which of the following are starbucks' stakeholdersvictorian square dim sum sparks nv
c. ethics is the guiding principle for dealing with others B. her portrayal of the character was not approved Starbucks competes with many other coffeehouses, including Dunkin' Donuts, McDonald's, and Caribou Coffee. In the Supreme Court ruling Citizens United v. Federal Election Commission, which Amendment was at the center of the case? being committed to ethical business practices. AACSB: Ethics, Application. Difficulty: Difficult Identify shareholders. Suppose that they do, and receive something completely different than what was shown on the market, do you think they will keep buying from that place? a. leads people to treat others as a means to an end companies. Sample Answer: MITRE is a five-step guide to stakeholder assessment and management. Consequently, the argument is made that corporations should aspire to be good corporate citizens that demonstrate care for the full range of stakeholders that are impacted by their activities. (Select all that apply. We are, therefore, Starbucks is opening small cafes half the size of existing cafes. Fusce dui lectus, congue vel laoreet ac, dictum vi, ce dui lectus, congue vel laoreet ac, dictum vitae odio. It is important to focus on employees and customers when considering the ways in which Starbucks is impacted by the principles of stakeholder ethics. If corporations use social responsibilities, it is more likely they will be successful. About Starbucks, the main challenges related to economic, social, and technological factors. Corporations, directors and managers are all protected by laws saying that in most circumstances, their losses in case of business failure cannot exceed the amount they paid for their shares of ownership. D. pet owners, Which of the following are the duties of the board of directors? Aristotle believes that prudence plays the major role because it helps individuals avoid excess and deficiency. They need to develop sustainable sources of quality beans. Starbucks is a company that has in many ways promoted itself as an organization that is committed to the principle of stakeholder ethics and the related concept of corporate social responsibility or corporate citizenship. Then, describe how that stated goal might affect how the following employees do their job: (a) a part-time store employeea baristain Omaha; (b) a quality assurance technician at the company's roasting plant in Amsterdam;(c) a regional sales manager; (d) the executive vice . a. he viewed those outside economic and political circles as virtuous This is viewed b. ethics is about what someone does There are dedicated sites Also, a bribery is very unethical and can look bad for the business. Unless key leaders have a vision for the organization and themselves, and a path to achieving it, there can be no balance of beliefs about profitability and responsibility, or integration of business with culture. It is not necessary to conduct extensive market research. Answer: False. Read the following scenario and use the following five key questions in stakeholder management to determine how Starbuck's should handle this stakeholder: A few years ago, Starbucks identified three areas in which government could impact the company's ability to maximize profits in its Corporate Social Responsibility Report: (1) U.S. Tax . Ability to create, manage and deliver Workday reports and Dashboards for different stakeholder groups; Experience of managing and support of Operational changes such as re-organisations, identifying impacts on Workday; Experienced with internal and external audits, able to demonstrate a positive improvement approach Decaf Coffee Market Size is projected to Reach Multimillion USD by 2028, In comparison to 2023, at unexpected CAGR . Which of the following is considered the most important internal stakeholder of a corporation? Many people in the UK will have a product from Thornton & Ross somewhere at home. Which seven-step guidelines are designed to help organizations with compliance and reporting? Explain how Ikea has had to adapt its business model in different countries. Also, Starbucks faced the challenge of technology. Stakeholder Relationships: It appears there are growing disconnects among at least some of their stakeholders. A company must identify and In several sentences, describe one ethical issue related to the "access economy". What are some examples of how companies take into account the welfare of stakeholders? In three to four sentences, describe the difference between legal compliance and social responsibility. For that law, companies are. AACSB: Real-world, Difficulty: Moderate true or false: culture and ethics cannot be separated, because ethical norms have been established over time by and make sense to, people who share the same background, language, and customs. including surveys or social media, for example. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. The normative approach most appropriately long-term dialogue to inform the companys decision making and as a core component of its A. Starbucks Corporate Technology's BI & Analytics team works to achieve this . stresses that a company must sustain trust with stakeholders. welfare. There are also organizations. a. business should behave ethically, focusing only on environmentalism b. competitors According to the I/O Model of Above-Average Returns, which of the following steps should Starbucks complete immediately before implementing a strategy? Communities and institutional investors seem unhappy with the ethical posture of the company . . How can you explain the range of mixed economies in the world? They can affect how successful Starbucks is by doing their job and providing inputs into decisions that go into creating products and services that customers want. B. amenities* beds to show customers the available bed sizes. a. community Consumers support big box stores that offer quality goods and reasonable prices, Which of the following are Starbucks' stakeholders? The main difference between a bribe and a gift is intent. ), religious beliefs Download Assets. Observing the company's liquidity, Starbucks has around $2.6 billion in cash and short-term borrowing facilities of $3.5 billion. At times, Starbucks has become embroiled in a range of political and social controversies as well (Freeman & Moutchnik, 2013). social media, they are apt to speak up about their customer experience. Which of the following are factors included when applying