Friday, May 10, 2019

Business Ethics Essay Example | Topics and Well Written Essays - 1000 words - 2

Business Ethics - Essay ExampleThe testify study focuses on learning about the CSR activities of Starbucks Company and the different issues that the organization addresses. Starbucks and their CSR Efforts The Starbucks Company was initiated in the sociable class 1971 in Seattle when three friends Jerry Baldwin, Zev Siegl, and Gordon Bowker had opened up a small chocolate shop. However there aim been several changes over these years where the guild experienced selling out and expansion processes before the purview where it has reached now (Garza). Starbucks had always visualizeed the fact that communities should be served at their best and hence such corporate social responsibilities were performed by the company ever since their coffee shop initiated (Being a Responsible Company, 2011). The company is committed to win good governance, ethical conduct and social responsibility along with maintaining relationships with the stakeholders of the company (My Starbucks, n.d., p.10). The recent reports of CSR efforts of Starbucks Company speculate their progress in several areas of work. The companys recent commitments also include assisting the coffee farmers, and livelihood communities and environments. Other commitments also include ethical sourcing of coffee, responsibility for the environments, involvement in society development, and practices in the workplaces. As studies reveal, the company is a leader in the industry as far as ethical sourcing of coffee is concerned, where the company has accomplished sustainable coffee, higher price payments, fair trade certified coffee, and Conservation transnational Collaboration addressing changed in climate. The company has also proved to be a leader in environmental responsibilities trying to focus on renewable energy, and green building. Relationships with customers and neighbors are also included as major responsibilities of the company (Starbucks Makes Corporate Social Responsibility Report Public, 2008). Thus the companys efforts on CSR preempt be found to be effective on maintaining the environments and communities as well as improving the stove and reputation of the company. Stakeholders of Starbucks Company and Effects of the Companys CSR on Them The different stakeholder groups of the company that Starbucks need to consider while planning for their CSR activities include the employees of the company, the shareholders, the partner organizations, government and non government organizations, university student organizations and academic institutions, regional community groups, and the media (Reid, 2006). Strong relationships need to be built and maintained with these stakeholders thus implying the fact that the CSR activities of the company would have square effects on these stakeholders. The Starbucks Company considers the needs and expectations of different stakeholders and accordingly communicates the CSR activities to them. For stakeholders like the NGOs, the company tries t o integrate the strategies, practices and operations focusing on a holistic approach towards solving different problems. The motives are ethical, economic, and legal. For investors or shareholders, the company has always tried to connect the determine of the company with its performances, the motives being economic and ethical, also attempting to create values with the

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