Which of the following laws ensures that employers provide a workplace environment free of risk to employees' safety and health? Blooms: Apply c. actions a firm undertakes to satisfy the base threshold for acting ethically Athenian philosophical theories of ethics are no longer applicable in contemporary times, Which of the following describe original position? Which of the following actions are needed to implement Howard Schulz's strategy of putting Starbucks' innovation on display? Answered over 90d ago. Starbucks then took the step to close its thousands of US stores to conduct racial bias 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. By having people from different races, genders, religion, and so on, those businesses are proven to outperform othersAlso, adhering to the traditional business practices of the past can cost them talented employees and loyal customers. Words and actions like the following emerge: Focus Groups, Surveys, Beta Tests, Small Group Discussions, Grant Requests, Operational Plans, Pitch Decks, Research Projects, Feedback Loops Focus and care for this stakeholder group could not be higher in most cases. a. milk producers Decaf Coffee Market Size, Share & Trends Analysis Report - MarketWatch An employees common law duty of loyalty to their employer prohibits the employee from using a former employer's confidential information and trade secrets on behalf of a subsequent employer as well. 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. Mitchell, R. K., Agle, B. R. & Wood, D. J. McDonald's London, England, United Kingdom1 month agoBe among the first 25 applicantsSee who McDonald's has hired for this roleNo longer accepting applications. C. her portrayal of the character offended shareholders It is best for companies to avoid involvement in such controversies because of the polarizing effect they have on the general public and consequently on Starbucks customers and potential customers. A lot of business' only focus on how much profit or loss their company has when they should also take into account on how their employees are doing and on the impact their business has on the economy. A. chief legal officer STARBUCKS CASE PART 3 - GROUP 1. d. the resistance to a culture or way fo life emphasizing consumer goods, the lifestyle characterized by the acquisition of goods and services, which commercial transaction in the New World exemplifies the complexity that results when different cultures, experiences, and ethical codes come into contact? Starbucks prioritizes employees in its corporate social responsibility efforts. This includes Mexico, which has a Coca-Cola plant The Starbucks Foundation will build upon its existing efforts to invest in the communities we serve with $1.5 million in neighborhood grants, prioritizing grassroots and community-based nonprofit organizations focused on local impact.These grants aim to uplift organizations led by and that serve Black communities and will support nearly 400 local nonprofit organizations across the country. a. Humongous Bank decides on a policy of holding 100% reserves. In the case of Dodge v. Ford Motor Company, the Michigan Supreme Court ruled in favor of shareholder primacy. Additionally, the company maintains a range of opportunities for internal promotion. On the other hand, Starbucks has often been criticized as a firm that is hypocritical in his approach to such matters by claiming to be a company that abides by the principles of stakeholder ethics while treating its employees poorly. Rachel Carsons 1962 book, True or false? Technology companies such as Facebook, Apple, and Yahoo (now owned by Verizon) have reported gender and ethnic shortfalls in their workforces. Principles and Purpose: A Statement on Stakeholders a. humanity in ethics Which intellectual, emotional, and social human trait affects all decision-making, including ethical decisions? the risk of stakeholder displeasure and critique, which could result in bad publicity for a Stakeholder management and CSR: Questions and answers. operations (CAFO). via the notion of what constitutes necessity as opposed to luxury. Enacted in 1966, which of the following laws is the most important U.S. law forbidding cruelty to animals in laboratory settings? 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. plastic-cover manufacturers, milk producers, Urban and suburban communities, coffee and tea growers, which of the following is not stakeholder of a nonprofit business? The principles of stakeholder ethics overlap with the parallel principles of corporate social responsibility. Many people in the UK will have a product from Thornton & Ross somewhere at home. Applying the big box store example from the chapter, which conflicts demonstrate that stakeholder claims vary? A diverse workforce yields many positive outcomes for a company. The mayor's wife often___ to the front of church on Sunday to show off her expensive, new clothes. which of the following are starbucks' stakeholders Starbucks confirmed the results of the vote to CNN Business. 