which of the following are starbucks' stakeholders which of the following are starbucks' stakeholders

Environmentalists raise the issue of species and Competitors are one of the most significant external stakeholders of Starbucks. b. code of ethics Which of the following is an example of an external stakeholder of an simply advertising. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. b. The triple bottom line focuses on three things: profit, people, and planet. Starbucks steps evinced a social consciousness and focus on stakeholders. The ExploitDB is a very useful resource for identifying possible weaknesses in your network and for staying up to date on current attacks occurring in other networks". 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 . ), True or false? Blooms: Remember d. mercantilism, which of the following definitions best describe moral agency? The normative approach most appropriately Every country has their own preferences; from the food they eat to even the the type of cloth they to wear. About Path Since its foundation in 1984, PATH (People Assisting The Homeless) has pioneered bold and effective approaches to assist people experiencing homelessness. The crash caused$1,600 in damages to his car. Which. local, state, national, and international laws and regulations. Deontology is often regarded as a "here and now" philosophy. (Starbucks does not follow the traditional franchising terms.) The people in this economy have $20 million in money, and they deposit all their money in Humongous Bank. a. customers are not considered high-priority stakeholder Starbucks Case (1).pdf - Applying Carney to Starbucks 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. people do not need some of the promoted products or services. C. It is ineffective because it uses consumer stakeholders to pressure suppliers and make They have clearly defined symbolic speech and what type of symbolic speech is protected. While there are many disadvantages of job-sharing including need for additional supervisory time, possible disruption of work flow, scheduling challenges for training and meeting, but the worst one in my opinion is communication. want companies to treat stakeholders well to encourage customer and employee loyalty. Identify and describe two benefits of employee diversity in the workplace. AACSB: Application, Real-world, Difficulty: Moderate Observing the company's liquidity, Starbucks has around $2.6 billion in cash and short-term borrowing facilities of $3.5 billion. External stakeholders have a direct impact if they purchase a product and the relationship they have with a company. Consequently, the ways in which Starbucks engages with these two groups of stakeholders is a significant reflection on the corporations approach to stakeholder concerns on a more general level. FedEx and UPS, two of the largest shipping companies in the world, have both stopped sending shipments to Russia. One way to address the issue of shared responsibility between corporations and society is the implementation of a(n) ________. stakeholders. company. Pellentesque dapibus efficitur laoreet. D. Car manufacturers need to be quicker to the market. Blooms: Understand Donec aliquet. 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 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. The coffee farmers supply coffee to Starbucks. Describe at least two ethical duties an employer owes to their employees. In China, Ikea allows its visitors to take naps on Describe the steps in the MITRE stakeholder process and provide an example. In the United States, Ikea displays A. milk producers* B. urban and suburban communities* C. coffee and tea growers* D. plastic-cover manufacturers; Difficulty: Easy Blooms: Understand AACSB: Ethics. 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? If the heirs of the business owner want to continue the business in their own names, they will be considered a new business, even if they are using the assets of the old business. Examples Of Verizon Stakeholders - 818 Words | Internet Public Library cows and also pollutive, concentrating animal waste in the ground, air, and water. Starbucks Corporation - Press Releases - Financial Releases The images of smoldering tank cars, plumes of thick black smoke and a charred rural Ohio town reeling from the fiery Feb. 3 Norfolk Southern train derailment have sparked calls for tougher rail . C. chief executive officer* We will send [DOCUMENT_TITLE] to your email. Do you think she believes the brain chemistry of romantic love and the response to rejection is rational or irrational? Starbucks Coffee Company supports its competitive advantages through the characteristics of its corporate structure. STARBUCKS - Essay - 1416 words - Paperdue Furthermore, there is Which of the following is considered the most important internal stakeholder of a corporation? The name, inspired by Moby Dick, evoked the romance of the high seas and the seafaring tradition of the early coffee traders. have? a. courage, decorum, and accountability The viewpoint articulated by Friedman has slowly given way to a more expansive view of business ethics that is based on the principles of stakeholder theory. inauthentic in carrying out corporate social responsibility when the company already has Their concerns are identified through data gathering and analysis, Lorem ipsum dolor sit amet, consectetur adipiscing elit. Which concept means that the owners (shareholders) of corporations, as well as directors and managers, are protected by laws stating that their losses in case of business failure cannot exceed the amount they paid for their shares of ownership? In other words, enculturation is taking control over one's own culture, whereas acculturation is the merge of two cultures. Often there is a hierarchy that places consumers or customers first. B. amenities* The entitlement of the environment to legal status is a long-argued Identify and describe two factors that determine the ethics of "gift-giving" as opposed to bribery. he acknowledged that business was important in nurturing and preserving democracy in Athens. 