Business Ethics Touchstone 2 Template

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Capella University *

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ETHICS

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Philosophy

Date

Dec 6, 2023

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docx

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4

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Business Ethics Touchstone 2 Template Name: Billie Truong Date: October 16, 2023 Step 1. Select ONE code of ethics from the list provided. 3M https://www.3m.com/3M/en_US/ethics-compliance/code/ IBM https://www.ibm.com/partnerworld/program/code-of-conduct Berkshire Hathaway https://www.berkshirehathaway.com/govern/ethics.pdf Starbucks https://livingourvalues.starbucks.com/en-us/ SHRM https://www.shrm.org/about-shrm/pages/code-of-ethics.aspx ASAE https://www.asaecenter.org/about-us/policies/code-of-conduct United Way http://s3.amazonaws.com/uww.assets/site/Code_of_Ethics_Guide2013.pdf Step 2. Answer the following questions, applying the vocabulary and concepts from the tutorials . 1. Give the name of the company or organization you have chosen from the list above. Starbucks 2. Find each of the following topics in the code of ethics you have chosen. Write 1-2 sentences paraphrasing or summarizing the company policy on each topic. Basic conduct Equal opportunity and fair treatment for all employees. Everyone should feel welcomed when they are in this place of establishment and free of harassment, bullying, and discrimination. Confidentiality All Starbucks related information must stay within the company and cannot be shared outside of the company. If an employee leaves, all materials and properties must be returned. Personal information of customers must be strictly protected. Competition Fair competition laws are used to promote competition in a free market. Practices may include not discussing pricing, production, or markets with competitors. Giving and receiving gifts Accepting gifts/favors should not be accepted if it might create conflict. It can be seen as an attempt to influence or bribe.
Insider trading Partners should be aware of “material nonpublic information.” Partners may not buy or sell stock while they have this information. Social media usage It is advised not to spread false information, rumors, or misleading claims. Doing so can hurt the company’s reputation as well as the employee, making it less likely that another company will hire you. Disparagement Starbucks lives up to its standards and expectations. They deliver what they promise. They place a strong value on their reputation with customers. 3. Based on the evidence seen in part 2, write a 5-7 sentence paragraph describing whether the company’s ethical code describes an ethical minimum (legal compliance) or a higher ethical standard. Support your answers with specific examples from the code of ethics. Starbucks seem to have a higher ethical standard than most companies. The brand is well- known internationally so the standards that are set in place are very firm and solid. They do well to maintain good quality product while providing stellar customer service. In order to have so many successful locations, the employees that work for Starbucks must comply with the code of conduct that has been established. Starbucks does well rewarding its employees and encourages them to perform their best. 4. Based on the evidence seen in part 2, write a 5-7 sentence paragraph describing what kind of culture the company seems to have based on the competing values framework (adhocracy, clan, market, hierarchy). Write 5-7 sentences supporting your answer with specific examples from the code of ethics. It seems like Starbucks operates under a clan culture. With their strong sense of community and belonging, they really foster the idea of working together to make a difference. Starbucks encourages collaboration and togetherness amongst the team. The employees are often referred to as “partners.” There is a small sense of market culture, as well. Their competitive drive focuses on gaining the most profit and growing their brand recognition. 5. Based on the evidence seen in part 2, write a 5-7 sentence paragraph describing what
ethical theory they seem to follow (virtue ethics, utilitarianism, or deontology). Support your answer with specific examples from the code of ethics. Many large corporations use a mix of ethical theory styles. Starbucks likes to use a mixture of utilitarianism and virtue aspects. They frequently observe their situation before making a decision. A decision which should benefit most, if not all, parties. Virtually, they also consider social and environmental responsibility. Starbucks strives to continue aligning their ethics as having strong virtue. 6. Based on this organization’s code of ethics, write 2-3 sentences in response to each question. Do you feel they are reasonable and employee- centered? Yes. They seem to really care about the well-being of their employees. It is important that the staff feels like all of their hard work does not go unnoticed. Do any of the policies give you concern? No, their policies do not concern me. Starbuck has been around for a long time, so it is likely that they have revised the policy enough to suit all parties. Would you want to work here? Why or why not? Starbucks seems like a great job to have. There are ample opportunities, plenty of hours, and great benefits. I believe there is also a program for paid tuition. What additional information would you find useful before making a decision to work here or not? I would like to work for Starbucks at a corporate level. So, what are the chances of getting to that level by starting at retail? Also, what other things does Starbucks do for its employees? Do they have any special gathering or events that could possibly help each franchise grow its business? Step 3. Refer to the checklist below throughout the writing process. Do not submit your Touchstone until it meets these guidelines. Did you select a code of ethics from the ones listed above and read it carefully in its entirety? Did you locate each topic in the code of ethics and describe it in your own words? Did you answer all of the subsequent questions using both language from the code of ethics and the concepts and terms covered in the tutorials?
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Did you meet the length requirements for each question? Did you review the rubric and compare your assignment with the rubric to ensure all elements have been addressed? Did you read through your assignment to ensure no grammar errors exist? Did you use spell check?