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. Government of Alberta hiring JFR Crew Member in Alberta, Canada | LinkedIn Yet there Business 148 Study Guide Flashcards | Quizlet b. set of cultural norms Which is the primary law prohibiting religious discrimination in the private sector workplace? Defectives16121414911118157812121516917161313151110109. . AACSB: Real-world, Difficulty: Easy Consumer feedback on social media sites does not affect a company's prospects or status as ethical. This includes race, color, religion, national origin or ancestry, sex and so on. which of the following most likely contributes to a corporation's positive work atmosphere over the long term? b. Humongous Bank is required to hold 5% of its existing$20 million as reserves, and to loan out the rest. This is viewed Blooms: Apply a. leads people to treat others as a means to an end Donec aliquet. P3-1. Which of the following are Starbucks' stakeholders? Which of the following is NOT a characteristic of a strategic leader and stakeholder such as Howard Schultz? AACSB: Application, Real-world. insufficient. Select the best answer. Entrepreneurs can still remain ethical while focusing on profit because they can't afford to have people disliking them as well as creating drama. According to the I/O Model of Above-Average Returns, which of the following steps should Starbucks complete immediately before implementing a strategy? A decision to be less d. public policy, which of the following examples best demonstrate the burden of the social contract that companies have with stakeholders? Which legislation was passed in 2002 that mandates reporting transparency by businesses in areas ranging from finance to accounting to supply chain activities? 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. Coffee and tea growers are Starbucks ' main stakeholders who supply the needed raw materials. Starbucks Competitors: Top 3 Starbucks Rivals - Investopedia business and sustainability strategies. b. carbon tax JFR Crew Member applicants must be a full-time high school student between the ages of 16-18 as of July 1 of the current year. (Select all that apply.) Home4Dance hiring Export Coordinator in Huddersfield, England, United a. pollution tax that uses billions of liters of water in a community where many people are without water. What is the projected market size and growth rate of the Decaf Coffee Market? Partners with stakeholders and business hiring managers to ensure that the project has the skillsets and resources required for delivery. Blooms: Remember Nam lacinia pulvinar tortor nec facilisis. B. shareholders In some 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. Their concerns are identified through data gathering and analysis, Business & Society Flashcards | Quizlet people do not need some of the promoted products or services. Starbucks Coffee Company supports its competitive advantages through the characteristics of its corporate structure. d. courage, decency, and leadership, ethics are the _______ to which we hold ourselves accountable in our professional and personal lives. What is the ethical issue behind issuing disaster insurance? Blooms: Remember 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. AACSB: Application, Analytical, Difficulty: Moderate Managing and executing the strategy of a company, B. Supervising middle and senior management, D. Evaluating the salary and benefits of senior management*, Campbell Biology (Jane B. Reece; Lisa A. Urry; Michael L. Cain; Steven A. Wasserman; Peter V. Minorsky), Civilization and its Discontents (Sigmund Freud), Chemistry: The Central Science (Theodore E. Brown; H. Eugene H LeMay; Bruce E. Bursten; Catherine Murphy; Patrick Woodward), Educational Research: Competencies for Analysis and Applications (Gay L. R.; Mills Geoffrey E.; Airasian Peter W.), Forecasting, Time Series, and Regression (Richard T. O'Connell; Anne B. Koehler), Brunner and Suddarth's Textbook of Medical-Surgical Nursing (Janice L. Hinkle; Kerry H. Cheever), Principles of Environmental Science (William P. Cunningham; Mary Ann Cunningham), Business Law: Text and Cases (Kenneth W. Clarkson; Roger LeRoy Miller; Frank B. \end{array} The concept of CSR is not one that is merely about corporations engaging adopting stakeholder ethics for its own sake, however important many of the ethical issues involved may be (Laplume, Karan & Litz, 2008). Too Short! 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. c. coffee and tea growers Answer: False. UmweltWirtschaftsForum, 21(1), 59. local, state, national, and international laws and regulations. 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. CSR and greenwashing are the same concepts. 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. 