The fact that Starbucks wants to make a difference in the global coffee industry

Question

The fact that Starbucks wants to make a difference in the global coffee industry even though it buys a small portion of the world's coffee illustrates their commitment to:

a. Utilitarianism

b. Profit Responsibility

c. Social Responsibility

Starbucks' efforts to focus on where their products are "sourced" would support which concept of social responsibility?

a. Moral Idealism

b. Universalism

c. Societal Responsibility

Which of the following is not an example of the financial benefits of acting as a socially responsible company?

a. Attractiveness to Investors

b. Customer loyalty

c. Ease in obtaining financing

d. Loyal employees with low turnover

e. Conserving resoucres to reduce wastes

Explanation / Answer

The fact that SB wants to make a difference in the global coffee industry even though it buys a small portion of the world's coffee illustrates their commitment to Utilitarianism.

This is because despite owning a small portion of the entire coffee worldwide, SB still wants to serve customers worldwide with quality coffee and to further make a difference by maximizing its utility.

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