6 PagesStarbucks as a Morally Responsible Company: Starbucks Coffee Company is an American coffee firm that operates globally and headquartered in Seattle, Washington. Currently, Starbucks Coffee Company is the largest coffeehouse firm across the globe with over 20,000 chain stores in more than 60 countries. Generally, the company serves various brands of hot and cold beverages across its stores such as microground instant coffee, pastries, whole-bean coffee, and full-leaf teas. The success and productivityRead MoreFriendship1725 Words   |  7 Pagesprinciples? Describe how the company’s guiding principles would influence how a barista at a local Starbucks store does his or her  job. How these principle would influence how one of the company s top executives does his or her job. Answer:  Starbucks guiding principle clearly describes the mission and purpose of Starbucks existence. They describe that Starbucks is not just selling Coffee and  earning profit, Starbucks is all about providing people with a second place between their home and work where theyRead MoreEssay on Starbucks Visa Survey820 Words   |  4 Pagesï » ¿Read the case titled Starbucks, Bank One, and Visa Launch Starbucks Card Duetto Visa in the Resources and address the following components in your assignment: †¢ Answer discussion questions 2 and 4 at the end of the case. 2. Build the management-research question hierarchy for this project. Step 1: Management Dilemma Is there a brand fit between credit card and Starbucks? How does the customer value the different benefits being offered by the Starbucks Duetto Visa card? How does the customer

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