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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STARBUCKS MARKET DEVELOPMENT * Grow international sales volume by offering Starbucks product in grocery stores‚ business and other wholesale accounts. Starbucks is the chief retailer for brand specialty coffee in the whole world. It has more than 7‚500 shops allocated in Canada‚ the USA‚ Europe‚ Asia and the Middle East. Besides coffee drinks of high quality‚ Starbucks retails coffee drinks in bottles‚ such as Frappuccino and Starbucks DoubleShot. Starbucks revenue is growing yearly. It
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Starbucks Financial Analysis Financial Analysis of the Starbucks Corporation 2401 Utah Avenue South Seattle‚ Washington 98134 (800) 235-2883 Financial Analysis of the Starbucks Corporation Company Overview Starbucks is the world’s largest specialty coffee retailer‚ Starbucks has more than 16‚000 retail outlets in more than 35 countries. Starbucks owns more than 8‚500 of its outlets‚ while licensees and franchisees operate more than 6‚500 units worldwide‚ primarily
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facilitate business growth. Starbucks Starbucks‚ a key performer in the gourmet coffee sector and also in the specialty Eateries industry is segmented in the service industry. Starbucks was first introduced in Seattle‚ Washington USA in 1985‚ and then worldwide. Starbucks specialises in brewed coffee‚ hot chocolate‚ espresso – based drink‚ teas‚ frappuccinos and fruit smoothies. From 2008 onwards Starbucks owned over 16‚226 stores worldwide‚ along with 11‚434 stores
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Broward College Starbucks and Dunkin ’ Donuts Raphael Ferreira Composition 1101 Dr. Raphael Bennet 04/01/2014 Starbucks and Dunkin ’ Donuts Coffee has been around the market and homes for a very long time now. The first coffee shop in the United States opened in 1697 in New York. Today‚ nearly two-thirds of americans drink coffee. Coffee is usually associated with ’waking up ’ or ’staying awake ’ due to your high caffeine level‚ and it ’s invevitable to
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Q1. The reason Starbucks has now elected to expand internationally through local joint ventures‚ to whom it licenses‚ as opposed to using a pure licensing strategy is that Starbucks is eager to let the partners follow Starbucks’ successful formula. When Starbucks enter Japanese market‚ they established a local joint venture with Sazaby Inc (Hill. 2009). To make sure that Japanese operations replicated the “Starbucks experience” in North America‚ Starbucks transferred some employees to the Japanese
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Politics Starbucks is an international company‚ therefore the political factors around the world will have an impact on the company and its profitability. There is a strong correlation between economic and political stability. Consequently‚ the more politically stable a nation is‚ the more stable its economic environment tends to be. There is a strong correlation between political stability‚ economic stability and the supply chain. A disruption in the supply chain will have an influence on the daily
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SWOT -Opportunities One of the opportunities presented to Starbucks is the growth in coffee market. In the United States‚ specialty coffee sector accounts for approximately 15% of the total retail coffee market which is equivalent to $21billion. In 2005‚ the retail coffee market was valued to be around $23billion and specialty coffee accounted for nearly 45% of the market and was still expected to grow. Starbuck has a 40% market share in the specialty coffee sector which provides an indication
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STARBUCKS Question 1 Start with a good business concept Nowadays‚ Starbucks was successful in many countries which including Africa‚ North America‚ Oceania‚ South America‚ Asia‚ and Europe. Starbucks is a very successful company because it capitalized on a concept that had not existed before which is a place for people to gathering. Starbucks not a place that just for people to have a cup of coffee‚ it is also a centre of social for the people to exchange information‚ discussion‚ communication
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Starbucks expansion into China Abstract In the following research we will look whether Starbucks will be able to launch an aggressive expansion throughout Mainland China‚ a country known for its tea drinking history dating back to 5‚000 years. Starbucks is known for its ability to locate the business outlets in perfect spots as well as market their products in beneficial ways. This report will try to analyze the three main questions: 1) Should Starbucks continue its expansion in China
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