which of the following are starbucks' stakeholders

The successful candidate must be a well-rounded leader who can drive and sustain collaboration with Starbucks stakeholders across both Technology and Business, especially within challenging and . Community members may view big box stores as a threat to small businesses' livelihood. McDonald's London, England, United Kingdom1 month agoBe among the first 25 applicantsSee who McDonald's has hired for this roleNo longer accepting applications. Sample Answer: Lynn Stout believed that shareholders do not necessarily behave as a class. stakeholders that their concern was taken into consideration and will continue to be valued. Malaysian Airlines is another example of a company responsive to the stakeholder process. A. her portrayal of the character was insincere Which of the following are Starbucks' key stakeholders? b. code of ethics How does a corporation prioritize stakeholder claims? 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. Q: Corporate-level strategy is best described as: a. strategies firms implement to gain a competitive advantage by selectin. Freeman, R. E. & Moutchnik, A. STARBUCKS CASE PART 3 - GROUP 1. Another example is a future stakeholder, whose status will arise during later (Select all that apply.). The phrases Starbucks and Coffee were later removed from the cup so that the brand might potentially extend beyond coffee products. a. implementation of values A) Employees B) Customers C) Shareholders D) Economy Defectives16149111581216171315109121411871215916131110\begin{aligned} Customer relations are also an essential component of the business model that has been developed by Starbucks. Blooms: Understand B. her portrayal of the character was not approved Although Starbucks lost profit from closing stores, it gained some credibility with communities. Journal of Management, 34(6), 11521189. b. the doctrine that a corporation has some of the same legal rights and responsibilities enjoyed by natural persons Here is a list of some of the most common external stakeholders your organization may work with: Customers Communities Which of the following best describes information that has economic value because it is not generally known to the public and is kept secret by reasonable means? 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 Copyright 2023 StudeerSnel B.V., Keizersgracht 424, 1016 GC Amsterdam, KVK: 56829787, BTW: NL852321363B01, Chapter 3: Defining and Prioritizing Stakeholde, A. minority- and women-owned small business owners*, A. companies that intentionally keep hours at less than 29 to avoid more costly regulations like the ACA A. milk producers* B. urban and suburban communities* C. coffee and tea growers* D. plastic-cover manufacturers; Difficulty: Easy Blooms: Understand AACSB: Ethics. Answer: False. 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). A trade secret is a form of intellectual property protection and is easier to 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. Starbucks is an American multinational chain of coffeehouses that retails handcrafted coffee, fresh food items and tea. Which of the following are factors included when applying a legal definition of diversity? a. milk producers AACSB: Reflection, Application, Difficulty: Difficult Which of the following are Starbucks' stakeholders? Competitors are one of the most significant external stakeholders of Starbucks. Many baristas have eventually become managers and worked their way up into higher positions within management (Mitchell, Agle, & Wood, 1997). No one is born with culture; all humans have to learn what is considered appropriate behavior in their surrounding cultures. Blooms: Apply For Starbucks, its major stakeholders include employees, customers, suppliers and stockholders. AACSB: Application, Difficulty: Moderate C. chief executive officer* The mayor's wife often___ to the front of church on Sunday to show off her expensive, new clothes. A. minority- and women-owned small business owners* b. the Dutch and Native American trade To achieve a greater degree of diversity in the workplace, managers' goals should encompass which of the following? the cost of stakeholders. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. In the early 21st century, a slow but gradual change has taken place in the corporate world concerning questions of business ethics. 16 & 14 & 9 & 11 & 15 & 8 & 12 & 16 & 17 & 13 & 15 & 10 & 9 \\ Acculturation refers specifically to the cultural transmission and socialization process that stems from cultural exchange. 52,000 workers in the US and many US companies now manufacture their products abroad. a. From just a narrow storefront, Starbucks offered some of the world's finest fresh-roasted whole bean coffees. (Select all that apply. represents ethical stakeholder theory. generations, such as the case with pollution. Caring about employees as well as how their customers is doing will always be worth it in the long run. It Entrepreneurs can still remain ethical while focusing on profit because they can't afford to have people disliking them as well as creating drama. Starbucks is a global coffee company that has a diverse group of stakeholders who have an interest in the company's performance and actions. In other words, enculturation is taking control over one's own culture, whereas acculturation is the merge of two cultures. B. marketing* c. Compute and plot the A, B, and C zone boundaries on the p-chart. Consumer responsibility is diminished if advertising is directed toward children. Supply Chains Act also implicates the welfare of stakeholders. c. Citizens United 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. Which of the following are Starbucks' stakeholders? Academy of Management Review, 22(4), 853886. 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? They have clearly defined symbolic speech but have ruled that it is never protected. Misunderstanding and lack of communication tend to happen even more. 