2013 GROUP 6 STRATEGIC MANAGEMENT STRATEGIC MANAGEMENT TROY UNIVERSITY TROY UNIVERSITY STARBUCK CASE ANALYSIS STARBUCK CASE ANALYSIS Instructor: Min Carter‚ Ph.D. Instructor: Min Carter‚ Ph.D. LY NGOC HUY TRAN QUOC HUY HOANG VAN VINH TON KHANH PHUONG VU NGUYEN TRAM ANH LY NGOC HUY TRAN QUOC HUY HOANG VAN VINH TON KHANH PHUONG VU NGUYEN TRAM ANH Saigon‚ May 20‚ 2013 Saigon‚ May 20‚ 2013 TABLE OF CONTENTS I. INTRODUCTION 1 II. ANALYSIS FIRM’S CURRENT
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Brief of Company Starbucks is the largest and most famous coffeehouse in the world. They just started from a small outlet in Seattle‚ Washington and then strategically expanded worldwide. It has become the world’s most powerful and distinctive brands of high quality coffee that operating its business in such ways it brings about the environmental and social advantages for society. Reasons for Selecting the Company Starbucks has initially taken the strategic way of selling a variety
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Table of Contents 1.0 Executive Summary 03 2.0 Company Overview 04 2.1 Company Structure 04 2.2 Mission Statement 05 2.3 Financial Analysis 06 3.0 Competitive Analysis 06 3.1 Second Cup 06 3.2 Timothy’s 08 3.3 The Symposium Cafe 09 3.4 Tim Hortons 10 4.0 Competition in Canada 10 4.1 Direct Competition 10 4.2 Indirect Competition 11 5.0 Starbuck’s Current Positioning 13 5.1 Retail Positioning Matrix 13 6.0 Strengths and Weaknesses 14 6.1 Strengths 14 6.2 Weaknesses 15 7.0 External Factors
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Starbucks case 1) - Cultural distance: During the expansion abroad Starbucks had to deal with several cultural differences. For example‚ Japanese and Chinese consumers used to drink tea and did not have a coffee drinking culture. Furthermore‚ Starbucks had to deal with the association with the expansion of the American culture. - Administrative (or institutional ) distance: Starbucks had to deal with‚ for example; the differences in law and were therefore involved in different law-suits. -Geographic
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March 4‚ 2013 [Starbucks ] Starbucks Case Questions In the early 1980’s‚ how did Howard Schultz view the possibilities for the fledgling specialty coffee market? What were the most important factors in shaping his perspective? In the early 1980’s Howard Schultz‚ became captivated and saw possibilities in the fledgling specialty coffee market as he studied and observed that only a few Independent
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Howard Schultz: Building a Community Leadership and Its Role in Starbucks’ Success April 28‚ 2014 Alida Bernhart Helen Bone Sicheng Jiang Alyssa Wagstaff EXECUTIVE SUMMARY LEADING STARBUCKS TO BECOME A SUCCESSFUL COMPANY Howard Schultz‚ the chief executive officer of Starbucks‚ has proven his ability to turn Starbucks into a successful coffee and tea company. Though he stepped down in 2000‚ he returned once again to his position as CEO to revamp the company as it was experiencing several
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THE STARBUCKS EXPERIENCE An Impacting Journey towards Globalization 1. An Insight to the Starbucks Company: ➢ Formed in 1971 ➢ Current position- 12‚440 + stores across 37 countries ➢ Average is more than 35 million customers per week ➢ Loyal patrons visit 18 or more times a month ➢ If you invested $10‚000 in 1992‚ it would have resulted in an income of $6‚50‚000 by 2007-08 ➢ Value of leading company’s since 1992- S&P= 200% rise‚ Dow= 230% rise
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Starbucks and its Environment Customers/Consumers Starbucks extends their coffee experience to everyone: kids‚ teenagers and adults. Part of their success comes from their ability to create new products that fit the culture of the country. In Japan‚ for instance‚ Starbucks launched green tea lattes‚ which later became popular in other countries (Allison). Starbucks is well established in countries like Canada‚ Japan‚ and the United Kingdom. In the US alone‚ Starbucks sells 4 million cups of coffee
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Marketing Strategy in Action Starbucks-2008 Discussion Questions: 1. Based on the case information and your personal experiences‚ list at least five things you know about Starbucks. This list offers you some idea about your cognitions concerning the coffee shop chain. a. Starbucks is a 500 Fortune Company. b. They have coffee from different countries around the world. c. There is free Wi-Fi Internet connection. d. There are many Starbucks locations in the United States. e. The
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Case 1-1 Starbucks – Going Global Fast Sept. 23‚ 2012 Question#1 - Identify the controllable and uncontrollable elements that Starbucks has encountered in entering global markets. The controllable elements of marketing decisions for Starbucks include product‚ price‚ promotions‚ distribution and research. The uncontrollable elements of marketing decisions facing Starbucks include competition‚ politics‚ laws‚ consumer behaviors and level of technology. (Philip Cateora‚ 2010) Starbucks is one
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