Preview

star bucks

Best Essays
Open Document
Open Document
1743 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
star bucks
Star bucks ukessays.com /essays/international-business/star-bucks.php

1. INTRODUCTION
The following content is a case study on star bucks company one if the famous and well known coffee shop in the world. This case study highlights about the
· SWOT ANALYSIS
· PESTLE ANALYSIS
· PORTERS FIVE FORCES
The history of star bucks takes us back in the year 1971. It is a trade mark of (SBUX) in Seattle. In the start it was a purchaser and roaster of whole coffee beans. In the year 1970 the first star bucks out let opened which used to provide finest coffee and coffee related products to the thirsty people of Seattle.
In the year 1990 star bucks went global expanding in the United States and soon become a publicly traded company. In 2000 the company expended in more than 15000 outlets in around more than 15 countries. Starbucks mission statement is simple; to inspire and nurture the human spirit— one person, one cup, and one neighbourhood at a time

2. Swot analysis for star bucks
2.1 Strength
* The star bucks has a strong ethical values and also a strong ethical mission statement ‘Starbucks is committed to a role of environmental leadership in all facets of our business' a positive approach towards had made star bucks one of the no1 specialty retailer.
* The market share and capitalization star bucks owned £4596.6 million and sales growth by 20.9%
* Star bucks holds a strong position in the market wherein they have 8,500 shops owned by star bucks directly and also around 6,500 shops on franchises and licences with excellent workforce and management that provide excellent service to the customer
* In 2005 star bucks was one of the fortunes in 100 companies to work for this was mainly because of the well efficient organisation resource management.

2.2 Weaknesses:
* The key weakness of star bucks is their weakened innovation and creativity that has limited them to coffee and coffee related products
* As competitive pressure increases the lower

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Billabong Case Study

    • 320 Words
    • 2 Pages

    In 2000, the company was listed and had sales of $225 million, growing to $1.7 billion in 2011.[5] Profits of $249 million were achieved in 2007.[5]…

    • 320 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Marketing Plan: Phase 1

    • 1630 Words
    • 7 Pages

    Starbucks is the existing organization for the marketing plan. The first Starbucks opened in 1971. The company was located in Seattle’s historic Pike Place market. Starbuck has always offered some the world’s finest fresh-roasted whole bean coffees. Moby Dick inspired the owners for the name. Howard Schultz joined Starbucks in 1981, he walked in tasted his first cup of Sumatra and was hooked. Howard’s travels to Italy captivated him with Italian coffee bars and the romance of the coffee experience. Starbucks coffeehouses are number one with most coffee lovers. They only purchase and roast high-quality whole bean coffee. One can receive genuine service, in and inviting atmosphere. Customers come to Starbucks to chat, meet up and work. The company does not only sell coffee they also have a selection of premium Tazo teas, fine pastries, music, and other treats (Starbucks, 2011).…

    • 1630 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Just as stated its business in 1995. It is considered to be the pioneer in the Fair Trade coffee roaster. The main focus was to place the people of the planet before profit. It was a new dimension to the business world with a message that the business could be done in a different way. They wanted to form a connection between the small scale organic coffee farmers and the consumers. Later they want to expand their business to tea, chocolate and sugar etc.…

    • 530 Words
    • 3 Pages
    Good Essays
  • Good Essays

    brands in the UK and Europe, operating through 278 stores across 8 different countries with a mass selling space…

    • 5262 Words
    • 37 Pages
    Good Essays
  • Good Essays

    Company’s net income increased from $21.6 million in 2004 to $141-156 million in 2010. It attracted 1.6…

    • 741 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Starbucks celebrates 40 years with 17,000 stores in more than 50 countries (Goals & Progress, 2010). Starbucks thrive on their values as a company to improve the lives of people who grow their coffee, neighborhoods where the company does business, and they care for the environment (Goals & Progress, 2010). Starbucks strives to incorporate good business practices and ethics across the globe not only for the enhancement of the company but also for the enhancement of the stakeholders and the communities the company impacts. Starbuck’s mission statement is “to inspire and nurture the human spirit. As said by Howard Schultz, Chairman, President and Chief Executive Officer, in the 2010 Starbucks Global Responsibility Report; “one person, one cup and one neighborhood at a time.”…

    • 1633 Words
    • 7 Pages
    Better Essays
  • Good Essays

    The Milwaukee Bucks

    • 937 Words
    • 4 Pages

    The Milwaukee Bucks are a American NBA Basketball team based in Milwaukee, Wisconsin. They play in the Central Division in the Eastern Conference. The team was founded in 1968 winning their first and currently their only championship title in the year 1971. They play in the BMO Harris Bradley Center in downtown Milwaukee. A couple Hall Of Famers from the team are: Kareem Abdul- Jabbar, Ray Allen, Oscar Robertson, Sidney Moncrief and Terry Cummings. They have also won 2 conference titles and 13 division titles and are valued at a $600 Million franchise…...Review by John 1/26 at 12:56…

