Question
can someone reword the above short essay Starbucks is in compliance with the Sarbanes-Oxley Act of 2002 which drives accountability and transparency of key processes
can someone reword the above short essay
Starbucks is in compliance with the Sarbanes-Oxley Act of 2002 which drives accountability and transparency of key processes within the company. Starbucks employees are non-disclosed when it comes to the securities of Starbucks, each employee and stock holder has access to material considered as non-public and are required to keep this information confidential. It is necessary to do more than review an organizations policies on ethics and values. Compliance with the standards that are written in the policies is prudent for the organization to be ethical. A company or organization can not be successful long term if it is not ethically complying with its policies. Conducting business in an ethical manner and always trying to do what is right is the key to Starbucks success according to its (2016) website. Starbucks has three commitments that are ethically sourcing coffee, community involvement, and environmental awareness that it adheres to for it to be ethically compliant.
Issues and concerns that stakeholders have with Starbucks being compliant with SEC regulations as well as general company concerns are covered in the fiscal reports generated. Starbucks ensures that these issues and its three commitments are addressed in the fiscal reports. The Starbucks company website provides to anyone visibility to their policies on diversity in the workplace, sourcing, stewardship in the environment, and SEC regulation compliance.
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