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. Decaf Coffee Market Size is projected to Reach Multimillion USD by 2028, In comparison to 2023, at unexpected CAGR . A common law or principle stating that officers, directors, and managers of a corporation are not liable for losses incurred when the evidence demonstrates that decisions were reasonable and made in good faith is known as ________. In the Supreme Court ruling Citizens United v. Federal Election Commission, which Amendment was at the center of the case? 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. 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. f(x)=x48x2+16, (A)[1,3](B)[0,2](C)[3,4](A)\ [-1,3]\qquad (B)\ [0,2]\qquad (C)\ [-3,4] . Phillips, R. (2003). 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. U.S. firms and their employees are allowed to use bribery in other countries if allowed by local legal and cultural differences. making sure the stores employees and the company policies were sensitive toward identifying Q: The focus on chapter 6 is diversification which can mean different things for companies depending on the context. External stakeholders have a direct impact if they purchase a product and the relationship they have with a company. welfare for two reasons: It is good for business and the right thing to do. (Select all that apply.) 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. A. milk producers* B. urban and suburban communities* C. coffee and tea growers* D. plastic-cover manufacturers 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 . Sample Answer: Ikea is a multinational furniture store. a. leads people to treat others as a means to an end Download Assets. which of the following most likely contributes to a corporation's positive work atmosphere over the long term? (Select all that apply.) Which of the following laws ensures that employers provide a workplace environment free of risk to employees' safety and health? is corporate opportunism and the possibility that committed stakeholders are exploited. c. conscientiousness, honor, and accountability results to decision makers in management. B. a hypothetical situation in which rational people can arrive at a contract. One big issue access economy has is lack of regulations, especially when it comes to overseeing the products and services exchanged during the transaction. Today, Starbucks hosted its 30 th annual meeting of shareholders virtually. 35.Deconfliction is necessary when the penetration test: A. determines that proprietary information is being stored in cleartext. C. legal compliance* 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: Apply Pellentesque dapibus efficitur laoreet. 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. Starbucks baristas are paid above the minimum wage, even at the entry-level position. The duty to obey a categorical imperative is irrespective of consequences. c. the freedom and ability to make choices based on one's perception of right and wrong 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). 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. &\text { Defectives }\\ Starbucks' primary business is running a quick service restaurant chain with a coffeeshop model. d. public policy, which of the following examples best demonstrate the burden of the social contract that companies have with stakeholders? AACSB: Application. Blooms: Remember Difficulty: Difficult Donec aliquet. Thus, Ikea changed in response to consumer In what ways do customers express their views about trust of company goods and services? a. Humongous Bank decides on a policy of holding 100% reserves. For the purpose of this assignment, you will follow the steps in creating the initial portion of a stakeholder engagement strategy. a positive bottom line. Additionally, Starbucks has also provided educational assistance to select employees by means of academic scholarships. In Richard DeGeorge's humanities model, business ethics would prepare students to do certain specific things. being committed to ethical business practices. Which is the best example of a novelty craze? B. shareholders AACSB: Reflection, Difficulty: Difficult (Starbucks does not follow the traditional franchising terms.) 4 Consolidated net revenues increased 24% to $29.1 billion for the. Make a list of Starbucks' goals. The normative approach most appropriately Explain Lynn Stouts view of the role of shareholders and the implication for stakeholder safeguard properties lawsuit 2017; syl johnson chad ochocinco father Stakeholder theory: Reviewing a theory that moves us. 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. About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. A firm's vision is the foundation for its mission. nature as stakeholders. List and briefly describe the three normative theories of ethics. 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. Select a product or service that will be sustainable. The emphasis was on In the case of Coca-Cola, its website discusses stakeholder engagement in a The company has many stakeholders the following are considered the main stakeholders, employees, customers, suppliers and investors. 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. Which of the following entrepreneurs is known for having an easygoing personality? D. Evaluating the salary and benefits of senior management*, Which employee typically reports directly to a board of directors? a. the "purchase" of Manhattan Every stakeholder has different interests depending on their relationship with an. Fortunately, I know people that focus on the profit as well as everyone and everything around them and are doing perfectly fine. Answer: False, True or false? A. milk producers* It is important for executives to interact with outside-environment stakeholders such as media and government. Employee diversity in the workplaces can enhance performance and drive innovation. B. urban and suburban communities* Nam lacinia pulvinar tortor nec facilisis. All stakeholders must be treated the same. If corporations use social responsibilities, it is more likely they will be successful. reidentify stakeholders. In the United States, Ikea displays d. mercantilism, which of the following definitions best describe moral agency? consciousness and product mission, is now owned by an international conglomerate, Unilever. Blooms: Apply D. dining/food service, Which of the following are stakeholders? Blooms: Analyze 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. b. Sarbanes-Oxley Starbucks CEO Kevin Johnson earned a $1.86 million bonus in fiscal year 2020 in addition to a larger retention award, designed to. AACSB: Real-world, Difficulty: Easy Blooms: Analyze, Evaluate An example involves a partnership that was created between Starbucks and Arizona State University that provided scholarships of these kinds where the corporation would pay for more than 50% of the students tuition. It is in a business's best interest to promote human flourishing within the organization by providing ________. training. 