New Harvest Coffee goes Beyond Fair Trade What're the benefits and drawbacks of treating coffee as a commodity in the marketplace? what will be the predicted future of fair trade? Should the entire coffee market be regulated? in what ways? How would New Harvest change as a business if it made an initial public offering?
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New Harvest Coffee goes Beyond Fair Trade
What're the benefits and drawbacks of treating coffee as a commodity in the marketplace? what will be the predicted future of fair trade?
Should the entire coffee market be regulated? in what ways?
How would New Harvest change as a business if it made an initial public offering?
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- What role does corporate social responsibility play in Ben & Jerry’s business model? Should Ben and Jerry have continued to operate Ben and Jerry’s as an independent company, rather than selling it to Unilever? What were the pros and cons of going forward with the sale? How can Ben & Jerry’s justify the concept of a triple bottom line—profits, people, and planet—to company shareholders?What is CSR, and why is it important? Thinking about the organization where you work or one you are familiar with, how does the company engage in CSR? Does it do all that is reasonable to do? Why or why not? in OpenstaxWhat CSR practices are implemented by Marriott Hotels ?
- How would a utilitarian, a liberal, and a libertarianeach determine how much income inequality ispermissible?Explanation: Discuss how ethics affects the success or failure of entrepreneurs.Suppose your city is debating a change in policy from illegal use to legalizing recreational use of marijuana and cannabis products. Your local officials ask you to identify the appropriate aspects required to perform a cost- benefit analysis of this policy change. Using the principles of cost-benefit analysis, your local officials need help in identifying and understanding the benefits to consumers, the benefits to producers, total costs to consumers, total costs to producers, total costs from possible externalities, opportunity costs, incommensurable effects and intangible effects. For simplicity, dynamic time effects, which involve discount rates, are ignored. Following the principles of cost-benefit analysis, are the possible positive health effects (a positive externality) accounted for in cost-benefit analyses? O No. The health effects do not factor into cost-benefit analysis. O Yes. The health effects should be estimated but are a transfer and thus ultimately do not count…
- WHAT IS THE ROLE OF BUSINESS IN SOCIAL AND ECONOMIC DEVELOPMENT? WHAT IS FOUNDATION OF THE PRINCIPLES OF BUSINESS ETHICS? WHAT IS SOCIAL RESPONSIBILITY OF ENTREPRENEURS? WHAT IS BUSINESS BEYOND PROFIT?Why do some firms, industries, and cultures have different CSR thresholds than others? What are some examples of firms, industries, and cultures with different CSR thresholds?Are the CSR activities required for every business and organization? Can some businesses stay in the market without implementing any CSR activities?
- (b) Entrepreneurs like Mark Zuckerberg of Facebook and Elon Musk of Space X have taken risks to build to their businesses and been successful at it. The fundamental premise for their success mostly hinges on the ownership of private property and free market forces. Identify and describe the type of theory of justice applicable in these cases.Before responding to the questions below ask yourself the following: 1) is it true that “…doing what's best for society necessarily means sacrificing profits,” 2) are shareholders the only important and influential stakeholders in deciding how best to pursue corporate objectives, and 3) is government regulation, supplemented by self-regulation and civil society, the most effective way to strike a balance between profits and the public good? Based on your individual conclusions regarding the above, answer the following questions: Are profits and the general welfare basically incompatible? Why or why not? If you believe CSR requires the sacrifice of some amount of profit, what amount is appropriate? Is that amount the same for all firms in all industries? How should the CEO decide?What type of business incorporates proactive CSR into the companies foundation believing that a company should accomplish more than just making money for owners and investors?