Starbucks Strategic Plan � PAGE * MERGEFORMAT �23� Running head: STARBUCKS STRATEGIC PLAN Starbucks Strategic Plan University of Phoenix � TABLE OF CONTENTS 31. EXECUTIVE SUMMARY � 32. COMPANY BACKGROUND � 33. VISION STATEMENT � 34. MISSION STATEMENT � 35. VALUES STATEMENT � 46. ENVIRONMENTAL ANALYSIS � 46.1. External Environment � 56.2. Opportunities and Threats � 66.3. Competitive Analysis � 86.4. Economic Analysis � 106.5. Non-Economic Factors in the Remote Environment � 126
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Table of Contents Project Statement 1 Simple Layout of the Starbucks 1 Data Collection and Analysis 1 Inter Arrival Time 3 Service at the Counter 4 Service Time for Barista 1 5 Service Time for Barista 2 6 Observation Table …………………………………………………………………………………………………………………………………….7 Project Statement Starbucks is the largest coffee house company in the world. They have over 16‚000 stores in over 50 countries. We have one of their outlets in our university. We chose
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Starbucks Case Study [pic] Overview First Starbucks was a Private Company‚ from its inception in 1971‚ to it ’s initial public offering in 1992. We believe that there since the beginning‚ Starbucks strategy has been one of growth. They have demonstrated all dimensions of a growth strategy: Internationalization in expanding into new countries and the global market. It has shown concentration in being creative and relying on it ’s core competency of making high quality coffee
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Starbucks Case Part I – Prior to reading Starbuck’s Form 10-K‚ please answer the following questions. Your answers should be based upon your general knowledge of Starbucks‚ gained from visiting their stores‚ purchasing their products and/or observing them in the marketplace. a. Up until the economic downturn (Fall of 2008) what do you believe was Starbucks’ growth strategy? Give three examples of specific actions (growth initiatives) you observed Starbucks execute upon as part of their
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6. Evaluation of Starbucks social responsibility strategy? Is it sincere? In assessing Starbucks Social responsibility strategy‚ one would have to look at certain key elements of the strategy and what makes it a good strategy‚ a great strategy or even a poor strategy. One would have to ask question such as; * When was the social responsibility strategy adopted? * Did the social responsibility strategy contribute to Starbucks success? * Has the strategy been used to defeat more resourceful
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STARBUCKS Starbucks Coffee Company is the leading retailer‚ roaster‚ and brand of specialty coffee in the world‚ with more than 7‚500 retail locations in North America‚ Latin America‚ Europe‚ the Middle East‚ and the Pacific Rim. It has long prided itself on offering an enriched customer experience as much as on great-tasting‚ high quality coffees. I chose to do my report on Starbucks because besides being a Starbucks addict‚ like many others I know‚ I am also interested in how the company might
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INTRODUCTION OF STARBUCKS 3 II. MAIN ISSUES OF THE CASE 3 1. Situations: 3 2. Strategy: 4 III. ANSWERS TO QUESTIONS 5 Question 1 5 Question 2. 6 Question 3 7 Question 4 9 Question 5 11 Question 6 12 Question 7 14 Question 8 15 Question 9 16 IV. CONCLUSION & RECOMMENDATIONS 18 EXECUTIVE SUMMARY Our report is about analyzing Case 24: Starbucks in 2012: Evolving into a Dynamic Global Organization in the lecture Crafting & Executing Strategy. Starbucks case analysis
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I. Market Research Reveals a Service Gap at Starbucks Retail Stores In 2002‚ Starbucks was a high-growth company‚ successfully implementing ambitious retail expansion and product innovation in spite of the economic downturn. However‚ despite uninterrupted growth‚ recent market research suggested that everything was not going according to plan for the company. Starbucks built its empire on a foundation of customer service‚ but data collected in 2002 suggested that its consumer base did not feel a
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in coffee industry. It is improving to conquer the market and defeat the domestic company of Vietnam. However‚ there is a threat to the company due to a new entrant of a famous brand - Starbucks coming to Vietnam’s market recently. The competitiveness is getting harder which requires Nestle to have good strategies to compete. It is suggested for the company to set up a five year objective which is "developing a chain of takeaway coffee shops nationwide to cover 40% of market share from 2014 to 2018"
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essential to the success of any company. A company may have an ideal product‚ but without proper positioning‚ identification of a target market‚ and a proper marketing plan a company would not be able to successfully market its products to consumers. Starbucks has been successfully able to convert an activity carried out at home to a commercial success through proper implementation and execution of its strategic intent. The firm has been able to convince consumers that its stores provide more than just
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