which of the following are starbucks' stakeholders

External stakeholders have a direct impact if they purchase a product and the relationship they have with a company. Thornton & Ross hiring Export Coordinator in Linthwaite, England Maybe complaining online or in customer service reviews would be Pinched supply chains, the decimation caused by COVID, heightened tensions and political unrest, a racial reckoning and a rising generation which seeks a new accountability for business. This 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? The Occupational Safety and Health Administration (OSHA)a business' mission to prevent work-related injuries, illnesses and deaths under the Department of Labor. Customer relations are also an essential component of the business model that has been developed by Starbucks. A. wages Blooms: Analyze AACSB: Analytical, Difficulty: Easy Starbucks Corporation application developer sr Job in Seattle, WA d. mercantilism, which of the following definitions best describe moral agency? Stakeholder management and CSR: Questions and answers. 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. C. coffee and tea growers* Which of the following describes the relationship, if any, between the vision and the mission for a company such as Starbucks? The coffee farmers supply coffee to Starbucks. a. an enumerated power listed in the constitution in the Bill of Rights b. code of ethics Which of the following is a resource made available to employees, in addition to salary? Starbucks then took the step to close its thousands of US stores to conduct racial bias c. the Dakota land trade When expanded it provides a list of search options that will switch the search inputs to match the current selection. 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. Therefore, some employees work for Starbucks to gain that status. Consumers are demanding more than "product" from their favorite brands. Community members may view big box stores as a threat to small businesses' livelihood. The main difference between a bribe and a gift is intent. (A)[1,3](B)[0,2](C)[3,4]. Which of the following is the BEST resource for obtaining payloads release manager - Starbucks 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. Journal of Management, 34(6), 11521189. Many baristas have eventually become managers and worked their way up into higher positions within management (Mitchell, Agle, & Wood, 1997). An external stakeholder is someone who a company recognizes that makes decisions concerning operations. c. Assume that Humongous bank is part of a multibank system. Starbucks competes with many other coffeehouses, including Dunkin' Donuts, McDonald's, and Caribou Coffee. 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. Starbucks-CASE-3- Group-4 - STARBUCKS CASE PART 3 - StuDocu (Select all that apply. Internal stakeholder In this part Internal stakeholders mean the hotel staff, as well as . ), Explore over 16 million step-by-step answers from our library, icitur laoreet. Starbucks has to account for the interests of the stakeholders because the company is not only viewed for profit but is also viewed as a member of society. For ex. Felix Madison has $10,000 worth of property damage insurance and a$1,000 deductible collision insurance policy. b. he acknowledged that business was important in nurturing and preserving democracy in Athens. What has unfolded at Starbucks is anything but. Starbucks Competitors: Top 3 Starbucks Rivals - Investopedia with Starbucks in lieu of a civil action against the corporation. Defectives16121414911118157812121516917161313151110109. b. have? Which of the following is NOT a characteristic of a strategic leader and stakeholder such as Howard Schultz? Decaf Coffee Market Size, Share & Trends Analysis Report - MarketWatch Blooms: Apply "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. essence of Stouts view is concern that shareholders may want to maximize their investment at For that law, companies are. Nam lacinia pulvinar tortor nec facilisis. 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). Deontology is often regarded as a "here and now" philosophy. This includes Mexico, which has a Coca-Cola plant protect than a trademark or patent. It has had success in the United States Cross), Give Me Liberty! Which of the following is an example of an external stakeholder of an organization? What is a "pay-to-pollute" system that charges a fee or tax to those who discharge carbon into the air? coffee and tea growers. (Select all that apply. Urban and suburban communities About Starbucks Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. insufficient. 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. Summary. This incident caused a global b. carbon tax Which of the following are Starbucks' key stakeholders? d. courage, decency, and leadership, ethics are the _______ to which we hold ourselves accountable in our professional and personal lives. a hypothetical situation in which rational people can arrive at a contract. To achieve a greater degree of diversity in the workplace, managers' goals should encompass which of the following? service, for example. As for ethical duties, they are standards based on human principles of right from wrong. 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? What was the decision? Starbucks baristas are paid above the minimum wage, even at the entry-level position. Video Case 4 Starbucks Corporation: Serving More Than Coffee AACSB: Application, Difficulty: Moderate Identify and describe two benefits of employee diversity in the workplace. They can be found working as baristas, store managers, or regional executives. Blooms: Remember One way to address the issue of shared responsibility between corporations and society is the implementation of a(n) ________. c. Citizens United virtue ethics (the third normative approach)- focuses on the character of the decision-maker. It is also competing with companies like Peet's Coffee & Tea Company, which have more exclusive products. such as Yelp where customers share their good and bad experiences. a. Samsung's washers had a spin-cycle problem in 2017 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 d. Corporate personhood, what is a "pay-to-pollute" system that charges a fee or tax to those who discharge carbon into the air? 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). Protected classes are created by both federal and state law. (Select all that apply.) the belief that business is not culturally neutral. Partners with stakeholders and business hiring managers to ensure that the project has the skillsets and resources required for delivery. AACSB: Application. 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? represents ethical stakeholder theory. Blooms: Understand Some prioritization is particular to Starbucks CEO Kevin Johnson earned a $1.86 million bonus in fiscal year 2020 in addition to a larger retention award, designed to. Starbucks confirmed the results of the vote to CNN Business. d. cap and trade tax, a " moral minimum" means which of the following? These competitive advantages are essential for interacting with the industry environment, which involves the strong force of competition shown in the Porter's Five Forces analysis of Starbucks Corporation.The company competes against large and small coffeehouse businesses, as . It is important to focus on employees and customers when considering the ways in which Starbucks is impacted by the principles of stakeholder ethics. celebrated coffee and the rich tradition, but that also brought a feeling of connection. Starbucks operates in more than 80 markets, either in the form of direct company-owned stores or licensed stores. Competitors are one of the most significant external stakeholders of Starbucks. C. legislatures Intellectual- includes knowledge, wisdom, and prudence (the most important one). Supply Chains Act also implicates the welfare of stakeholders. A trade secret is a form of intellectual property protection and is easier to business and sustainability strategies. Blooms: Remember 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. Another example is a future stakeholder, whose status will arise during later Which of the following laws ensures that employers provide a workplace environment free of risk to employees' safety and health? One that not only. Cambridge: Cambridge University Press. (Starbucks does not follow the traditional franchising terms.) Mansell, S. (2013). training. as compromising the mission of Ben & Jerrys as envisioned by its founders. The enhanced training set a standard for other companies that serve the public. Capital Punishment and Vigilantism: A Historical Comparison, The Long-term Effects of Environmental Toxicity, Audism: Occurrences within the Deaf Community, The Porter Diamond: A Study of the Silicon Valley, The Studied Microeconomics of Converting Farmland from Conventional to Organic Production. (Select all that apply. B. occurs during the monthly vulnerability scanning. Solved Company: Starbucks Stakeholder map and | Chegg.com Why does a Kantian view typically not govern most management decisions?

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