Based on the video “Starbucks Corporation: Serving more than coffee”, (McGraw Hill, 2011), Starbucks follows the four Porter points quite closely, and these efforts have had a positive impact on the financial standing and public perception of the company. Starbucks spokesperson, Sue Mecklenberg states “Social responsibility is a boost to financial well being” (2011). Through the implementation of “Eco-efficiency”, the company is able to reduce waste and utility costs for water and gas. Additionally, Starbucks offers their employees, referred to as partners, good benefits that include health plans and stock options. These, in turn help to create partner loyalty to the company, leading to low turnover, which helps Starbucks to lower recruiting and training cost. Additionally, the Starbucks customer base appears to be motivated to frequent Starbucks based on their CSR, and also helps to attract socially conscious investors. Corporate social responsibility is also a valuable tool to report and communicate back to company stake holders, what the company is doing, and provides accountability by which metrics…
The play Raisin in the Sun is set in Chicago during the 1960s. This play focuses in on a lower-middle class family who has recently lost the man of the house. While the family overcomes how to spend the insurance money it becomes clear that the three main female characters have major differences due to the ways they were raised in their generations. The women often butt heads on different topics like what duties women have in the house and in society. Each generation changes slowly but eventually the differences in them are very clear because of the evolution of duties of women.…
Starting in Seattle with one store, Starbucks has grown across the country and has become a household name delivering one of the best tasting coffees in existence. The first Starbucks opened in 1971, serving fresh roasted coffees. “Today, more than 15,000 stores in 50 countries, Starbucks are the premier roaster and retailer of specialty coffee in the world” (Starbucks, para. 7, 2010). The organization has been successful because of excellent managerial skills and implementing sound business decisions. Starbucks mission statement reads as follows: “to inspire and nurture the human spirit – one person, one cup and one neighborhood at a time” (Starbucks, 2010, p. 1). The company values its relationships with communities, its stores, business partners, shareholders, and employees. Responsible ethical character and compliance helps the Starbucks brand protect its reputation. This paper will explain the role of ethics, procedures, Securities and Exchange Commission (SEC) compliance, and evaluate the financial performance of the Starbucks organization.…
Starbucks approaches the societal responsibility includes having an environmental mission which is very strong at Starbucks. They make sure they use conservation of resources daily to make minimize harm to the environment. Starbucks has a Green team this group of people goes to the stores and make sure they are operating in an environmental friendly manner.…
In this paper we are going to discuss the way that Starbucks is changing the world. From its early inception to what it is dong today, Starbucks is a world-changer. We will be discussing the beginning of Starbucks, its management, what Starbucks is doing for the environment, and various other aspects of the corporation.…
Starbucks celebrates 40 years with 17,000 stores in more than 50 countries (Goals & Progress, 2010). Starbucks thrive on their values as a company to improve the lives of people who grow their coffee, neighborhoods where the company does business, and they care for the environment (Goals & Progress, 2010). Starbucks strives to incorporate good business practices and ethics across the globe not only for the enhancement of the company but also for the enhancement of the stakeholders and the communities the company impacts. Starbuck’s mission statement is “to inspire and nurture the human spirit. As said by Howard Schultz, Chairman, President and Chief Executive Officer, in the 2010 Starbucks Global Responsibility Report; “one person, one cup and one neighborhood at a time.”…
In conclusion, Starbucks is a company that respects people, the environment, and consequently, the planet. The coffeehouse could be a great example for other companies that do not care about social issues and just try to increase their profits. If other companies followed the way that…
The Starbucks Corporation presents a strong appeal for potential customers and employees because it has a strong organizational culture based on its values, which include “ethical sourcing, environmental stewardship and community involvement” (Being a Responsible Company, 2013). These values embody many cultures and Starbucks has incorporated them into their business model so they reach every corner of their organization. These values influence all Starbucks' business decisions including who they buy coffee beans from, as well as how they do business. They only purchase from countries that practice fair trade and use recycled materials. (Being a Responsible Company, 2013). Because these values are engrained into the culture of the organization, they have a global reach that expands outside the walls of Starbucks and spread to the communities that they serve. One example is their Ethos Water product that helps fund clean water initiatives by giving $.05 of every $1.80 to underdeveloped countries (McPherson, 2013). These types of initiatives come from strong core values which are the major factor contributing to Starbucks’ global success.…
Starbucks was ranked tenth the best ethical company in the world that has has been constantly proving to the the world how Social responsible they are. Is an American coffee company and coffeehouse chain. Found on March 30, 1971; 45 years ago Pike Place market, Elliot Bay, Seattle, Washington, U.S. The founders are Jerry Baldwin, Zev Siegal, Gordon Bowker. Some of Starbucks Coffee Company subsidiaries are Ethos water, Evolution fresh, Hear music, La Boulange Bakery, Seattle’s Best Coffee, Tazo, Teavana, and Trorefazione italia. Starbucks is considered the main representative of "second wave coffee," initially distinguishing itself from other coffee-serving venues in the US by taste, quality, and customer experience, while popularizing darkly roasted coffee. Starbucks holds roughly thirty-three percent of the market share for coffee in the U.S. Specialty coffee drinks account for around 75 percent of Starbucks’ sales, but an increasing amount of its business is centered on selling whole bean coffees and merchandise.…
After researching Starbucks I have come to have an appreciation for the company that I did not before, I could also write a small book on the details regarding the rise of that company from the 70 's until present, yet what we are really here to discuss is how this company operates ethically and how that in itself can be attributed to the company 's success. Howard Schultz has been awarded for his zealous pursuit of fairness in regards to the company 's employees, customers, suppliers and the like. I 'll start with company 's mission statement and finish with a couple of the acts of good corporate citizenship that Starbucks has involved itself in.…
Starbucks believes that conducting business ethically and striving to do the right thing are vital to the success of the company.…
On July 7, 2011, The Wall Street Journal reported in an article on the ethical conflict facing the prodigious corporation known as Starbucks. According to the President of the union in Chile, union workers are dissatisfied and fed-up with the low employee morale they face in their work environment. Starbucks employees were said to have a starting hourly wage of $2.50 and that it hasn’t been changed for eight years. The workers at Starbucks's Chilean stores were pressing for, amongst other things, a lunch allowance similar one which managers receive and to have the company assume the full cost of their health insurance. The average cost of lunch in Chile is $5, so while managers are granted with a $50 lunch bonus other employees are left with a “2-Free coffees a day” ticket. With that being said, you can understand the perception that these unionized workers feel.…
Starbucks opened its doors in 1971 in the Seattle historic Pike Place Market. It has gone from a narrow storefront Starbucks offering the world fresh roasted whole bean coffees. Howard Schultz went to Italy after trying some coffee at Starbucks and wanted to bring the Italian coffeehouse tradition back to the United States. The mission of Starbucks is to inspire and nurture the human spirit one person, one cup, and one neighborhood at a time (Starbucks Corporation, 2012). Starbucks has grown to now 18,000 stores in 62 countries and has become the premier roaster and retailer of coffee in the world. The company has strived to purchase and roast high quality whole bean coffees and has become the beacon for all of coffee lovers everywhere.…
h) Starbucks promotes ethical sourcing, contributes heavily to their communities, as well as continually strives to buy, sell and use environmentally friendly products.…
Seattle, Washington USA. It was founded in 1971 with the sole mission to bring the unique…