Starbucks Ethical Behavior
Business Ethical Behaviour of star bucks
Over the last two decades social corporate responsibility has become an increasingly important factor in the business world. Corporate Social Responsibility is concerned with treating the stakeholders of a company or institution ethically or in a responsible manner. “Ethically or responsible' means treating key stakeholders in a manner deemed acceptable according to international norms “ Hopkins (2011).By social corporate responsibility we mean that businesses and organization that reflect their ethical , legal and social consequences on their management decisions. Business ethics are followed by all organization globally. While some of them are ethically acceptable by society , the other are unethical and not acceptable. Presently the Corporate Social Responsibility is measured by the contribution of an organization towards improving the luxury of people lives. One of the business organization that will be discussed here is the global coffee cafe chain Starbucks. Two of the key issues of Starbucks addressed in this essay are the treatment of the company towards its employees and the treatment towards the coffee growers.
How does Starbucks treats its suppliers?
Starbucks café chain buys most their products directly from farmers at an acceptable market price. The ethics followed by Starbucks in doing business with coffee producers are greatly accepted by society due to their policy of fair trade. Most of their coffee procurement are from developing countries where farmers or coffee producers are underpaid for their produce. Two of the ethical theories that I have selected to analyse Starbucks approach to corporate social responsibility are the Utilitarianism theory and Ethics of rights and justice. This theory is a normative ethical theory that states the morally right course of action that should be taken. Utilitarianism approach focuses on the fact that its course of action brings maximum benefit to
Over the last two decades social corporate responsibility has become an increasingly important factor in the business world. Corporate Social Responsibility is concerned with treating the stakeholders of a company or institution ethically or in a responsible manner. “Ethically or responsible' means treating key stakeholders in a manner deemed acceptable according to international norms “ Hopkins (2011).By social corporate responsibility we mean that businesses and organization that reflect their ethical , legal and social consequences on their management decisions. Business ethics are followed by all organization globally. While some of them are ethically acceptable by society , the other are unethical and not acceptable. Presently the Corporate Social Responsibility is measured by the contribution of an organization towards improving the luxury of people lives. One of the business organization that will be discussed here is the global coffee cafe chain Starbucks. Two of the key issues of Starbucks addressed in this essay are the treatment of the company towards its employees and the treatment towards the coffee growers.
How does Starbucks treats its suppliers?
Starbucks café chain buys most their products directly from farmers at an acceptable market price. The ethics followed by Starbucks in doing business with coffee producers are greatly accepted by society due to their policy of fair trade. Most of their coffee procurement are from developing countries where farmers or coffee producers are underpaid for their produce. Two of the ethical theories that I have selected to analyse Starbucks approach to corporate social responsibility are the Utilitarianism theory and Ethics of rights and justice. This theory is a normative ethical theory that states the morally right course of action that should be taken. Utilitarianism approach focuses on the fact that its course of action brings maximum benefit to