Sunday, May 10, 2020

Starbucks Mission Social Responsibility - 736 Words

For the first assignment, please read Case 2, Starbucks Mission: Social Responsibility and Brand Strength on pages 319-326. Answer the questions at the end of the case, plus this question: In what other ways does this case relate to the concepts that we have learned in the chapters so far? 1. Why do you think Starbucks has been so concerned with social responsibility in its overall corporate strategy? Starbuck is concerned about its social responsibility because it is a very highly visible part of the company’s ethical practices. As the book stated, ethical practices and issues that are highly visible will have great influences on how the public perceives the company and their products or services. This perception is the†¦show more content†¦It is also unique because providing these benefits have contributed to the company’s stability that shown through lower turnover rates and higher productivity from the employees. This uniqueness adds to Starbucks ethical practices as it shows that it cares for its employees and will attract more consumers that value the same level of ethics. 3. Do you think that Starbucks has grown rapidly because of its ethical and socially responsible activities or because it provides products and an environment that customers want? I think that it is because of both practices done by Starbucks. A company as big as Starbucks is made up of so many pieces that effect one another, so to have a good medium there has to be uniformity in everything it does. A decision whether its ethical or not will affect the next decision and so forth, so being both ethical and providing what the customers want has to be valued at the same level of importance for the company to be successful. For example, if Starbucks only focused on ethics and social responsibilities made products that help promote that but doesn’t appeal to the customers, they won’t get much business. On the other hand, if all they cared about was what the customers wanted and how to make that meet those needs more efficiently, they could end up making decisions that will hurt the environment and people and will slowly lose customers as those practices surface. In what other ways doesShow MoreRelatedStarbucks’ Mission Social Responsibility and Brand Strength Essay763 Words   |  4 PagesThe case â€Å"Starbucks’ Mission Social Responsibility and brand Strength† basically discusses many things. It briefs you on how Starbucks came about in 1973 and how the company has evolved since then and the importance of defending its image. The company did many things to defend its image such as putting money back into the stake holder. Also Starbucks make a happy work environment by giving their employees full benefits. Starbucks offer one of the best health care programs in the coffee shop industryRead MoreStarbucks Mission: Social Responsibility and Brand Strength Essay839 Words   |  4 PagesStarbucks’ Mission: Social Responsibility and Brand Strength 1. Why do you think Starbucks has been so concerned with social responsibility in its overall corporate strategy? Two reasons Starbucks has been so concerned with social responsibility are the negative impact on the company if they aren’t and the financial and nonfinancial rewards because they are. According to our textbook, Starbucks has been engaged in responsible business practices almost from day one of operation. Because ofRead MoreA Case Analysis on Starbucks’ Mission: Social Responsibility and Brand Strength944 Words   |  4 PagesA Case Analysis On Starbucks’ Mission: Social Responsibility And Brand Strength Submitted To Professor Panda Of University of Maryland Eastern Shore Department Of Business School Technology In Partial Fulfillment Of The Requirement BUAD300 By: Michael Kunle-Kehinde February 4 2013 Summary Named after the first mate in Moby Dick, Starbucks was founded in 1971 by three partners in Seattle’s renowned open-air Pike Place Market. Starbucks is now the third largest restaurant chainRead MoreStarbucks : Innovation For Success1604 Words   |  7 PagesStarbucks FruVe Innovation to Success Coffee is a traditional approach to beginning a day. There is a variety of coffee flavors that can be accompanied by condiments. Starbucks, a United States, based company recognized the complexity of coffee preferences. 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