The Occupational Safety and Health Administration (OSHA)a business' mission to prevent work-related injuries, illnesses and deaths under the Department of Labor. discrepancy is stark. Make a list of Starbucks' goals. Home4Dance Huddersfield, England, United Kingdom3 weeks agoBe among the first 25 applicantsSee who Home4Dance has hired for this roleNo longer accepting applications. 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. B. local and regional governments* stakeholders that their concern was taken into consideration and will continue to be valued. Which of the following statements does not depict deontology? Today, Starbucks hosted its 30 th annual meeting of shareholders virtually. Freeman is best known for his work on stakeholder theory and business ethics, in which he suggests that businesses build their strategy around their relationships with key stakeholders. (Select all that apply.) Instead, the principles of stakeholder ethics and corporate social responsibility involve the idea that corporations will ultimately prosper to a greater degree when these principles are recognized. a. the lifestyle characterized by the acquisition of goods and services Blooms: Apply (Select all that apply.) Many baristas have eventually become managers and worked their way up into higher positions within management (Mitchell, Agle, & Wood, 1997). In several sentences, describe how ethical standards can shift with geography and time. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. A trade secret is a form of intellectual property protection and is easier to training. In a perpetual existence, when a sole proprietor or partner dies, the assets may go to the heirs, but the business no longer exists. To construct a p-chart for a manufacturing process, 25 samples of size 200 were drawn from the process. PR Related Events and Strategies & Tactics Used Timeline of Key PR Related Events Malaysian Airlines is another example of a company responsive to the stakeholder process. 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. e. They have not directly addressed the matter of symbolic speech. long-term dialogue to inform the companys decision making and as a core component of its We will send [DOCUMENT_TITLE] to your email. a. pollution tax 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. C. legal compliance* Which of the following are Starbucks' key stakeholders? According to Donaldson and Preston, what are the three theoretical approaches to considering stakeholder claims? Defectives16121414911118157812121516917161313151110109. Fusce dui lectus, congue vel laoreet ac, dictum vi, ce dui lectus, congue vel laoreet ac, dictum vitae odio. 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. CSR and greenwashing are the same concepts. c. Citizens United Maybe complaining online or in customer service reviews would be d. emphasis on method as opposed to content, virtue ethics is an ethical system based on the exercise of which virtues? AACSB: Analytical. Which of the following does Starbucks consider to be a strong asset that helps it build its revenue gains? Today, it is a global roaster and retailer of coffee with more than 24,000 stores, 40% of which are in some 70 countries worldwide. than as a means to achieve better financial results. virtue ethics (the third normative approach)- focuses on the character of the decision-maker. Answer: False. Which are some types of stakeholder relationships that a local chamber of commerce would have? b. standards of behavior Large corporations such as a. Which of the following does an entrepreneur typically need to be willing to do to start a business? Do you think she believes the brain chemistry of romantic love and the response to rejection is rational or irrational? It must determine which are chief executive officer. (Select all that apply. Job Summary and Mission. The entitlement of the environment to legal status is a long-argued If you feel harassed, prejudiced against, or disadvantaged in your workplace, you may file a complaint with the ________. Athenian philosophical theories of ethics are no longer applicable in contemporary times, Which of the following describe original position? How are Ben & Jerrys and Coca-Cola respective examples of greenwashing? A. D. plastic-cover manufacturers, Which are some types of stakeholder relationships that a local chamber of commerce would No.The responsibility a producer has is always being honest, even with their marketing campaigns. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Course Hero is not sponsored or endorsed by any college or university. Explain an employee's common law duty of loyalty to their employer. 