Starbucks Ethical Ethics

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Starbucks is considered one of the world’s most ethical companies. (Smith,2012). In my opinion, Starbucks is doing business in the ethical way through community, diversity, environment, wellness and sourcing. The mission of Starbucks is “ to inspire and nurture the human spirit-one person, one cup and one neighbourhood at a time”. Starbucks even has a separate mission statement dedicated to the environment, which states, “Starbucks is committed to a role of environment leadership in all facets of our business.” This mean that Starbucks understanding environmental issue and caring about it. A company that can achieve high profit and enhanced shareholders value by involved business in an ethical manner. For example, customer are willing to pay a higher price for a product if they know that they are supporting a company is socially responsible. Starbucks sell and use environmentally friendly products which customers won’t feel bad about paying more for a cup of coffee. I think that Starbucks as a clever way to justify higher prices for its products. But in my own opinion charge a high profit margin is an ethical act to their shareholders but it also could be an unethical to charge a high price to consumer.…show more content…
The “ City of Entertainment” is provide entertainment to people. Although Genting Malaysia Berhad provide casino, but in my opinion, I think it is an ethical company. Casino that provided is good to people especially business man to reduce stress and is a kind of entertainment. Many tourist come to Malaysia after Genting Malaysia Berhad is develop. This bring the famous of Malaysia and many foreign visit to Malaysia that lead to currencies of Malaysia increase. It is an ethical practise of Genting Malaysia Berhad which bring many benefit to people and country. Besides this, Genting Malaysia Berhad care about environmental , social responsibility and
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