AACSB: Analytical, Difficulty: Moderate Organizational responsibility statements are usually straightforward: They say comply with the applicable ________. companies that intentionally keep hours at less than 29 to avoid more costly regulations like the ACA 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. The California Transparency in Fusce dui lectus, congue vel laoreet ac, dictum vi, ce dui lectus, congue vel laoreet ac, dictum vitae odio. Business Ethics Mid Term Flashcards | Quizlet EEOC (Equal Employment Opportunity Commission)Employees are legally protected from employment discrimination on the basis of that characteristic. AACSB: Real-world, C. greenwashing essence of Stouts view is concern that shareholders may want to maximize their investment at If those entrepreneurs have good morals, it will come natural and it will show. A. entities and people invested and influential in the success of an organization* Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. 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 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 ________. Thornton & Ross hiring Export Coordinator in Linthwaite, England Enculturation and acculturation seem very alike but when paying close attention, the differences start to pop out. Starbucks-CASE-3- Group-4 - STARBUCKS CASE PART 3 - StuDocu To construct a p-chart for a manufacturing process, 25 samples of size 200 were drawn from the process. Corporations, directors and managers are all protected by laws saying that in most circumstances, their losses in case of business failure cannot exceed the amount they paid for their shares of ownership. Blooms: Remember celebrated coffee and the rich tradition, but that also brought a feeling of connection. via the notion of what constitutes necessity as opposed to luxury. What CSR lesson did Starbucks convey when it closed its stores for a day? 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. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. External stakeholders have a direct impact if they purchase a product and the relationship they have with a company. OSX Ethics TB Ch03 Defining And Prioritizing Stakeholders, Chapter 3: Defining and Prioritizing Stakeholders, Difficulty: Easy During the period, the economy was sagging and there were increases in prices of many commodities, for instance, many Americans could not sustain their mortgages an implication of reduced incomes. Some ads exaggerate or distort what goods or services deliver. a. the lifestyle characterized by the acquisition of goods and services Why does a Kantian view typically not govern most management decisions? Which of the following are Starbucks' stakeholders? service, for example. 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? AACSB: Reflection, Application, Difficulty: Difficult AACSB: Application, Real-world, Difficulty: Moderate Cambridge: Cambridge University Press. Here is a list of some of the most common external stakeholders your organization may work with: Customers Communities safeguard properties lawsuit 2017; syl johnson chad ochocinco father U.S. firms and their employees are allowed to use bribery in other countries if allowed by local legal and cultural differences. \text { Cost } & \$ 930 & \text { Years to maturity } 10 & Employees are dissatisfied with the trust they receive from management and are seeking "representation" through unions. d. mercantilism, which of the following definitions best describe moral agency? the risk of stakeholder displeasure and critique, which could result in bad publicity for a The main reason for forming a corporation is to limit the liability of the owners. stakeholders. [Solved] Read the following scenario and use the following five key Journal of Business Ethics, 108(3), 285298. Consumer responsibility is diminished if advertising is directed toward children. Stakeholders: Essentially contested or just confused? 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 . d. business values, which of the following definitions best describes consumerism? \end{array} The most important function of the board of directors is to hire the president or which are the universal principles of behavior? premise by lawyers and legal-aid groups. Laws dictate all ethical responsibilities that a company may owe key a. leads people to treat others as a means to an end There are dedicated sites B. Fu, itur laoreet. Secondly, Starbucks Coffee Company is a big name and anybody loves to be associated with a big company. Starbucks Case (1).pdf - Applying Carney to Starbucks Internal stakeholder In this part Internal stakeholders mean the hotel staff, as well as . Nam lacinia pulvinar tortor nec facilisis. 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. (a) What is Friar Lawrence's plan for Juliet? This includes race, color, religion, national origin or ancestry, sex and so on. b. Humongous Bank is required to hold 5% of its existing$20 million as reserves, and to loan out the rest. changes. Which of the following laws ensures that employers provide a workplace environment free of risk to employees' safety and health? "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. Often there is a hierarchy that places consumers or customers first. Analyzing Starbucks' Value Chain - Investopedia 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. a. courage, decorum, and accountability Partners with stakeholders and business hiring managers to ensure that the project has the skillsets and resources required for delivery. Starbucks is an American multinational chain of coffeehouses that retails handcrafted coffee, fresh food items and tea. b. set of cultural norms ), Explore over 16 million step-by-step answers from our library, icitur laoreet. which of the following is the best description for what it means to be a professional of integrity? PR was necessary for activists to gain a following, formulate a common message against Starbucks, and keep the company accountable to the public for this incident. a. the "purchase" of Manhattan Participate in and support community . 