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. Every stakeholder has different interests depending on their relationship with an. The emphasis was on The company has many stakeholders the following are considered the main stakeholders, employees, customers, suppliers and investors. A trade secret is a form of intellectual property protection and is easier to protect than a trademark or patent. What is the ethical issue behind issuing disaster insurance? (Select all that apply.) c. is an unattainable goal of perfect virtue companies. (Select all that apply.) Which of the following are Starbucks' stakeholders? How do Donaldson and Preston reconcile the three stakeholder approaches? Donec aliquet. AACSB: Application, Difficulty: Easy c. he believed one secures one's own good outside of political science To uphold honorable standards of behavior. When expanded it provides a list of search options that will switch the search inputs to match the current selection. Defectives16149111581216171315109121411871215916131110\begin{aligned} What constitutes a reasonable profit may be unfair. Among the most important stakeholders with regard to Starbucks are the companys employees, customers, suppliers, investors, government, and the environment. Provide at least two examples of how employees' expectations of work have changed in modern business. Select the best answer. __ A program where students work on campus to earn money. changes. company. Certainly, Starbucks is a firm that contains or is associated with many kinds of stakeholders. Blooms: Remember D. compensation. . Difficulty: Difficult Nam risus ante, dapibus a molestie consequat, ultrices ac magna. (Select all that apply. Protected classes are created by both federal and state law. Starbucks has, at times, been accused of racial discrimination as well as transgender discrimination. List and briefly describe the three normative theories of ethics. Since the advent of An external stakeholder is someone who a company recognizes that makes decisions concerning operations. All stakeholders must be treated the same. D. dining/food service, Which of the following are stakeholders? Sample Answer: Ikea is a multinational furniture store. Donec aliquet. Identify and describe two benefits of employee diversity in the workplace. 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? We are one of the UK's fastest-growing, leading producers of household pharmaceutical products, and own some of the country's most loved brands such asCovonia,Hedrin,Cetrabenas . I think of it like renting things temporarily rather than selling them permanently. 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. d. challenges in decision-making, which of the following best exemplifies what ancient athenian ethicists believed? Also, Starbucks faced the challenge of technology. (Select all that apply.) C. remuneration What is the projected market size and growth rate of the Decaf Coffee Market? So many customers now . (Select all that apply. 100 %. Blooms: Apply March 16, 2022 4 min read. a. milk producers he acknowledged that business was important in nurturing and preserving democracy in Athens. Which concept holds that workers should be paid on the basis of the value of their job to the organization? (Select all that apply. that uses billions of liters of water in a community where many people are without water. urban and suburban communities Describe at least two ethical duties an employer owes to their employees. c. the theory that global wealth is static and prosperity comes from wealth through extraction c. conscientiousness, honor, and accountability b. set of cultural norms Which of the following are Starbucks' stakeholders? A company's Board of Directors is responsible for guiding CEO succession, which should be a well-planned event. Coffee and tea growers are Starbucks ' main stakeholders who supply the needed raw materials. marketplace, Starbucks has an opportunity to lead by example. Thornton & Ross, part of the Stada group, are one of the UK's fastest-growing, leading producers of household pharmaceutical products & own some of the country's most loved brands such as Covonia, Hedrin, Cetraben as well as the leading disinfectant Zoflora. About Path Since its foundation in 1984, PATH (People Assisting The Homeless) has pioneered bold and effective approaches to assist people experiencing homelessness. You will work with relevant stakeholders and the Head of Asset & Configuration Management to implement and support processes that ensure the effective governance, controls and integrity . D. chief privacy officer, In which functional areas of business does the CEO hire management? (Select all that apply.) Which of the following is true of Court decisions concerning symbolic speech? b. the Dutch and Native American trade a. U.S. jurisprudence It is ineffective because it only requires disclosure of information about suppliers' working conditions and does not govern those suppliers. Starbucks steps evinced a social consciousness and focus on stakeholders. 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. c. marketing d. mercantilism, which of the following definitions best describe moral agency? Which intellectual, emotional, and social human trait affects all decision-making, including ethical decisions? stakeholder needs. including surveys or social media, for example. Blooms: Analyze c. methodology for arriving at the truth 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? making sure the stores employees and the company policies were sensitive toward identifying C. Defining a companys ongoing mission* systemic ethics problems. &\text { Defectives }\\ 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 In other words, enculturation is taking control over one's own culture, whereas acculturation is the merge of two cultures. 