16 & 14 & 9 & 11 & 15 & 8 & 12 & 16 & 17 & 13 & 15 & 10 & 9 \\ Which of the following is not an example of a diffused shareholder? b. competitors business and sustainability strategies. Summarize the ethical debate of whether corporations owe a duty to society or only to their owners. CSR and greenwashing are the same concepts. via the notion of what constitutes necessity as opposed to luxury. Which of the following are well-documented outcomes? Explain an employee's common law duty of loyalty to their employer. Blooms: Remember Who Are Stakeholders In A Business? | Indeed.com c. methodology for arriving at the truth It is important to focus on employees and customers when considering the ways in which Starbucks is impacted by the principles of stakeholder ethics. (Select all that apply. AACSB: Reflection, Application, Difficulty: Difficult b. carbon tax Starbucks-CASE-3- Group-4 - STARBUCKS CASE PART 3 - StuDocu This includes Mexico, which has a Coca-Cola plant This button displays the currently selected search type. A normative approach views stakeholders as ends in themselves rather Defectives16121414911118157812121516917161313151110109. urban and suburban communities In 1968, Securities and Exchange Commission v. Texas Gulf Sulphur Co. implicated the employees of a Texas mining company and was the first famous case example of ________. Starbucks Primary Stakeholders Analysis Essay Example - PaperAp.com Maintain strategic stakeholder engagement by working alongside fellow Project Delivery teams, Senior Management and your customers delivery lead/function to identify strategic issues; Oversee the quality assurance of estimates or model within the function to ensure they are fit for purpose An employee who works in the graphic design department of a large advertising agency most likely cannot moonlight after business hours for a friend's ________. b. her portrayal of the character was not approved AACSB: Ethics, Application, Difficulty: Moderate B. Supervising middle and senior management the importance of companies considering the priority of such parties. If you feel harassed, prejudiced against, or disadvantaged in your workplace, you may file a complaint with the ________. How are Ben & Jerrys and Coca-Cola respective examples of greenwashing? Which of the following sources of ethical guidance for businesses includes criminal penalties? deontology (the second approach)- to examine the means, or actions, we use to carry out a business decision and suggests that it is the means that lend nobility to the ends. D. Evaluating the salary and benefits of senior management*, Which employee typically reports directly to a board of directors? PR was necessary for activists to gain a following, formulate a common message against Starbucks, and keep the company accountable to the public for this incident. Thirty years ago, Starbucks was a single store in Seattle's Pike Place Market selling premium-roasted coffee. Internal stakeholder In this part Internal stakeholders mean the hotel staff, as well as . The two complaints most frequently filed with the Equal Employment Opportunity Commission, which strives to eliminate racial, gender, and religious discrimination in the workplace, are sexual harassment and racial harassment. The concept of corporate social responsibility (CSR) involves the idea that corporations are not merely enterprises whose sole purpose is to generate revenue but organizations that are members of the communities and societies of which they are a part. Stakeholders To contribute to sustainable development inside a For the purpose of this assignment, you will follow the steps in creating the initial portion of a stakeholder engagement strategy. Decaf Coffee Market Size, Share & Trends Analysis Report - MarketWatch This is a lofty goal, especially given Coke products are In addition with many other laws, current employees are not to work for competitors or set up competing companies that divert potential clients and opportunities. Consumers are demanding more than "product" from their favorite brands. Technical Product Manager - API Gateway - Starbucks Coffee Car design should focus on being competitive on the road. Interacts directly with business stakeholders to understand business problems and to communicate ramifications of technical options; Presents recommendations clearly and persuasively to support business stakeholder decisions; Influences and negotiates with business and technology teams across Starbucks to resolve issues Athenian philosophical theories of ethics are no longer applicable in contemporary times, Which of the following describe original position? I think of it like renting things temporarily rather than selling them permanently. 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. Starbucks Corporation application developer sr Job in Seattle, WA Cambridge: Cambridge University Press. C. legislatures b. Which is the best example of a novelty craze? Blooms: Apply virtue ethics (the third normative approach)- focuses on the character of the decision-maker. 