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Part 1: Journal Article Pick one of the following terms for your research: codes of conduct code ...


Part 1: Journal Article Pick one of the following terms for your research: codes of conduct code of ethics value statement balanced scorecard triple bottom line DEFINITION: a brief definition of the key term followed by the APA reference for the term; this does not count in the word requirement. SUMMARY: Summarize the article in your own words- this should be in the 150-200 word range. Please provide the key takeaways from the article. DISCUSSION: Using 300-350 words, write a brief discussion, in your own words of how the article relates to the selected chapter Key Term. A discussion is not rehashing what was already stated in the article, but the opportunity for you to add value by sharing your experiences, thoughts and opinions. This is the most important part of the assignment. REFERENCES: All references must be listed at the bottom of the submission--in APA format. Part 2: Case study Research Starbucks, answer the following questions, and be sure to cite your sources: 1. What impact do you think recyclable materials will have on the sustainability goals of Starbucks? 2. Is Starbucks unique in being able to provide a high level of benefits to its employees? 3. Do you think that Starbucks has grown because of its mission to put people ahead of profits or because of innovative ideas like online ordering and global roasteries? Answer the corresponding questions (2 pages minimum). This is a critical thinking assignment, no references are required. Part 3: 100-word response No references are required. Respond to the following,100-word minimum: Stakeholder According to Freeman, stakeholder means ‘any individual or group who can affect or is affected by the achievement of the organization's objectives.’ and stakeholder approach identifies the respected stakeholders of the business entity and provide due regard to the interests of those groups. Audit Committee Audit Committee is a group of financial experts who examines the organization's financial situation and ethical compliance. They play a vital role in overseeing the company's business practices and protecting stakeholder interests. Any fraud detections by the audit committee should be made aware to the whole organization and remediated for profitability and sustainability in long term. Stakeholders input in Ethics Audit For audit to be successful, goal of the audit should be transparent to all parties then each stakeholders should feel they are part of the organization by actively securing their inputs through questionnaire, surveys & discussions and finally the outcome of audit should be updated to whole organization. Audit committee can bring significant benefits to the organization by not only providing accurate and reliable financial reporting but also overseeing nonfinancial (sustainability) reporting for stakeholders at large. Sustainability report should focus on ethical aspects, social, environmental and safety & health information which the stakeholders would use to base their decisions. In modern business environment, it's the rights of stakeholders to be part of ethical audit and boards must be responsive and responsible to them.  Conclusion Stakeholders provides business the license to operate which in turn gave rise to notions like corporate citizenship and triple bottom line reporting. If organizations adhere to business ethics and engage stakeholders during audit, fraudulent financial reporting and other irregularities can be prevented. For the above stated reasons, it would be important to engage stakeholders during ethical audit for significant benefits of the company and also contribute to the improvement of stakeholder interests.



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