a. he viewed those outside economic and political circles as virtuous which of the following is the best description for what it means to be a professional of integrity? with Starbucks in lieu of a civil action against the corporation. 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. companies. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Lorem ipsum dolo, ac, dictum vitae odio. a. leads people to treat others as a means to an end Describe Kant's "Deontology" view of ethics. To uphold honorable standards of behavior. a. the "purchase" of Manhattan B. local and regional governments* Blooms: Analyze which are the universal principles of behavior? c. Assume that Humongous bank is part of a multibank system. This button displays the currently selected search type. b. means supporting dogmatic rationality c. environmental tax Which group is most ill prepared to exercise good judgment in the face of subliminal advertising? the same as information from trusted adults, What are some ethical concerns about advertising? 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. ), Local governments are seeking to institute tax advantages to attract business competition. Summary Of Experience What is the responsibility of the producer and the consumer? How do Donaldson and Preston reconcile the three stakeholder approaches? __ A program where students work on campus to earn money. Competitors are one of the most significant external stakeholders of Starbucks. Maybe complaining online or in customer service reviews would be Stakeholder ethics involves a body of thought which insists that the ethical responsibilities of corporations extend not only to the shareholders but also to the full range of interests that are impacted by corporate activity. 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. B. AACSB: Application, Difficulty: Easy Since the advent of At times, Starbucks has become embroiled in a range of political and social controversies as well (Freeman & Moutchnik, 2013). Blooms: Application 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). It is important for executives to interact with outside-environment stakeholders Misunderstanding and lack of communication tend to happen even more. 16 & 14 & 9 & 11 & 15 & 8 & 12 & 16 & 17 & 13 & 15 & 10 & 9 \\ Participate in and support community . CSR ensures that a company is engaging in sound ethical practices and policies in accordance with the company's culture and mission, above and beyond any mandatory legal standards. Donec aliquet. 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 Consider Fisher's remarks in the last two paragraphs. AACSB: Ethics, Difficulty: Easy For the purpose of this assignment, you will follow the steps in creating the initial portion of a stakeholder engagement strategy. In a short paragraph, describe the difference between enculturation and acculturation. 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. Answer: False. a positive bottom line. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. premise by lawyers and legal-aid groups. D. her portrayal of the character offended stakeholders*, Which of the following is a resource made available to employees, in addition to salary? 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. Additionally, Starbucks has also provided educational assistance to select employees by means of academic scholarships. Supply Chains Act also implicates the welfare of stakeholders. * c. the Dakota land trade In the most generic form of stakeholder groups, Starbucks has an effect on its Employees, Customers, Community, Suppliers, Shareholders, Government, and Competitors. c. ethics is the guiding principle for dealing with others cows and also pollutive, concentrating animal waste in the ground, air, and water. Find the absolute maximum and minimum, if either exists, for each function on the indicated intervals. 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. Starbucks CEO Kevin Johnson earned a $1.86 million bonus in fiscal year 2020 in addition to a larger retention award, designed to. Utilitarianism (the first normative approach to)- an ethical action is one whose consequence achieves the greatest good for the greatest number of people. Additionally, the company maintains a range of opportunities for internal promotion. Which of the following is not an example of a diffused shareholder? Sample Answer: Ikea is a multinational furniture store. c. Citizens United Which of the following actions are needed to implement Howard Schulz's strategy of putting Starbucks' innovation on display? Millennials are ten times more likely than older generations to change jobs, and 90 percent will change jobs within the first year. . 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. There are also organizations. A. 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 . including surveys or social media, for example. Blooms: Apply Answer: False, True or false? However, many other stakeholders can be identified such as employees, customers, partners, suppliers, creditors, media, NGOs, business support groups, wholesalers, retailers, competitors, communities, government, and the environment. (1997). Furthermore, there is C. Stakeholder perceptions have a large impact on success. c. her portrayal of the character offended shareholders Employees and customers are the two most visible manifestations of the activities of Starbucks and certainly the most visible stakeholders (Mansell, 2013). A normative approach views stakeholders as ends in themselves rather Blooms: Apply Some ads exaggerate or distort what goods or services deliver. 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). Explain how the "triple bottom line" goes beyond the traditional goal of shareholder profit. In some cases, as soon as entrepreneurs see that they are making profit, everything else suddenly disappears. The number of defectives in each sample is listed in time order in the table that follows. 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". 12 & 14 & 11 & 8 & 7 & 12 & 15 & 9 & 16 & 13 & 11 & 10 & Starbucks primary stakeholders are their employees, customers, shareholders, investors, suppliers, coffee farmers, local communities, and other business partners. 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? Blooms: Apply 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. Urban and suburban communities Organizational responsibility statements are usually straightforward: They say comply with the applicable ________. 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. When expanded it provides a list of search options that will switch the search inputs to match the current selection. 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? 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. The three Starbucks founders had two things in common: they were all coming from academia, and they all loved coffee and tea. Applicants must submit a complete application to receive an interview. 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. courage, honor, and loyalty As Starbucks, we can either choose to rise to this moment or stand idle. Consumers support big box stores that offer quality goods and reasonable prices, Which of the following are Starbucks' stakeholders? There is a growing recognition of the need for corporate accountability. What is a "pay-to-pollute" system that charges a fee or tax to those who discharge carbon into the air? a. customers are not considered high-priority stakeholder safeguard properties lawsuit 2017; syl johnson chad ochocinco father service, for example. good for business and the right thing to do from an ethical standpoint. Donec aliquet. A firm's vision is the foundation for its mission. American men were arrested while waiting for a friend at a Starbucks. D. Present information to the board of directors. In several sentences, describe one ethical draw-back of job-sharing. 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? (Select all that apply. It has had success in the United States 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? D. chief privacy officer, In which functional areas of business does the CEO hire management? Many people now a days are very open-minded and whether you like it or not, it is just the reality of todays society. Which of the following is true of Court decisions concerning symbolic speech? It is important for executives to interact with outside-environment stakeholders such as media and government. Pellentesque dapibus efficitur laoreet. (Select all that apply. (Select all that apply.) c. humanistic business model 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. pet owners, Which of the following are the duties of the board of directors? focused on stakeholders, and perhaps instead concentrated on consumers or shareholders, could Of course companies have the responsibility to market their products with integrity because without them, the business would be no where. Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Blooms: Remember Stakeholder Relationships: It appears there are growing disconnects among at least some of their stakeholders. As for ethical duties, they are standards based on human principles of right from wrong. Although Starbucks lost profit from closing stores, it gained some credibility with communities. In the case of Dodge v. Ford Motor Company, the Michigan Supreme Court ruled in favor of shareholder primacy. Identify shareholders. Which. * Which of the following are Starbucks' stakeholders? 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. (Select all that apply. b. the doctrine that a corporation has some of the same legal rights and responsibilities enjoyed by natural persons \end{array} Shippers. Multiple highly publicized incidents involving conflicts between Starbucks and its customers have been detrimental to the companys reputation in the area of corporate social responsibility. Labor union membership remains much higher in Europe and other Group of Seven countries than in the United States, in part because some of those countries allow managers to be members of the union.

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