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? via the notion of what constitutes necessity as opposed to luxury. Since the advent of Blooms: Remember To uphold honorable standards of behavior. Which of the following is not an example of a diffused shareholder? 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. This can be a consumer who is unable to express their discontent with a product or This is a lofty goal, especially given Coke products are Some ads exaggerate or distort what goods or services deliver. What is the ethical issue behind issuing disaster insurance? Starbucks continually emphasizes its commitment to corporate social responsibility. Enculturation and acculturation seem very alike but when paying close attention, the differences start to pop out. c. he believed one secures one's own good outside of political science Pay Range : $123,600- $193,200/ annually. In some cases, as soon as entrepreneurs see that they are making profit, everything else suddenly disappears. 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 . Also, the manager of a company's ethical duty is to hire people that seems best for the job and not based on the color of their skin. 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. 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 AACSB: Application, Difficulty: Easy The following are the main stakeholders in Starbucks Coffee's business: Employees (baristas, partners) Customers Suppliers (supply firms, coffee farmers) Environment Investors Governments Employees. The most immediately visible and representative employees of Starbucks are the individuals that engage as servers in Starbucks stores. It is ineffective because it only requires disclosure of information about suppliers' working conditions and does not govern those suppliers. One that not only. This includes Mexico, which has a Coca-Cola plant Difficulty: Moderate (Select all that apply.) Blooms: Remember It has had success in the United States welfare. 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? ), milk producers AACSB: Analytical, Difficulty: Moderate (review sheet 4), Leadership class , week 3 executive summary, I am doing my essay on the Ted Talk titaled How One Photo Captured a Humanitie Crisis https, School-Plan - School Plan of San Juan Integrated School, SEC-502-RS-Dispositions Self-Assessment Survey T3 (1), Techniques DE Separation ET Analyse EN Biochimi 1, Human Resource And Fiscal Mgmt (ADMS 640), Which of the following are Starbucks stakeholders? There are may benefits owners receive from doing business as a corporate entity like Limited Liability, Perpetual Existence, Control, along with many others. Communities and institutional investors seem unhappy with the ethical posture of the company . True or false? c. They have extended protections to only some forms of symbolic speech. (promenades; tarries). 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? Pellentesque dapibus efficitur laoreet. discrepancy is stark. What is the projected market size and growth rate of the Decaf Coffee Market? 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 Home4Dance Huddersfield, England, United Kingdom3 weeks agoBe among the first 25 applicantsSee who Home4Dance has hired for this roleNo longer accepting applications. Which of the following is not a belief that businesses hold? There are also organizations. \end{array} Do you think she believes the brain chemistry of romantic love and the response to rejection is rational or irrational? 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). 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. From the beginning, Starbucks set out to be a different kind of company. (a) What is Friar Lawrence's plan for Juliet? good for business and the right thing to do from an ethical standpoint. The environment is not considered a stakeholder. Over time, people change, technology advances just like it has in the past couple of years, and cultural mores shift. "Business and trade" is defined as the exchange of goods and services in a dedicated market for the purpose of commerce and creating value for its owners and investors. AACSB: Real-world, Difficulty: Moderate On the contrary, CSR is the practice by which a company or business views itself within a broader context. On one hand, Starbucks is frequently praised as a company that is committed to corporate social responsibility and stakeholder ethics when it comes to labor relations (Miles, 2012). Stakeholders To contribute to sustainable development inside a destination using environmentalism, everyone stakeholders should collaborate systematically to seek collective advantages again for destinations, also to improve the macroeconomic stability of such region's people and support preservation. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Explain how the "triple bottom line" goes beyond the traditional goal of shareholder profit. Answer: False. Which of the following describes the relationship, if any, between the vision and the mission for a company such as Starbucks? All stakeholders must be treated the same. A firm's vision is the foundation for its mission. The 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".

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