Three in particular could have a huge impact on Starbucks and its shareholders. Risk Based Approach. Other stakeholders include customers and the community in which it is located. Answer (1 of 4): Every company (NOT only STARBUCKS) operates in the interests of it’s company stockholders (to make the Stockholders $$$$ in dividends, for utilizing the stockholder’s investment long term $$$$ in their company when the stockholders buy company shares on the stock market daily. stakeholders and where appropriate, act on the input even if it means making changes to the company’s business plans. How does Starbucks address the interests of its ⦠stakeholder power-interest matrix (for detail see Fig. • We respect the values and culture of each stakeholder. They can directly impact decisions or successes of an organization through: There are two types of stakeholders: internal stakeholders and external stakeholders. Stakeholders (such as volunteers, donors, and vendors) influence your ability to fulfill your mission; they are also the people (such as beneficiaries, partner organizations, and the community) who experience the consequences of your choices and actions. Ever since COVID-19 spread across the globe, offices closed, travel ground to a halt, and over 95% … Cher Scarlett. Shutterstock. Clearly understanding your project stakeholders can help you gain buy-in and execute your project more effectively. Freeman’s theory states the way to a successful business is to keep every stakeholder happy and find where all their interests intersect, while still doing what is ethically correct. Starbucks Coffeeâs Organizational Structure & Its Characteristics External stakeholders are entities not within a business itself but who care about or are affected by its performance … Which of the following are Starbucks' stakeholders? Starbucks and his communication strategy Starbucks Starbucks Analysis | Competitive Analysis,SWOT Analysis Martina Vannevel. Which of the following are Starbucks' stakeholders? plastic-cover manufacturers. Coffee The primary and secondary stakeholders of starbucks Starbucks Coffee Company supports its competitive advantages through the characteristics of its corporate structure. Importance of Corporate Social Responsibility Starbucks prides itself in awarding rewards to its stakeholders and it delivers in each of the areas. One of the main reasons for Starbucks China striving for FSSC 22000 certification was to establish a standardized food safety management system.