Brewing excellence‚ One cup at a time. Keurig in Dutch means excellence. It is the leading single cup brewing system in North America. The U.S. annual per capita consumption of coffee was estimated to be 424 servings‚ which included in-home and out-of-home roast and ground‚ instant‚ and ready-to-drink (bottled/canned) coffee.2 The total coffee market in 2008 was estimated to be 1.8 billion pounds‚ or $19.3 billion. 3 While specialty coffee was only about 17 percent of total
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This essay discusses the challenges of corporate social responsibility (CSR) faced by the Keurig Green Mountain Coffee Company. Keurig Green Mountain Coffee Company’s values are; "We brew a better world-We use the power of business to make the world a better place." It’s mission is "A Keurig® brewer on every counter and a beverage for every occasion." Having a Keurig coffee brewer on ever counter is a frightening proposition for the Keurig machine’s inventor and a number of users that have woke
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Case Study – Case 6-7: Keurig‚ Inc. Toni Mardry MKT/575 April 29‚ 2012 Matt Mardoon * * Introduction Keurig‚ Inc. was founded on “excellence”‚ which is the Dutch meaning of its name‚ and the innovative principle of allowing consumers to be able to make a single excellent cup of coffee whenever they wanted it at home or work with their K-cup single cup brewing system. The Keurig system was such a hit in offices that the company knew the next step was to position themselves to sell
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Keurig at Home ”Case Study#3” 20 million Americans drank gourmet coffee daily in 2003. As a result of this amount of coffee lovers that can’t start their day without coffee‚ Keurig. Inc had the idea that they should be able to brew their own perfect cup of coffee any time they need. People started paying $1.50 or more for a cup of gourmet coffee at coffee shops like Starbucks. This gave Keurig. Inc the idea of offering coffees in a single-cup proportion size to offices. After the placement of
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invest in Keurig in 1993. At the same time the company had gone public where Green Mountain would change the way coffee at home and at work was made. It was where the Keurig Single Cup Brewing System would take off. Keurig is well-known as a lead innovator in specialty coffee and coffee makers where its brewing technology and award-winning coffee is in the top ranks with others like Starbucks‚ Peet’s Coffee‚ and Coffee Bean. In order to stay strong with other brands and competitors‚ Keurig has distribution
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The purpose of the Keurig case is to give you the opportunity to recognize the concepts from Chapter 1 in a specific industry and organizational context. Our case discussion should begin to make the concept of competitive advantage more tangible. Also‚ you should start to get a sense of the kinds of data that are useful in internal and external analysis and how it can inform a firm’s strategy. Case Discussion: The question is: Keurig’s competitive advantage? Be prepared to discuss your
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Mountain Coffee Roasters‚ Keurig Coffee Website :: www.greenmountaincoffee.com‚ www.gmcr.com‚ www.keurig.com Industry :: Processed & Packaged Goods- Coffee Makers Background & History Green Mountain Coffee Roasters‚ Inc. (GMCR) was founded in 1981 as a small café and combined with Keurig in 2006 (About GMCR‚ 2004-2009). GMCR produces specialty coffee and coffee makers; Keurig is the maker of a single cup coffee maker as well as specialty teas and coffees. Keurig was founded in 1998 on
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KEURIG AT HOME CASE ANALYSIS Main Problem: Keurig Inc.’s main concern is how to obtain the position they want in the at-home coffee market segment without losing their share of the office coffee segment (OCS) and while maintaining their gourmet coffee quality. They have less than six months to launch the product‚ and very limited budget for production costs and expenses‚ and for changing the curent portion packs. There are two strong competitors in the away from home market‚ Filterfish‚ and Flavia
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Keurig coffee machines are ubiquitous in office kitchens as well as homes around the world. Keurig’s signature “K-Cups” are found everywhere‚ ranging from supermarkets‚ convenience stores‚ and even online. However‚ the K-Cup has drastic effects within the environment‚ and a handful of companies and nonprofits have cracked down on K-Cups’ environmental sustainability. The lifecycle of a K-cup is important to analyze when considering its overall environmental impact. The plastic cup is produced from
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1990‚ the Keurig has slowly been finding its way into more and more homes. This is due to many factors about the invention. The Keurig has the ability of making exactly one cup of coffee in the size wanted‚ at a much faster time than traditional methods. Even if you are not looking for one cup‚ the Keurig can brew a whole pot of coffee in record time. It can also make many more drinks as well‚ not just coffee. With these ideals and how easy it is to use‚ who wouldn’t want a Keurig in their home
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