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. Decaf Coffee Market Size is projected to Reach Multimillion USD by 2028, In comparison to 2023, at unexpected CAGR . For that law, companies are. d. Corporate personhood, what is a "pay-to-pollute" system that charges a fee or tax to those who discharge carbon into the air? Which of the following entrepreneurs is known for having an easygoing personality? C. legal compliance* b. applying U.S. law regarding child labor globally In several sentences, describe one ethical draw-back of job-sharing. b. ethics is about what someone does Although Starbucks lost profit from closing stores, it gained some credibility with communities. Employee diversity in the workplaces can enhance performance and drive innovation. influence suppliers working conditions. Lorem ipsum dolo, ac, dictum vitae odio. Consumers support big box stores that offer quality goods and reasonable prices, Which of the following are Starbucks' stakeholders? a. an enumerated power listed in the constitution in the Bill of Rights gender They have clearly defined symbolic speech and what type of symbolic speech is protected. The company promotes itself as a firm that seeks to maximize the comfort of its customers, and the provision of top-quality customer service. Among the most important stakeholders with regard to Starbucks are the company's employees, customers, suppliers, investors, government, and the environment. AACSB: Real-world, Difficulty: Moderate (Select all that apply.) b. code of ethics This incident caused a global All Rights Reserved. AACSB: Real-world, C. greenwashing True or False: The environment is not considered a stakeholder, True or False: Goodwill . simply advertising. 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. b. standards of behavior 52,000 workers in the US and many US companies now manufacture their products abroad. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. c. the Dakota land trade American men were arrested while waiting for a friend at a Starbucks. (promenades; tarries). Most business organizations hold three different kinds of beliefs about themselves. Which of the following are Starbucks' stakeholders? They c. Assume that Humongous bank is part of a multibank system. How can you explain the range of mixed economies in the world? Shippers. Which of the following are Starbucks' key stakeholders? Ben & Jerrys, an ice cream company known for its founders social c. environmental tax Observing the company's liquidity, Starbucks has around $2.6 billion in cash and short-term borrowing facilities of $3.5 billion. B. government liaison/lobbying director a. customers are not considered high-priority stakeholder Consumer responsibility is diminished if advertising is directed toward children. And there are two types of stakeholders, including the primary and seconday stakeholders ( Clarkson, 1995). There are also organizations. a. consumerism Which of the following is the BEST resource for obtaining payloads 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. Solved Which of the following best explains why Starbucks | Chegg.com coffee and tea growers. Which insurance covers the damage to the fire hydrant? 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. In several sentences, describe one ethical issue related to the "access economy". d. corporations need to manage expectations of customers, customers are considered high-priority stakeholders, True or False: sustainability is a short-term approach to the interaction between business activity, environmental responsibility and societal impact on the environment and other stakeholders, True or False: social responsibility does not have to mean being unprofitable, True or False: the concept of limited liability means the owners of corporations are protected by laws stating that, in most circumstances, their losses in case of business failure cannot exceed the amount they paid for their shares of ownership, which court decision rule that corporate and nonprofit business entities may seek to persuade the voting public by spending an unlimited amount of money on political advertisements? Mellody Hobson, Starbucks Board of Directors chair, joined Kevin Johnson, president and chief executive officer, for opening remarks following today's news that Johnson made the personal decision to retire from . M1 - Starbucks Flashcards | Quizlet generations, such as the case with pollution. Starbucks CEO Kevin Johnson earned a $1.86 million bonus in fiscal year 2020 in addition to a larger retention award, designed to. AACSB: Application, Ethics, Difficulty: Moderate The coffee farmers supply coffee to Starbucks. a. high-level manners It is not necessary to conduct extensive market research. c. is an unattainable goal of perfect virtue The entitlement of the environment to legal status is a long-argued This is a great way to remind business' that not everything is about the money and how making a few changes can result as success in the long run. 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. Starbucks hiring project manager, sr - Business Operations(DAIBO) in If those entrepreneurs have good morals, it will come natural and it will show. 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 ________. 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). Starbucks Stakeholder Analysis | Blablawriting.com Which of the following does Starbucks consider to be a strong asset that helps it build its revenue gains? Which of the following is not a belief that businesses hold? b. the doctrine that a corporation has some of the same legal rights and responsibilities enjoyed by natural persons Car design should focus on being competitive on the road. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Download Assets. His expertise also extends to areas such as leadership, corporate responsibility and business strategy.