Strategic Management Exam One September 27th‚ 2010 CARIBOU COFFEE: EXTERNAL ENVIRONMENT Industry Structure: Caribou Coffee’s business is in the industry of specialty coffee‚ where high quality of coffee is a main characteristic. Hence‚ Arabica coffee bean is mainly roasted to produce specialty coffee as it is considered superior to its counterpart‚ the Robusta‚ which is usually low-quality bean used in production of non-specialty coffee. High-quality Arabica bean provides a mild aroma and
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Strategic analysis of Caribou Coffee Company 1. INTRODUCTION OF CARIBOU COFFEE COMPANY The company was founded in 1992 in Minnesota‚ which is the second largest company owned gourmet coffee house based on the number of coffee houses in USA. The company has focused on high quality products and offering the customers high quality gourmet coffee‚ beverages‚ teas‚ baked goods‚ whole bean coffee‚ branded merchandise and related products. It also sales its products to grocery stores‚ mass merchandiser
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Caribou Coffee was in a difficult situation in 2013‚ facing declining sales‚ over 80 store closures‚ and scrutiny of the company on social media following the store closures‚ according to Forbes.com. Forbes cites that Caribou did little to communicate clearly which locations were closing‚ the reasons behind the closures‚ and what‚ if any‚ employee placement assistance was provided to the employees of the shuttered stores. The company Facebook page was ridden with negative user comments following
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| Introduction The Caribou Coffee Company is a company based out of Minneapolis‚ MN with almost 500 Company-owned locations. With locations in 16 US states and the District of Columbia‚ as well as in several countries outside the United States. The company policy stats‚ does not discriminate based on race‚ creed‚ color‚ religion or sexual orientation. Our benefits package includes domestic partner benefits for those employees who work more than 20 hours per week. The Fazer Group
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Chapter 4 The External Environment The Environmental Domain Organization Environment is composed of all elements that exist outside the boundary of the organization that have the potential to affect all or part of the organization. Its domain is the chosen field of action. The environment comprises several sectors or subdivisions of the environment that contain similar elements (ie. industry‚ raw materials‚ human resources‚ market‚ technology‚ financial resources‚ economic conditions‚ government
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The External Environment: Opportunities‚ Threats‚ Competition‚ and Competitor Analysis The external environment affects a firm’s strategic actions. For the example‚ when Philip Morris International (PMI) joint venture with Swedish Match AB‚ PMI distribute smokeless tobacco in multiple global market. A firm’s external environment creates the opportunities (opportunities PMI to enter the smokeless tobacco market) and threats (the regulation in its market reduces the consumption of PMI’s tobacco
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Chapter 2 The external environment: Opportunities‚ threats‚ industry competition and competitor analysis Knowledge objectives 1 Explain the importance of analysing and understanding the firm’s external environment 2 Define and describe the general environment and the industry environment 3 Discuss the four activities of the external environmental analysis process 4 Name and describe the general environment’s six segments Knowledge objectives 5 Identify the five competitive forces
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play a role‚ the vast majority of the highly successful business people I’ve met over the past 25 years do one thing in common – and they do it extraordinarily well. They monitor their business environment to predict future market trends. They analyse external forces‚ such as their competitive environment‚ economic conditions‚ technological possibilities‚ political and legal forces‚ changes in demographics‚ seasonal factors‚ as well as shifts in social behaviour”. Basically they engage their crystal
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The External Environment All outside factors that may affect an organization make up the external environment. The external environment is divided into two parts: ● ● Directly interactive: This environment has an immediate and firsthand impact upon the organization. A new competitor entering the market is an example. Indirectly interactive: This environment has a secondary and more distant effect upon the organization. New legislation taking effect may have a great impact. For example‚ complying
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External Environment influence organization Introduction: Each organization has their own organization structure and strategy to help them get their organization’s goals. Therefore managers of organization should to design and choose the structure and strategy that fit for different types of organization to get the goals. However managers should according to the external environment to make decision for the organization. The external environment will influence the organization’s choose‚ if the
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