    • 937 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Mba 590 Final Assignment

    • 8802 Words
    • 36 Pages

    annual sales of $3 billion, operating cash flow of $1.3 billion, and ending assets of $12.2 billion. (2002. CA…

    • 8802 Words
    • 36 Pages
    Powerful Essays
  • Powerful Essays

    Starbucks Red Flags of Fraud

    • 2320 Words
    • 10 Pages

    This paper will provide an overview of Starbucks Coffee Company and identify seven red flags of possible fraudulent behavior within the organization. Steps to design a fraud prevention program will also be discussed based on the identified red flags.…

    • 2320 Words
    • 10 Pages
    Powerful Essays
  • Better Essays

    Starbucks first opened in 1971 in Seattle historic Pike Place Market owned by three partners Jerry Baldwin, Zev Siegel, and Gordon Bowker. During the first decade, Jerry Baldwin, Zev Siegel, and Gordon Bowker sold high-quality coffee beans and equipment a skilled learned from coffee roasting entrepreneur Alfred Peet. In 1982, entrepreneur Howard Shultz joined Starbucks taking the role of Director of Retail Operations and while visiting Italy, Howard Shultz experience the Italian “coffee culture” where patrons sit around tables enjoying themselves while drinking coffee, socialize, and spend time in relaxation. Shultz believed the Italian “coffee culture” could serve the same purpose in United States, and incorporating…

    • 1232 Words
    • 5 Pages
    Better Essays
  • Good Essays

    The mission of Starbucks is to "to inspire and nurture the human spirit - one person, one cup and one neighborhood at a time." Further, it shows concern about the environment and has an environmental Mission Statement: "Starbucks is committed to a role of environmental leadership in all facets of our business". Further the Starbucks website claims that its stress will be on the quality of coffee, it calls its employees its partners, that it will connect with its customers, create a sense of belonging with its customers and take its responsibility to its neighborhood seriously. In accordance with its mission, Starbucks has created a culture where they create an atmosphere. The culture is that of focusing on customer satisfaction. In addition, the employees seek to enhance customer experience and provide higher value to the customers. The employees seek customer feedback. The culture emphasizes customer care in such a way that customer choice ultimately shapes the strategy of the company (Fellner). K, 2008). The culture seeks to build close relations with customers and this leads to the building of a customer base. Starbucks builds its culture by first training its new employees on ethics, ergonomics, safety, legal compliance and hands-on-training. The mission statement, customer service and corporate culture are communicated to new employees during their training. The mission statement is so well engrained in its employees that it becomes guidance for decision making. The employees also cherish the Starbucks experience. The culture of Starbucks has some positive effects. It has a lower turnover rate of employees and improve the level of ethics n the employees. The company has plans to conduct business n an ethical manner through ethical sources of coffee, environment protection, and social involvement of Starbucks. Starbucks has used the strategy of…

    • 802 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Star TV’s attempt to expand into the global media television market was given as an example of a failed initiative due to the lack of focus on dimensions of distance between foreign markets. Star TV was founded in 1991 with a mission to deliver television programming to Asian audiences. Their motivation was that they perceived the Asian audience as being starved for diverse media choices. Star projected that English language programming would transition into the Asian culture, especially with the socio-economic elite (top 5%). The strategy to gain a competitive advantage over broadcaster was to use satellite technology to transmit programming.…

    • 591 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Values: Starbucks is focused on humanity. It strikes a balance between profitability and social conscience by ethical sourcing of coffee beans, environmental stewardship and community involvement (Eg. In places where coffee beans are grown and neighbourhood community of their stores).…

    • 3090 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    Jyoti Laboratories

    • 2082 Words
    • 9 Pages

    Sales staff of over 1,800 people servicing approx. 3,500 distributors Field staff have a direct reach of ~ 1 million outlets…

    • 2082 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Star Bucks

    • 13235 Words
    • 53 Pages

    Economic Analysis for Business Decisions (EABD) MGT 502 2 The primary objective of this course is to develop the abilities of students to apply fundamental principles of economics to a wide range of managerial decisions. The focus of this course will be on understanding the theory and principles of microeconomics for applying the same in the real world issues and to take managerial decisions. The students are expected to leave the course with a strong hold on how the tools of microeconomics can be applied to take appropriate managerial decision making.  To help the students to understand the behavior of various economic agents and to analyze and explain the application of economic concepts like elasticity of demand, economies of scale and economies of scope in managerial decision making.…

    • 13235 Words
    • 53 Pages
    Good Essays

Related Topics