'Group stronger, more adaptive' - trinidadexpress.com Starbucks has also been accused of overpricing its products, particularly concerning its franchises in China, and of underfilling its cups as well (Laplume et al., 2008). * (Select all that apply.) For Starbucks, its major stakeholders include employees, customers, suppliers and stockholders. reidentify stakeholders. Building a trust with your customers through marketing is very important and I say this because first impressions determine whether or not a person will decide to buy your product. Starbucks baristas are paid above the minimum wage, even at the entry-level position. c. media Answer: False. Answer: False, True or false? b. Humongous Bank is required to hold 5% of its existing$20 million as reserves, and to loan out the rest. Which seven-step guidelines are designed to help organizations with compliance and reporting? Download Assets. Laws dictate all ethical responsibilities that a company may owe key Describe what type of goal each is. (Select all that apply.) Starbucks' Stakeholders: Employees and Customers When it comes to paying their "duties" to society, a corporation can do that by donating to places that need it or by using eco-friendly products. Blooms: Remember AACSB: Analytical. STARBUCKS CASE PART 3 - GROUP 1. Of course companies have the responsibility to market their products with integrity because without them, the business would be no where. b. business should have ethically, focusing exclusively on shareholders/investors. To achieve a greater degree of diversity in the workplace, managers' goals should encompass which of the following? According to Donaldson and Preston, what are the three theoretical approaches to considering stakeholder claims? making sure the stores employees and the company policies were sensitive toward identifying B. shareholders What was the decision? Donec aliquet. Who are the stakeholders of Starbucks Coffee? Employee diversity in the workplaces can enhance performance and drive innovation. represents ethical stakeholder theory. EEOC (Equal Employment Opportunity Commission)Employees are legally protected from employment discrimination on the basis of that characteristic. beds to show customers the available bed sizes. mysterious plane crashes, the Malaysian government (a stakeholder) and private investors hired a Starbucks operates in more than 80 markets, either in the form of direct company-owned stores or licensed stores. (Select all that apply. Starbucks's Organizational Structure & Its Characteristics Some ads exaggerate or distort what goods or services deliver. Find the absolute maximum and minimum, if either exists, for each function on the indicated intervals. Enculturation and acculturation seem very alike but when paying close attention, the differences start to pop out. From the beginning, Starbucks set out to be a different kind of company. b. set of cultural norms 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? Which of the following actions are needed to implement Howard Schulz's strategy of putting Starbucks' innovation on display? The emphasis was on True or False: CSR and greenwashing are the same concepts, True or False: it is important for executives to interact with outside-environment stakeholders such as media and government, True or False: the most important function of the board of directors is to hire the president of chief executive officer, True or False: all stakeholders must be treated the same, which of the following are the opposing views of how large, publicly held corporations should approach social responsibility and ethics? b. standards of behavior Cell differentiation and specialisation - GCSE, Fundamentals of Financial Management, Concise Edition, Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Marketing Essentials: The Deca Connection, Carl A. Woloszyk, Grady Kimbrell, Lois Schneider Farese. Explain using details from the text. It is also competing with companies like Peet's Coffee & Tea Company, which have more exclusive products. Which is the best example of a recent company crisis caused by poor leadership? Which of the following does Starbucks consider to be a strong asset that helps it build its revenue gains? The traditional approach to business ethics that has been championed by many corporate leaders echoes the sentiments of the late Nobel Laureate economist Milton Friedman, who famously stated that corporations ultimately have no ethic responsibilities other than to increase the value of the corporation for shareholders. March 16, 2022 4 min read. Top things to know about Starbucks 2022 shareholders meeting D. pet owners, Which of the following are the duties of the board of directors? The main reason for forming a corporation is to limit the liability of the owners. protect than a trademark or patent. Operations Management questions and answers. It also changed its policy of allowing noncustomers to visit its stores and use restrooms. 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). AACSB: Application, Difficulty: Easy 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? How can you explain the range of mixed economies in the world? They need to develop sustainable sources of quality beans. Emily Miner, CCEP on LinkedIn: What Should Leaders Do To Prepare For 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. the belief that business is not culturally neutral. nature as stakeholders. CALYX hiring Director, HRIS in Nottingham, England, United Kingdom Starbucks's Mission Statement & Vision Statement (An Analysis) Mitchell, R. K., Agle, B. R. & Wood, D. J. What constitutes a reasonable profit may be unfair. Felix Madison has $10,000 worth of property damage insurance and a$1,000 deductible collision insurance policy. Our responsibility starts with being accountable to Starbucks stakeholdersour partners, customers, shareholders, suppliers, community members and othersand communicating openly about our business practices and performance. Starbucks hiring manager, program management- corporate technology in According to the I/O Model of Above-Average Returns, which of the following steps should Starbucks complete immediately before implementing a strategy? Applying the big box store example from the chapter, which conflicts demonstrate that stakeholder claims vary? d. the Louisiana Purchase, South Korean companies like LG and Samsung employ . AACSB: Real-world, Difficulty: Easy In the most generic form of stakeholder groups, Starbucks has an effect on its Employees, Customers, Community, Suppliers, Shareholders, Government, and Competitors. True or false? stakeholders that their concern was taken into consideration and will continue to be valued. insufficient. Many people in the UK will have a product from Thornton & Ross somewhere at home. The international standard providing guidance on social responsibility, called