Ethical Issues In The Starbucks

Monday, January 17, 2022 1:06:17 AM

Ethical Issues In The Starbucks



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Ethical Practices of Starbucks

Another impact is the need to follow the laws and regulations in the countries from where Starbucks buys the raw materials. Activism and increased political awareness in developing countries have made his essential. The regulatory pressures within the home market in the US are also a factor. Multinationals based in the US are now subject to greater scrutiny of the business processes.

The company must monitor political stability within the country as well. The ongoing global economic recession is the prime external economic driver for Starbucks. As I already mentioned, this factor dented the profitability of Starbucks. This has convinced buyers to shift to cheaper alternatives. As they did not quit buying coffee, Starbucks should seek an opportunity here. The company has to deal with rising labor and operational costs. The inflationary environment and falling profitability is causing a lot of stress. As already stated, Starbucks can offer cheaper products but it might have to sacrifice the quality.

This is the main socio-cultural challenge that the start-up faces. It will expand consumer base to include the buyers from the lower and the middle-income tiers. They fret about social and environmental costs of the brands. Starbucks has to be aware of this trend. The baby boomer generation is retiring. This means spending by older consumers will decrease. As you probably know by now, WhyWhisper is focused on supporting organizations and companies that care about making a positive social or environmental impact.

Are they really making a difference, or are they just there for PR purposes? It's just enough for them to check off the social responsibility box before going public. This got us thinking. As most of us know, Starbucks is an international coffee company, with over 20, stores in over 60 countries to date. But just five years ago, the company was doing poorly. The series of initiatives launched under the agenda were centered on people, the environment, and the community.

To have a positive impact on the communities it works with and in, Starbucks develops community stores that partner with local nonprofits. He has a bachelor's degree in business administration from New Mexico State University and a history of working in software development and business consulting. He spent 16 years with Microsoft. To date, he has thoroughly embraced Starbucks' goal of human connection with its customers and employees. Johnson finds time to give back to the community as well. He actively works with Catalyst, a nonprofit organization that assists women in business, as well as Youth Eastside Services, an organization providing youth and family counseling in Seattle. He says he is passionate about "the tens of millions of interactions, large and small, that happen between partners and customers every week.

You can send a message directly to Kevin Johnson using these e-mail, telephone, and physical mailing address.

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