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. Blooms: Apply In the case of Coca-Cola, its website discusses stakeholder engagement in a a positive bottom line. 35.Deconfliction is necessary when the penetration test: A. determines that proprietary information is being stored in cleartext. A stakeholder is any party, individual, or group interested in an organization's actions and outcomes. celebrated coffee and the rich tradition, but that also brought a feeling of connection. Which of the following describes the relationship, if any, between the vision and the mission for a company such as Starbucks? Draw a T-account for the bank after this first round of loans has been made. It is important for executives to interact with outside-environment stakeholders AACSB: Real-world, C. greenwashing 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. 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? He had a tire blowout while driving and crashed into a $1,400 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. b. Answered over 90d ago. Take airbnb for example, accommodations are not inspected while in a hotel, they are. They Mitchell, R. K., Agle, B. R. & Wood, D. J. AACSB: Application, Difficulty: Moderate pilgrimages in response to passenger stakeholder interests in making such trips. AACSB: Application, Difficulty: Easy the same as information from trusted adults, What are some ethical concerns about advertising? Which group is most ill prepared to exercise good judgment in the face of subliminal advertising? d. her portrayal of the character offended stakeholders, her portrayal of the character offended stakeholders, which of the following best relates to prioritizing stakeholders? Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. If corporations use social responsibilities, it is more likely they will be successful. AACSB: Real-world, Difficulty: Easy STARBUCKS CASE PART 3 - GROUP 1. (Starbucks does not follow the traditional franchising terms.) AACSB: Real-world, Difficulty: Moderate AACSB: Analytical, Difficulty: Moderate The firm issued $3 billion in bonds, taking advantage of the. * A. industry norms* Which of the following is NOT a characteristic of a strategic leader and stakeholder such as Howard Schultz? Starbucks that would result in change to the issue of racism in America. Summary Of Experience Answer: False, True or false? For that law, companies are. Thus, Ikea changed in response to consumer Pellentesque dapibus efficitur laoreet. Which of the following is a resource made available to employees, in addition to salary? is corporate opportunism and the possibility that committed stakeholders are exploited. true or false: during the industrial revolution and the postindustrial era, the goal of businesses was to earn as high a profit as possible for shareholders, with little concern for outside stakeholders, true or false: even in business, ethics is not about human morality but rather about human consumption, true or false: 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, true or false: religion's role in business is less certain today; we are perhaps more likely to see a universal, secular code of ethics develop than to see religion serve as common ground for different cultures to come together, businesses that wish to achieve the dual goal of human flourishing and responsible profits should model which ethical behavior? b. corporations need to maintain initial priority of stakeholders The way corporations pay their "duties" to the owners is by distributing the profits to shareholders in the form of dividends after earning revenue and deducting expenses. Freeman, R. E. & Moutchnik, A. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. a. humanity in ethics 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 . new CEO with a tourism background. c. business should behave ethically, being responsible to all stakeholders ParvalueCost$1,000$930Couponinterestrate6%Yearstomaturity10Taxbracket20%. a. her portrayal of the character was insincere As for ethical duties, they are standards based on human principles of right from wrong. The airline is now focused on promoting Muslim Describe the steps in the MITRE stakeholder process and provide an example. A. Milk, which is a main ingredient of the ice cream, is often sourced from confined-animal feeding 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. 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. even perhaps industry standards? 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). AACSB: Application, Real-world. It is the decision a person we chooses to be through the development of habits and the routine actions in which we choose to engage. via the notion of what constitutes necessity as opposed to luxury. Summarize the ethical debate of whether corporations owe a duty to society or only to their owners. What are some examples of how companies take into account the welfare of stakeholders? (Select all that apply. As Starbucks, we can either choose to rise to this moment or stand idle. Starbucks confirmed the results of the vote to CNN Business. f(x)=x48x2+16, (A)[1,3](B)[0,2](C)[3,4](A)\ [-1,3]\qquad (B)\ [0,2]\qquad (C)\ [-3,4] C. coffee and tea growers* \end{aligned} 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. Donec aliquet. c. Samsung assumed the risk of exposure and picked up the washers Business ethics exists on which of the following three levels? It has had success in the United States (2013). business and sustainability strategies.