Starbucks Case Facts: * Founded in 1987 in Seattle‚ Wash by Howard Shultz * World premier roaster and retailer of specialty coffees * As of April 2010: 8‚812 company owned stores‚ and 7‚852 licensed stores in more than 50 countries and annual sales of about $10 bil Company Background * Start in 1971‚ 3 academics: Jerry Baldwin‚ Zev Siegal‚ and Gordon Bowker opened Starbucks in the touristy Pikes Place Market in Seattle each invested $1‚350 and borrowed $5K from the bank
Premium Coffee Starbucks
external‚ customers. Moreover‚ Starbucks uses the bean stock to improve their operations through many decades. In the year 1991‚ Starbucks was the first U.S. privately owned coffee company in the history to offer stock options called “bean stock”. The current CEO of Starbucks is Howard Schultz‚ he replaced Jim Donald to turn Starbucks around from struggling in the coffee world and he is now currently focusing on the Internet projects for the company‚ also managing Starbucks with the stock-option called
Premium Starbucks Howard Schultz Public company
OMPANyCaSe Beano’s Całe: n Egyptian Flavor COMPANY ~car"lO’S BACKGROUND Cafe‚ one of the most successful and popular cafe chains in =~ypt. has branches throughout the country‚ including locations in ::" ro. Alexandria‚ and Giza. At Beano’s‚ customers can enjoy excele- quality coffees‚ soft drinks‚ shakes‚ and infusion drinks‚ as " as a wide variety of sandwiches‚ hot meals‚ and desserts. Beano’s Cafes aim is to offer its customers a convenient‚ relax-9 place where they can purchase food
Premium Marketing
Katie Decker Starbucks Culture The world-wide craze known as Starbucks that has swept the nations had a very humble beginning. 1971‚ deep in the Seattle’s Pike Place markets‚ a small store was set up for roasting and retailing whole bean and ground coffee‚ tea and spices. Starbucks’ name was inspired by Moby Dick’s character in remembrance of the romance of the seas and early coffee trading traditions. This inspiration comes from the actual history of coffee‚ dating all the way back to the fifteenth
Premium Coffee Starbucks
Starbucks Corporate Citizens of the World There is currently a robust and ongoing debate about whether a companies‚ especially a publicly traded companies‚ only goal should be profit. Making money for the shareholders used to be what business was about. Now‚ more and more people are starting to believe that companies should pay more attention to social and environmental concerns that effect not just the shareholders‚ but the stakeholders and even society as a whole. The practice of
Premium Corporate social responsibility Social responsibility Coffee
coffee fanatics – Gerald Baldwin‚ Gordon Bowker and Ziev Siegel founded Starbucks in Seattle‚ Washington (Moon & Quelch‚ 2006). Howard Schultz‚ who is now the CEO‚ joined the marketing team. He made a trip to Italy and became obsessed with the idea of how people were drinking coffee in the cafes. A few years later Howard Schultz bought Starbucks from the three founders and started to expand the coffee brand. Starbucks is the leader in the coffee industry and is one of the most recognized brands
Premium Starbucks Coffee Howard Schultz
| | Bad debts | $ 645 | | Parts | 3‚700 | | Interest | 880 | | Wages | 10‚000 | | Utilities | 800 | | Depreciation | 2‚700 | | Selling | 1‚900 | | Administrative | 4‚700 | ______ | Profit before taxes | | 25‚325 | Taxes | | 8‚075 | Net income | | $5‚275. | Truck purchase has no income statement effect. It is an asset. Sales are recorded as earned‚ not when cash is received. Bad debt provision of 5 percent
Premium Revenue Expense Income statement
HISTORY OF INTERNET CAFE (COMPUTER SHOP) The online café phenomenon was started in July 1991 by Wayne Gregori in San Francisco when he beganSFnet Coffeehouse Network. Gregori designed‚ built and installed 25 coin operated computer terminals incoffeehouses throughout the San Francisco Bay Area. The café terminals dialed into a 32 line Bulletin Board System that offered an array of electronic services including FIDOnet mail and‚ in 1992‚ Internet mail.[1] The concept of a café with full Internet access
Premium Bank Credit union
The Rise of Starbucks The Starbucks Corporation has enjoyed phenomenal growth since its early days in 1971 as a quaint coffee shop in Seattle‚ Washington. The rise of Starbucks can be directly attributed to the following factors; the emphasis placed on product quality‚ high employee standards‚ and creating the perfect cup of coffee. How a small idea became a huge business. Growing up in Brooklyn Howard Schultz had no aspirations. His only goal was to escape the struggles his working-class parents
Premium Starbucks Coffee
Marketing Management COMM 3045 A Crack in the Mug - Can Starbucks mend it? Case Study Prepared for: Professor Pat Gardner Group Members: Kim Denis Tomas Lee Xame Chan Paul Stevens Table of Contents 1. Executive Summary 3 2. Problem Statement 4 3. Company Objectives 4 4. Company Background 4 5. Analysis 5-7 5.1. SWOT Analysis 5 5.2. Market Analysis 6 5.3. Competitive Analysis 7 6. Key Factors 7-8 6.1. Key Opportunities 7
Premium Coffee