We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Starbucks Company. Audit Report - Essay Example

Comments (1) Cite this document
The proper use of business ethics in the management of a company makes it run all the business operations in a manner that respects the company’s stakeholders. Business Ethics according to Crane and Matten (2010:5) is “the study of business situations, activities and decisions where the issues of rights and wrongs are addressed”.
Download full paper
Starbucks Company. Audit Report
Read TextPreview

Extract of sample
Starbucks Company. Audit Report

Download file to see previous pages... In this report, the focus is on ethical dilemmas in Starbucks Company. As at October 2011, Starbucks has 149, 000 employees, operating over 17, 000 Coffee Shops globally, spread in approximately 40 countries (Hoovers, 2011, p.1). Out of the outlets, The United States accounts for most of the outlets, meaning that the country forms the base of the company’s operations (Hoovers, 2011, p.1).
The relative importance of the ethical dilemmas and the ways, in which the company deals with the dilemmas, shows its strength. Mostly, ethical organisations achieve success in their business undertaking and corporate citizenship. The combined factors have led to the success in Starbucks Company. Despite the improvements, which the company has made on its corporate ethics, there are various ethical dilemmas that it faces.
2.0 Ethical Dilemmas in the Company
In essence, the ethical dilemmas of the company could be understood well using the stakeholder’s analysis to unveil the truth. Literally, stakeholder’s analysis is the detailed consideration of the people within, or outside the company whose influence in the business operation is significant. According to Crane and Matten (2010:62) “a stakeholder is a individual or a group which is either is harmed by or benefits from, the corporation; or whose rights can be violated or have to be respected by the corporation”
The stakeholders, both internal and external are regarded as important since they contribute to the development of the company. In fact, the company has full influence on the stakeholders to maintain their public image. The chairman refers to the stakeholders of the company as skilled work-force in coffee industry. As an International company, the stakeholders embrace diversity of intellect, race, colour, taste, and religion without any form of discrimination, or prejudice. As any other company, Starbucks face a lot of ethical challenges during their operations. Those challenges either impact negatively or positively on the stakeholders and the communities of operation. Some of the ethical dilemmas facing the company include protection of private information, intellectual property, diversity and conflict of interest. The issues have been ranked according to their impact on the stakeholders. Rank Issue Stakeholder Why this issue has been ranked in this position 1 Data from customers Customers They are the most important Stakeholders. 2 Intellectual property Employees They make the organistion operate daily. 3 Diversity Employees They make the organistion operate daily. 4 Conflict of Interest Suppliers They supply necessities to the organisation. 2.1 Customers - Private Information being Held on Customers One of the ethical dilemmas that the company faced was the need to protect the information received from the clients concerning the business ethics and adherence to compliance requirements. Since data were collected from, the customers could threaten personal security, there was need to protect the identity and security of the person disclosing the data. Indeed, the information might threaten a person’s safety if confidentiality of the data is ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Starbucks Company. Audit Report Essay Example | Topics and Well Written Essays - 4000 words”, n.d.)
Retrieved from https://studentshare.org/business/1393108-business-ethics-ethical-audit-report
(Starbucks Company. Audit Report Essay Example | Topics and Well Written Essays - 4000 Words)
“Starbucks Company. Audit Report Essay Example | Topics and Well Written Essays - 4000 Words”, n.d. https://studentshare.org/business/1393108-business-ethics-ethical-audit-report.
  • Cited: 0 times
Comments (1)
Click to create a comment or rate a document
cleveland42 added comment 2 months ago
Student rated this paper as
Great paper! Used it to finish an assignment for a business course. It was easy as ABC, for the first time in my life.
Marketing Audit
, headquartered at Oak Brook, Illinois, United States (Yahoo Finance, 2012). McDonald’s being a global organisation which operates its business activities worldwide and its operations have been segmented into four different areas namely, a) Asia Pacific, Middle East, and Africa (APMEA), b) Latin America and Canada, c) Europe, and d) United States.
10 Pages(2500 words)Essay
Starbucks Coffee Company Analysis
The scope of this report is limited to the United States business segment of Starbucks which is one of the three reportable operating segments of the company apart from the International segment and Global Consumer Products Group segment (Starbucks Corporation, 2012).
12 Pages(3000 words)Essay
Audit Report
The Kyoto protocol seeks to limit greenhouse gas emission and governments from the developed countries have agreed to lower the levels of carbon dioxide (CO2) emissions by 2050. The UK government has agreed to a reduction equivalent to 60% of 1990 levels by 2050 (Office of National Statistics 2004).
10 Pages(2500 words)Essay
Ethics and Social Responsibility
The products provided by the company, include coffee that is drip brewed, espresso based drinks, hot and cold drinks. Others on its menu include coffee beans, salad and sandwiches. The large population that forms part of consumers of products needs protection from any activities that might endanger their lives.
5 Pages(1250 words)Essay
Starbucks: A Diversity Audit
STARBUCKS Starbucks: A Diversity Audit I. Introduction: Why Starbucks Was Chosen and How the Audit Was Conducted Starbucks encourages progress. It was chosen because it’s a Fortune 500 company that has a numerous amount of perks for its workers, including health insurance for workers that contribute twenty to forty hours of work per week.
5 Pages(1250 words)Essay
Starbucks Coffee Company
Starbucks Coffee Company is a leading coffee retailer that deals with roasting and retailing of coffee beans, selling brewed coffee, coffee related equipment’s, Italian-style espresso beverages, other cold beverages and some food items.
6 Pages(1500 words)Essay
Starbucks marketing report
Various types of Marketing Strategies Starbucks can undertake several types of marketing strategies in order to improve their business performance and overcome several issues. The organization can adopt marketing mix strategy in order to enhance their product, pricing, promotional and distribution strategy.
6 Pages(1500 words)Essay
Starbucks Coffee Company
Starbucks has expanded to more than 16, 600 coffee shops in various countries. Each branch offers coffee variants, coffee accessories, roasted beans, teas and food items. Particularly, the store specializes in selling brewed coffee, hot and cold drinks, snacks and other giftable items like mugs.
2 Pages(500 words)Essay
Business marketing assignment (Starbucks)
This organization has strong presence in several emerging global places. Starbucks is operating its business practices in several global countries with its 20,891 retail coffeehouse chains. Terrorism is the major political threat affecting the business performance of
6 Pages(1500 words)Essay
Audit report
There are two major perceptions on the external audit report. First, the audit report affirms whether the financial reports are fairly presented, true, qualified or adversely reported. Second, the audit report must be enhanced in order to keep abreast of the new
6 Pages(1500 words)Essay
Let us find you another Essay on topic Starbucks Company. Audit Report for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us