IV. Decision Making
A. Decisions
There are potential business ethics and regulatory issues that could impact Starbucks by affecting the corporate strategy, brand development, and decision-making processes. One of the issues is diversity issues. Starbucks could also face ethical and regulatory issues in terms of integrity and trust. Regulatory issues that the company could also face are compliance and governance issues. Based on the prospective business ethics and regulatory issues aforementioned, there are business decisions that Starbucks will need to make. In addition, there are processes and practices that will be employed to make these decisions. To begin with, in order to ensure that legal and regulatory aspects are adhered to, Starbucks will need to instigate a code of ethics that will be adhered to by all stakeholders (Mamic, 2017). Businesses and companies have to conduct their operations within government, state, and local regulations and guiding principle. Taking this into consideration, ethical responsibilities may be epitomized by means of codes of conduct, civil rights, and social and satisfactory standards in numerous aspects. Several corporations endeavor to go further than the legal requirements. Businesses that make it their responsibility to make certain workers are safe, treated with self-worth and respect, and offered sensible work hours and wages are deemed to be ethically responsible (Mamic, 2017).
The processes through which Starbucks will undertake this is through the implementation of code of ethics and standards of practice. Basically, this takes into account the professional expectations and mannerisms that are expected from all employees and also other stakeholders such as suppliers irrespective of their role and the setting in which they may practice. The code of conduct outlined by the board of directors of Starbucks will delineate particular behaviors that are necessitated or proscribed as a condition of prevailing employment. Notably, the code of conduct may forbid unethical behaviors such as racial discrimination, sexual harassment, theft, and disregarding legal requirements. These codes in tandem with other measures are beneficial for the company to have a moral compass, avoid any form of scandals and also build a healthier work place climate and reputation. These codes and standards of practice will endeavor to embolden particular kinds of behavior by employees. Ethics guiding principles try to provide direction regarding values and choices to impact decision-making, whereas conduct codes of practice declare that a number of particular actions are suitable or unsuitable. These decisions delineate the company's yearning to attain a variety of satisfactory behaviors from employees (Collins, 2009).
B. Culture
The decisions and processes discussed above will impact business sustainability and elements of corporate culture such as corporate citizenship, philanthropy, community involvement, the environment, and causal support. The corporate culture determines the corporate climate and also the manner in which operations within an organization are conducted. The decision to incorporate diversity will significantly impact the corporate culture of Starbucks. The assimilation of diversity is purposed to make certain that each and every one included in the workforce has a complete sense of belonging within the company. As a business necessity, each individual at the organization has the culpability to create and maintain an environment that is inclusive. Notably, inclusion and diversity are imperative to Starbucks’ corporate culture and core values. The corporate culture should ensure that no individual ought to face discrimination simply owing to their differences, such as religion, ethnicity, gender, age, sexual orientation, disability, and gender identity (Gordon, 1995).
The culture of the organization will also impacted by diversity awareness. This is purposed to aid individuals understand the advantages of working in tandem with a diverse and inclusive...
References
Barak, M. E. M. (2016). Managing diversity: Toward a globally inclusive workplace. Sage Publications.
Brown, J. (2016). Inclusion: Diversity, the New Workplace & the Will to Change. Purpose Driven Publishing.
Collins, D. (2009). Essentials of business ethics: Creating an organization of high integrity and superior performance (Vol. 47). John Wiley & Sons.
Ferdman, B. M. (2013). The practice of inclusion in diverse organizations. Diversity at work: The practice of inclusion, 3-54.
Gordon, A. (1995). The work of corporate culture: Diversity management. Social Text, (44), 3-30.
Hill, C.W.L., and Jones, G.R. (2005). Strategic Management: An Integrated Approach. 7th Edition, Boston: Houghton Mifflin.
Mamic, I. (2017). Implementing Codes of Conduct: How Businesses Manage Social Performance in Global Supply Chains. Routledge.
Matten, D., & Crane, A. (2005). Corporate citizenship: Toward an extended theoretical conceptualization. Academy of Management review, 30(1), 166-179.
Mayhew, R. (2018). Why Is Diversity in the Workplace Important to Employees? Retrieved from: http://smallbusiness.chron.com/diversity-workplace-important-employees-10812.html
Starbucks. (2018). Community: Creating Pathways to Opportunity. Retrieved from: https://www.starbucks.com/responsibility/community
Starbucks. (2018). Ethical Sourcing: Coffee. Retrieved from: https://www.starbucks.com/responsibility/sourcing/coffee
The remaining conference paying attention on reenergizing the collecting employees. 3. Do you think that Starbucks has grown rapidly because of its ethical and social responsibility activities or because it provides products and an environment that customers want? To understand how Starbucks takes care of customers and the role of that management in its achievement, we need to look at the history and growth of Starbucks as a corporation. The first
There is nearly a constant influx of new technological developments in this industry as well, which only makes the task of staying current with them all the more challenging. The intent of this paper is to describe how Blizzard would be able to structure a Corporate Social Responsibility (CSR) program that would financially support programming courses for lower income children throughout inner cities and rural areas. The essence of
Corporate Social Responsibilities Comparison of CSR Practices In the 21st century, attaining some degree of social responsibility is recognized as a business quality that most corporations use in their daily operations to keep being in business Enquist, Edvardsson, & Petros, 2008. The inclusion of social responsibility into a corporation helps to form a connection between the corporation's objectives with the idea of sustainable developments Samuel & Walter, 2009. Corporate social responsibility helps corporations to
Introduction Only a year after taking the helm at Starbucks, CEO Kevin Johnson faced a major ethical challenge. The store manager at a Philadelphia Starbucks had called the police on two African American men who were waiting for their colleagues to arrive. Other customers captured the arrest on smartphone video, which went viral, creating a potential public relations disaster for the company. Johnson swiftly responded to the incident to clarify the
Both proposals were consequently amended and eventually accepted by the SEC. The audit committee makes sure that the books aren't being cooked and that shareholders are properly informed of the financial status of the firm. Characteristically, the audit committee advocates the CPA firm that will audit the company's books, appraises the activities of the company's independent accountants and internal auditors, and reviews the company's internal control systems and its accounting
organization always adopt a broad stance on social responsibility? Explain how you agree or disagree with this question and why you have this perspective. More and more organizations are making social responsibility a primary feature of their websites and the ways in which they market themselves to consumers. Starbucks promotes its sale of Fair Trade coffee; the Interface carpet company has a zero-impact model of sustainability. This can generate good
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now