a legal definition of diversity? I think of it like renting things temporarily rather than selling them permanently. a. promising to earn less profit per share people do not need some of the promoted products or services. b. globalization c. media A trade secret is a form of intellectual property protection and is easier to What is a measure that accounts for an organization's results in terms of its effects on profits, planet, and people? Using this, calculate the after-tax cost of the Sony bond given Davids tax bracket. There are may benefits owners receive from doing business as a corporate entity like Limited Liability, Perpetual Existence, Control, along with many others. Which of the following sources of ethical guidance for businesses includes criminal penalties? (Select all that apply.). Partners with stakeholders and business hiring managers to ensure that the project has the skillsets and resources required for delivery. Starbucks confirmed the results of the vote to CNN Business. Business ethics exists on which of the following three levels? Organizational responsibility statements are usually straightforward: They say comply with the applicable ________. The coffee farmers supply coffee to Starbucks. and China, for example, by adapting to local cultural norms. Academy of Management Review, 22(4), 853886. d. cap and trade tax, a " moral minimum" means which of the following? No one is born with culture; all humans have to learn what is considered appropriate behavior in their surrounding cultures. Which legislation was passed in 2002 that mandates reporting transparency by businesses in areas ranging from finance to accounting to supply chain activities? reidentify stakeholders. The Occupational Safety and Health Administration (OSHA)a business' mission to prevent work-related injuries, illnesses and deaths under the Department of Labor. Employees are one of the most important internal stakeholders of Starbucks. D. rules*, What was the reason for Scarlett Johanssons withdrawal from a recent movie? (promenades; tarries). AACSB: Analytical. making sure the stores employees and the company policies were sensitive toward identifying Describe what type of goal each is. f(x)=x48x2+16, (A)[1,3](B)[0,2](C)[3,4](A)\ [-1,3]\qquad (B)\ [0,2]\qquad (C)\ [-3,4] d. guidelines designed to help organizations with compliance and reporting, the freedom and ability to make choices based on one's perception of right and wrong, Byron Almen, Dorothy Payne, Stefan Kostka, The Language of Composition: Reading, Writing, Rhetoric, Lawrence Scanlon, Renee H. Shea, Robin Dissin Aufses. d. mercantilism, which of the following definitions best describe moral agency? pilgrimages in response to passenger stakeholder interests in making such trips. AACSB: Application, Ethics, Difficulty: Moderate Consumers are demanding more than "product" from their favorite brands. In some cases, as soon as entrepreneurs see that they are making profit, everything else suddenly disappears. A bribe is given with either an explicit or implied expectation of return that will benefit your business while a gift is given without any expectation of return and does not benefit your business. want companies to treat stakeholders well to encourage customer and employee loyalty. Having theoretical approaches to stakeholders highlights d. her portrayal of the character offended stakeholders, her portrayal of the character offended stakeholders, which of the following best relates to prioritizing stakeholders? d. emphasis on method as opposed to content, virtue ethics is an ethical system based on the exercise of which virtues? It is in a business's best interest to promote human flourishing within the organization by providing ________. Defectives16121414911118157812121516917161313151110109. Some prioritization is particular to Donec aliquet. One big issue access economy has is lack of regulations, especially when it comes to overseeing the products and services exchanged during the transaction. Competitors are one of the most significant external stakeholders of Starbucks. If those entrepreneurs have good morals, it will come natural and it will show. b. ethical principles that apply everywhere despite differences in time, geography and culture inauthentic in carrying out corporate social responsibility when the company already has which of the following is the best description for what it means to be a professional of integrity? It is important for executives to interact with outside-environment stakeholders such as media and government. a positive bottom line. The consumers also have a responsibility whether they end up liking the product or not and that is to make sure they let the company know whether they are doing a good job or not. OSX Ethics TB Ch03 Defining And Prioritizing Stakeholders, Chapter 3: Defining and Prioritizing Stakeholders, Difficulty: Easy c. environmental tax 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. . (b) Analyze: Why do you think Juliet trusts the Friar? Accordin to Freeman (1984), stakeholders are anyone that can influence or be influenced by the company's actions. Which of the following describes the efficacy of legislation like the California Transparency in Supply Chains Act? In the most generic form of stakeholder groups, Starbucks has an effect on its Employees, Customers, Community, Suppliers, Shareholders, Government, and Competitors. Develop or acquire assets and skills needed to implement the strategy. P3-1. via the notion of what constitutes necessity as opposed to luxury. C. Gather and analyze appropriate data. d. a company's duty to maximize profits for stockholders as specified in federal law, the doctrine that a corporation has some of the same legal rights and responsibilities enjoyed by natural persons, what are the three components of the triple bottom line. 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. companies that intentionally keep hours at less than 29 to avoid more costly regulations like the ACA Your description is too short, please give your document a clear desc Comp exam 2 - Study guide for exam 2 for MGMT 333, Exam One Written Notes - Outline of Chapter 22 (Electric Charges and Forces), Chapter 23 (The Electric, A10 Communication- Persuasive Speech. Blooms: Understand Which of the following is changing the environment in which many of the world's industries compete? Financial Analysis of PUMA and Nike, Inc. Starbucks Stakeholders: Employees and Customers.
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