Contents

• Introduction 3
• Corporate Social Responsibility 4
• Theories of the Four - Parts Model of CSR 4
• Application of the Four - Parts Model of CSR 5
• Business Ethics and CSR 7
• Theories of Business Ethics and CSR 7
• Application of the Theories on the Challenges Facing the Organization 9
• Conclusion 10
• References 12

Description

Corporate social responsibility (CSR) has been identified as a modern business deliberate tools to reply the social requirement as well as companies ecological system. The significance as well as the consequence of CSR has been modified from quite a long period of time. At the beginning, CSR was the commitment to follow business rules and regulations along with the settlements supported on the advantageous purposes and principles of the public. As time changes the meaning of this phrase also got modified and in the present day’s corporate social responsibility is considered as business sustainability and business nationality (Limited,Kaplan Financial , 2012). The given paper is related to the four part model of CSR and the study will be conducted in order to highlight the importance of the application of this CSR Model and also different business ethics of the Starbucks Company. There are different models of CSR and the one which has been selected for the given study is related to the Carroll’s four-part model of CSR. In order to show the practical implications of the four part model of CSR as well as the business ethics Starbucks Company has been selected. Starbuck Coffee Company was incorporated in the year 1971 which was the first retail store opened in Seattle’s Pike in the US. The Company mainly deals with three different kind of product which are drink, foodstuffs along with the nutrition. Starbucks operates trade by accountability as well as carrying out its own process which are offering faith and admiration from its clients and fellow citizens. Like this, manner, they set a tag line named as shared planet which means Starbucks which give importance on moral sourcing, ecological stewardship as well as the peoples participation. Furthermore below company’s workings, it also believes assisting the high-quality place of work for associates or employees inspiring moral company practices and preserving lawful fulfillment, corporate governance as well as also public strategy (Harnrungchalotorn, no.date).