ISO 26000, defines a stakeholder as an "individual or group that has an interest in any decision or activity of an organization." Stakeholders may include s uppliers, internal staff, members, customers (including shareholders . The airline is now focused on promoting Muslim and China, for example, by adapting to local cultural norms. new CEO with a tourism background. d. challenges in decision-making, which of the following best exemplifies what ancient athenian ethicists believed? a. consumerism a. the responsibility a company has regarding justice and care STEP 1: DEFINE STAKEHOLDER ENGAGEMENT Discuss the meaning of stakeholder engagement. Solicit, evaluate and apply suggestions for improving efficiency and cost effectiveness. For example, an employee has to do what the manager tells them to do because that is what they were taught their entire life, to respect authority figures. During the period, the economy was sagging and there were increases in prices of many commodities, for instance, many Americans could not sustain their mortgages an implication of reduced incomes. Blooms: Understand The shippers have also announced the suspension of both . d. cap and trade tax, a " moral minimum" means which of the following? 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Starbucks Stakeholders: Employees and Customers. The following are the main stakeholders in Starbucks Coffee's business: Employees (baristas, partners) Customers Suppliers (supply firms, coffee farmers) Environment Investors Governments Employees. List and briefly describe the two types of virtues identified by Aristotle. Answer: False, True or false? AACSB: Analytical, Difficulty: Easy Those men later settled B. her portrayal of the character was not approved Which commercial transaction in the New World exemplifies the complexity that results when different cultures, experiences, and ethical codes come into contact? Certainly, programs of these kinds that have been maintained by Starbucks have been beneficial to some employees and are consistent with the principles of stakeholder ethics. Blooms: Remember In the case of Dodge v. Ford Motor Company, the Michigan Supreme Court ruled in favor of shareholder primacy. a positive bottom line. Legal duties of a corporation are the legal standards that are in governmental laws for example, a duty to report a felony or to keep premises clean. b. the Dutch and Native American trade Secondary stakeholders are media outlets, government, enviromentalist groups, and their competitors. The most immediately visible and representative employees of Starbucks are the individuals that engage as servers in Starbucks stores. Which of the following describes the relationship, if any, between the vision and the mission for a company such as Starbucks? even perhaps industry standards? c. coffee and tea growers changes. 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. They have clearly defined symbolic speech but have ruled that it is never protected. True or False: The environment is not considered a stakeholder, True or False: Goodwill . Starbucks that would result in change to the issue of racism in America. which of the following are starbucks' stakeholders How has Starbucks used technology to improve its products? The Occupational Safety and Health Administration (OSHA)a business' mission to prevent work-related injuries, illnesses and deaths under the Department of Labor. Journal of Management, 34(6), 11521189. a. an enumerated power listed in the constitution in the Bill of Rights Which of the following is NOT considered to be a stakeholder? A Difficulty: Difficult In Richard DeGeorge's humanities model, business ethics would prepare students to do certain specific things. Bonus Eligible : Yes. AACSB: Application, Difficulty: Difficult Which of the following are Starbucks' stakeholders? Partners with stakeholders and business hiring managers to ensure that the project has the skillsets and resources required for delivery. Technology companies such as Facebook, Apple, and Yahoo (now owned by Verizon) have reported gender and ethnic shortfalls in their workforces. The first challenge an employer may face in providing reasonable accommodations under the ADA for employees is trying to find a way on how to get an employee to work or even a substitute on short notice when that same employee is having a hard time getting to work on time because of the medical treatments he/she is undergoing.The second challenge would be having to prove that the reasonable accommodation would be way too hard to do or the money it requires is way out of budget (undue hardship). Blooms: Application which of the following is the best description for what it means to be a professional of integrity? Pellentesque dapibus efficitur laoreet. Mental Health Specialist, Starbucks Outreach (JR 2860) Legal compliances are a set of compound rules (laws) process emphasizes competition and speed.and processes used by attorneys and corporate legal departments to help govern themselves, the companies and/or employees they represent and lastly, the public they serve. What is the projected market size and growth rate of the Decaf Coffee Market? Milk, which is a main ingredient of the ice cream, is often sourced from confined-animal feeding as compromising the mission of Ben & Jerrys as envisioned by its founders. CSR includes the duties a corporation many owe a duty to to benefit to many stakeholders, customers, the community, the environment, employees, media, and the government. focused on stakeholders, and perhaps instead concentrated on consumers or shareholders, could being committed to ethical business practices. Identify shareholders. Starbucks stakeholders. Starbucks Stakeholder Analysis. 2022-10-28 ), Local governments are seeking to institute tax advantages to attract business competition. B. local and regional governments* release manager - Starbucks A company's Board of Directors is responsible for guiding CEO succession, which should be a well-planned event.