including surveys or social media, for example. Some Starbucks stores have been accused of deliberately higher only part-time workers for limited numbers of hours for the purpose of avoiding the provision of healthcare and other benefits. AACSB: Ethics, Difficulty: Easy The emphasis was on 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. AACSB: Application. c. customers are considered high-priority stakeholders How has Starbucks used technology to improve its products? Which concept holds that workers should be paid on the basis of the value of their job to the organization? Which of the following are factors included when applying a legal definition of diversity? d. guidelines designed to help organizations with compliance and reporting, the freedom and ability to make choices based on one's perception of right and wrong, Byron Almen, Dorothy Payne, Stefan Kostka, The Language of Composition: Reading, Writing, Rhetoric, Lawrence Scanlon, Renee H. Shea, Robin Dissin Aufses. I say this because with many different opinions being thrown in the air, being on the same boat is not the easiest thing. The access economy is a business model where goods and services are traded on the basis of access rather than ownership. (Select all that apply. a. Q: The focus on chapter 6 is diversification which can mean different things for companies depending on the context. b. means supporting dogmatic rationality Bonus Eligible : Yes. d. They have ruled that symbolic speech is always protected. systemic ethics problems. The results to decision makers in management. coffee and tea growers. 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Starbucks was founded by Jerry Baldwin, Gordon Bowker, and Zev Siegl, opening its first store in 1971 near the historic Pike Place Market in Seattle. Sample Answer: Lynn Stout believed that shareholders do not necessarily behave as a class. When expanded it provides a list of search options that will switch the search inputs to match the current selection. March 16, 2022 4 min read. Which of the following is not an example of a diffused shareholder? (promenades; tarries). 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. AACSB: Real-world, Difficulty: Moderate Which of the following describes the efficacy of legislation like the California Transparency in Supply Chains Act? This is a great way to remind business' that not everything is about the money and how making a few changes can result as success in the long run. Large corporations such as Many baristas have eventually become managers and worked their way up into higher positions within management (Mitchell, Agle, & Wood, 1997). Lorem ipsum dolo, ac, dictum vitae odio. Starbucks is an American multinational chain of coffeehouses that retails handcrafted coffee, fresh food items and tea. Select the best answer. b. code of ethics ), how to distribute resources fairly and evenly Summary Of Experience which are the universal principles of behavior? Blooms: Understand 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. To uphold honorable standards of behavior. What research did the BBC Earth Lab cite to prove or disprove that subliminal advertising is real? If corporations use social responsibilities, it is more likely they will be successful. Identify and describe two factors that determine the ethics of "gift-giving" as opposed to bribery. Laplume, A., Karan, S. & Litz, R. (2008). C. It is ineffective because it uses consumer stakeholders to pressure suppliers and make This file is copyright 2019, Rice University. Additionally, Starbucks has also provided educational assistance to select employees by means of academic scholarships. The mayor's wife often___ to the front of church on Sunday to show off her expensive, new clothes. Stakeholder Relationships: It appears there are growing disconnects among at least some of their stakeholders. Which commercial transaction in the New World exemplifies the complexity that results when different cultures, experiences, and ethical codes come into contact? Explain how Ikea has had to adapt its business model in different countries. reidentify stakeholders. 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". B. D. Evaluating the salary and benefits of senior management*, Which employee typically reports directly to a board of directors? companies. A. milk producers* \text { Cost } & \$ 930 & \text { Years to maturity } 10 & 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. the belief that business is not culturally neutral. Blooms: Understand American men were arrested while waiting for a friend at a Starbucks. Which of the following describes the relationship, if any, between the vision and the mission for a company such as Starbucks? b. globalization a. consumerism c. the freedom and ability to make choices based on one's perception of right and wrong How can entrepreneurs best ensure their customer-service vision is passed on to employees? Misunderstanding and lack of communication tend to happen even more. 4 Consolidated net revenues increased 24% to $29.1 billion for the. I think of it like renting things temporarily rather than selling them permanently. In the United States, Ikea displays Here is a list of some of the most common external stakeholders your organization may work with: Customers Communities b. the challenges of outsourcing production to lower cost and increase profits Blooms: Remember Which of the following are considered intellectual virtues? This incident caused a global and China, for example, by adapting to local cultural norms. A stakeholder is any party, individual, or group interested in an organization's actions and outcomes. We are, therefore, c. Compute and plot the A, B, and C zone boundaries on the p-chart. Identify and describe two benefits of employee diversity in the workplace. In a short paragraph, describe the difference between enculturation and acculturation. Which of the following is considered the most important internal stakeholder of a corporation? The shippers have also announced the suspension of both . In three to four sentences, describe the difference between legal compliance and social responsibility. AACSB: Analytical. Which of the following does an entrepreneur typically need to be willing to do to start a business? Starbucks has, at times, been accused of racial discrimination as well as transgender discrimination. such as Yelp where customers share their good and bad experiences. Millennials are ten times more likely than older generations to change jobs, and 90 percent will change jobs within the first year. However, Starbucks has also been criticized for its labor relations as well. By having people from different races, genders, religion, and so on, those businesses are proven to outperform othersAlso, adhering to the traditional business practices of the past can cost them talented employees and loyal customers. Employees Which of the following describes the relationship, if any, between the vision and the mission for a company such as Starbucks? The images of smoldering tank cars, plumes of thick black smoke and a charred rural Ohio town reeling from the fiery Feb. 3 Norfolk Southern train derailment have sparked calls for tougher rail . This includes race, color, religion, national origin or ancestry, sex and so on. b. Sarbanes-Oxley A. Using this, calculate the after-tax cost of the Sony bond given Davids tax bracket. A lot of business' only focus on how much profit or loss their company has when they should also take into account on how their employees are doing and on the impact their business has on the economy. Blooms: Understand Answer: False, True or false? Consider Fisher's remarks in the last two paragraphs. Building a trust with your customers through marketing is very important and I say this because first impressions determine whether or not a person will decide to buy your product. c. coffee and tea growers b. Humongous Bank is required to hold 5% of its existing$20 million as reserves, and to loan out the rest. Academy of Management Review, 22(4), 853886. stresses that a company must sustain trust with stakeholders. d. challenges in decision-making, which of the following best exemplifies what ancient athenian ethicists believed? (Select all that apply. For the fiscal year 2022, group revenue increased by 55 per cent to $1.1 billion from $712 million in the previous year, and this resulted in a profit before tax of $53.7 million compared to a . via the notion of what constitutes necessity as opposed to luxury. What is the responsibility of the producer and the consumer? An ethical financial advisor must ________. It Entrepreneurs can still remain ethical while focusing on profit because they can't afford to have people disliking them as well as creating drama. Rachel Carsons 1962 book, True or false? making sure the stores employees and the company policies were sensitive toward identifying According to the I/O Model of Above-Average Returns, which of the following steps should Starbucks complete immediately before implementing a strategy? For that law, companies are. (Select all that apply. d. emphasis on method as opposed to content, virtue ethics is an ethical system based on the exercise of which virtues? A. (Starbucks does not follow the traditional franchising terms.) Which of the following are Starbucks' stakeholders? A company must identify and

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