Business Ethics - TUT W2 - Starbucks Code of Conducts by Minh Hanh Vu https://padlet.com/hanhvuminh02_/klcn5xzpkwe2sla3 HAN21080041 & HAN21100072 en-us 2023-10-06 03:14:18 UTC 2023-10-06 03:20:34 UTC hello@padlet.com 1. List the main values and ethics of Starbucks: hanhvuminh02_ https://padlet.com/hanhvuminh02_/klcn5xzpkwe2sla3/wish/2734931757
  • Ethical conduct and behavior
  • Following the Standards of Business Conduct and company policies
  • Asking questions and seeking guidance when unsure
  • Reporting suspected misconduct
  • Promoting an open-door culture

    • ]]>     2023-10-06 03:16:11 UTC https://padlet.com/hanhvuminh02_/klcn5xzpkwe2sla3/wish/2734931757     2. Discuss why Starbucks must uphold its codes of conduct/ethics: hanhvuminh02_ https://padlet.com/hanhvuminh02_/klcn5xzpkwe2sla3/wish/2734933208
  • Maintaining trust: Upholding high ethical standards fosters trust among customers, partners, and investors, to maintain its brand reputation.
  • Legal compliance: Ethical behaviour ensures that Starbucks complies with various laws and regulations, preventing legal issues and potential financial penalties.
  • Protecting the brand: Starbucks' brand is built on values such as sustainability, social responsibility, and community engagement. Violations of ethics can damage this brand and result in loss of customers.
  • Employee satisfaction: A commitment to ethics and a respectful workplace environment is crucial for attracting and retaining talented employees.

    • ]]>     2023-10-06 03:17:35 UTC https://padlet.com/hanhvuminh02_/klcn5xzpkwe2sla3/wish/2734933208     3. To the best of your knowledge, do Starbucks uphold their values? Has there been any scandal in the news? hanhvuminh02_ https://padlet.com/hanhvuminh02_/klcn5xzpkwe2sla3/wish/2734935201 Starbucks has generally been recognized for its efforts to uphold its values and ethical standards. The company has been known for its commitment to social responsibility, sustainability, and providing a positive work environment for its partners. As of our knowledge, our team haven't found any scandal of this brand in the news.]]> 2023-10-06 03:19:15 UTC https://padlet.com/hanhvuminh02_/klcn5xzpkwe2sla3/wish/2734935201 4. What does Starbucks do to managers or providers when these ethics/codes of conduct are violated? hanhvuminh02_ https://padlet.com/hanhvuminh02_/klcn5xzpkwe2sla3/wish/2734935940
    Starbucks typically follows a process for addressing violations of its ethics and codes of conduct, which may include:

    • Conducting internal investigations to determine the validity of the complaint or concern.
    • Taking appropriate disciplinary action if violations are substantiated, which can range from counseling and retraining to suspension or termination, depending on the severity of the violation.
    • Implementing corrective measures to prevent similar violations in the future.
    • Ensuring that there is no retaliation against the partner who reported the concern.
    ]]>     2023-10-06 03:19:57 UTC https://padlet.com/hanhvuminh02_/klcn5xzpkwe2sla3/wish/2734935940