As a Values-Based Business, in 2008, Starbucks Founder Howard Schultz

question 12

Multiple Choice

As a values-based business, in 2008, Starbucks founder Howard Schultz resisted the call of investors to ______.

• A)reduce the number of Starbucks franchises
• B)eliminate plans to expand globally
• C)cut back substantially on health-care coverage for his workers
• D)significantly downsize his workforce

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Definitions:

Paper Money

Currency in the form of paper notes, issued by the government or central bank, representing a claim on the issuing country's government.

Gold

A precious metal that is used as an investment, a hedge against inflation, and in various industrial and jewelry applications, known for its value retention over time.

U.S. Currency

The money that is legally in use in the United States, consisting mainly of Federal Reserve Notes (dollar bills).

Federal Reserve

The central banking system of the United States, responsible for monetary policy, including regulation of money supply and interest rates.