Starbucks - Role of Ethics and Compliance

Starbucks

Starbucks is a very well-known company that has been doing well-financially and growing globally. Starbucks is popular for making fresh coffees and teas, but they are also popular for making their customers feel at home. They are also well-known for their role in ethics and how-well they treat their employees by offering abundant benefits.

Role of Ethics and Compliance

Starbucks went from a small company to a major corporation. Today they have more than 17,000 stores nationwide, which shows how much success they have had over the years. Just like anything in this world that is good it has the potential to be bad or a better term is to practice unethical methods. As corporations grow and expands it opens the door to unethical practices because of greed. Looking at their financial records shows they are in a healthy state with high profits, but sometimes it's not enough. They will hire new employees or current employees who have the wrong intentions and will try to get over the company and society. Employees have a copy of the business conduct that calls out the meaning of ethical behavior and actions of integrity. Also all employees will have some type of training to make sure they understand the day and life of a Starbucks employee. With Starbucks been all over the world they have different faces and backgrounds representing the company, so they want to make sure that everyone is treated fairly internally and externally.

Starbucks Corporation lives by this simple statement "it's our goal for all our coffee to be under the highest standards of quality, using ethical trading and responsible growing practices". (Starbucks, 2011) This is a very powerful statement that proves to the world they will apply ethical practice in every part of their business. As they are doing many trading there are options to use the wrong judgment, because it could increase their profit. Starbucks has a strict code of ethics and governance polices that they expect all employees of the organization to follow. They have made a comment to keep integrity, honesty, and ethical behavior is there top priorities regardless of what state the finances are in.