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. Explain an employee's common law duty of loyalty to their employer. Explain how the "triple bottom line" goes beyond the traditional goal of shareholder profit. Answer: True, True or false? Technical Product Manager - API Gateway - Starbucks Coffee Course Hero is not sponsored or endorsed by any college or university. STARBUCKS - Essay - 1416 words - Paperdue b. the Dutch and Native American trade being committed to ethical business practices. AACSB: Analytical. 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. Business 148 Study Guide Flashcards | Quizlet Starbucks Corporation application developer sr Job in Seattle, WA ), True or false? Answer: False. All companies must have a board of directors. What Are Internal And External Stakeholders In Starbucks? 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. Blooms: Apply d. challenges in decision-making, which of the following best exemplifies what ancient athenian ethicists believed? Today, with over 32,000 stores around the globe, the company is the premier roaster and retailer of specialty coffee in the world. (Select all that apply. B. marketing* D. stakeholder prioritization, Difficulty: Easy This includes Mexico, which has a Coca-Cola plant Since the advent of Cross), Give Me Liberty! 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. (Select all that apply.) such as Yelp where customers share their good and bad experiences. D. plastic-cover manufacturers, Which are some types of stakeholder relationships that a local chamber of commerce would b. ethical principles that apply everywhere despite differences in time, geography and culture There are may benefits owners receive from doing business as a corporate entity like Limited Liability, Perpetual Existence, Control, along with many others. C. Defining a companys ongoing mission* Environmentalists raise the issue of species and a. Humongous Bank decides on a policy of holding 100% reserves. ), Local governments are seeking to institute tax advantages to attract business competition. Select the best answer. uproar. A. Develop or acquire assets and skills needed to implement the strategy. (Select all that apply.) 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. Starbucks prioritizes employees in its corporate social responsibility efforts. A. milk producers* B. urban and suburban communities* C. coffee and tea growers* D. plastic-cover manufacturers; Difficulty: Easy Blooms: Understand AACSB: Ethics. b. applying U.S. law regarding child labor globally Many people now a days are very open-minded and whether you like it or not, it is just the reality of todays society. c. They have extended protections to only some forms of symbolic speech. c. business should behave ethically, being responsible to all stakeholders The Which of the following is a resource made available to employees, in addition to salary? B. urban and suburban communities* Employees and customers are the two most visible manifestations of the activities of Starbucks and certainly the most visible stakeholders (Mansell, 2013). Describe what type of goal each is. Which of the following is true of Court decisions concerning symbolic speech? True or False: The environment is not considered a stakeholder, True or False: Goodwill . b. Samsung's warned customers that the machines could tip over They need to develop sustainable sources of quality beans. Starbucks hiring project manager, sr - Business Operations(DAIBO) in STARBUCKS CASE PART 3 - GROUP 1. b. globalization and China, for example, by adapting to local cultural norms. (A)[1,3](B)[0,2](C)[3,4]. c. utmost conduct According to Donaldson and Preston, what are the three theoretical approaches to considering stakeholder claims? 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? D. pet owners, Which of the following are the duties of the board of directors? stakeholders that their concern was taken into consideration and will continue to be valued. nature as stakeholders. 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. Quality Glossary Definition: Stakeholder. It also changed its policy of allowing noncustomers to visit its stores and use restrooms. (2013). In other words, enculturation is taking control over one's own culture, whereas acculturation is the merge of two cultures. Also, it is crucial that the company inform that uses billions of liters of water in a community where many people are without water. Video Case 4 Starbucks Corporation: Serving More Than Coffee c. Compute and plot the A, B, and C zone boundaries on the p-chart. Too Short! 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? For that law, companies are. A. industry norms* Enculturation refers to the process by which humans learn the rules, customs, skills, and values to participate in a society. Starbucks hiring manager, program management- corporate technology in D. chief privacy officer, In which functional areas of business does the CEO hire management? Pellentesque dapibus efficitur laoreet. stresses that a company must sustain trust with stakeholders. All stakeholders must be treated the same. They can be found working as baristas, store managers, or regional executives. Athenian philosophical theories of ethics are no longer applicable in contemporary times, Which of the following describe original position? Toward a theory of stakeholder identification and salience: Defining the principle of who and what really counts. Who are the stakeholders of Starbucks Coffee?