Choose a company to do your research on Paper Example | Topics and Well Written Essays - 1500 words

Choose a company to do your on - Research Paper Example Starbucks considers six guiding principles in accomplishing its mission. These principles include providing an idyllic work atmosphere and equal opportunities to workers. In addition, Starbucks embraces diversity as a way to do business, applying maximum standards to sourcing, roasting, and unsullied delivery of coffee to its consumers. Moreover, Starbucks aims at, â€Å"developing enthusiastically satisfied consumers, contributing positively to the communities and also recognizing that success is necessary for profitability† (Starbucks Global Responsibility Report, 2013). Starbucks has evolved in its commitment and has grown to promote environmentally and socially dependable practices that have resulted to its success. Starbucks considers social and environmental responsibility as an essential part of neighborhoods, as well as, business. Starbucks grant loans to people in need and also lengthens its emphasis on a range of programs that sustain and support cultural diversity. Starbucks is committed to preventing workplace injuries through rules placed to ensure safety of its workers and consumers; for instance, the introduction of digital brewing equipment such as espresso machines at Starbucks has reduced burns in workers (Starbucks Global Responsibility Report, 2013). Employees and customers are one of the most essential resources to Starbucks. All employees at Starbucks are eligible for Starbucks benefits and health care package, on top of a preliminary wage which is over the minimum wage. Moreover, the company endeavors to tender environmentally-s afe products. Starbucks makes noteworthy contributions to the environment, charities, and the homeless and supports AIDS research. Financially, Starbucks has had solid returns and earnings. The Company has managed to maintain healthy operations whilst generating sufficient

Income Inequality Essay Example | Topics and Well Written Essays - 2500 words

Income Inequality - Essay Example The main reason he foresaw an evolution was due to the recurrent nature of income inequality. In an income inequality situation, the richer keep getting richer due to a better income, while the poor keep getting poorer. The gap between the top earners and the low-income earners keeps widening in an income inequality situation. In America, almost 95% of the national wealth is under 5% ownership; this situation leaves 95% of the population to scrounge for the limited 5% wealth (DeNavas et. Al, 2005). For economic inequality study, a family makes the ideal study unit. In the study, the family’s income is under analysis, and then the family members ranked from the lowest income earner to the highest income earner. After the ranking, the incomes aid in establishing a Lorenz curve that is important in analysis of income. In order for a Lorenz curve to be correct, the incomes of the family members have to be divided into fifths (Lorenz, 1905). A Lorenz curve enables analysis of data by adding the percentage value of the lowest fifth to the next higher fifth, which becomes the first point of the curve. The second point in the curve comes about through adding the first point to the middle fifth of the derived incomes. The process of plotting continues until exhaustion of all cumulative values of member incomes (Lorenz, 1905). For a perfect Lorenz curve, all members in a family would earn the same amount and the Lorenz curve would be a diagonal with the lowest point being the lower left hand corner moving progressively towards the higher right hand corner. This diagonal shows an ideal situation and it is the baseline in determining income inequality. Since not all family members receive an equal income, the Lorenz curve turns out as a curve instead of a diagonal. The area between the curve and the diagonal dictates the measure of inequality from one member of a given family to the next member (Lorenz, 1905). Income