Swot Analysis Of Starbucks Company

944 Words2 Pages
bulb-icon

Recommended: The history of the Starbucks corporation

Starbucks Corporation is an American coffee company founded in Washington in 1971. As of today, it operates 23,768 locations worldwide. Starbucks is owned by private sector. Corporate Starbucks' are owned all by the same people and offer employees discounts and free coffee/tea. Private Starbucks' are mostly located near the airport, etc. These Starbucks' are owned by individual companies and do not report to the "Starbucks head office". They don't offer their employees discounts and free merchandise however, they pay more. Both Starbucks offer the same drinks and food though. Starbucks is in the international scale: stores in Europe, Africa and Asia also operates 23,768 locations worldwide. Its competitors are café Nero, Costa coffee and McDonalds. Starbucks statement is “To inspire and nurture the human spirit – one person, one cup and one neighbourhood at a time.” This mission statement reflects what Starbucks does to keep its business running. Coca cola is a carbonated soft drink that is produced by the coca cola company. It was invented in the late 19th century, originally intended as medicine. Coca-Cola has been a publicly traded company that trades its shares on the New York stock exchange. Coca cola company manufactures and distributes soft drinks and other beverages including Coca-Cola, …show more content…

They work to earn wages and salaries, shelf stacking, checkout, till services, customer help also cleaning and maintaining the environment. In addition, they have security and delivery on a daily basis helping Tesco to become sustainable. The employees’ interests are to earn income, promotions, career progression also job security. The employees are important for the business as they generating profit, customer retention and satisfaction. The employees aim is to help out the customers of Tesco and should resolve their problems and issues in a polite and calm

Show More
Related

  • Comparison of Wendy's International, Inc. and Starbucks Corporation Based on Finances

    3667 Words  | 8 Pages

    Starbucks Corporation purchases and roasts whole bean coffees and sells them. As of September 28, 2003 (fiscal year-end 2003), Starbucks operated a total of 4,546 retail stores. Starbucks sells coffee and tea products through other channels, and, through certain of its equity investees. The Company has two operating segments, United States and International, each of which include Company-operated retail stores and Specialty Operations. Starbucks opened 602 new Company-operated stores during fiscal 2003. As of fiscal year-end, Starbucks had 3,779 Company-operated stores in the United States, 373 in the United Kingdom, 316 in Canada, 40 in Australia and 38 in Thailand. ¡]Smart money, 2004¡^

    Read More

  • Business Analysis: Starbucks Corporation

    745 Words  | 2 Pages

    Starbucks Corporation is one of the world's largest coffee roaster, marketer, and retailer of coffee. In 1971, three entrepreneurs, Jordan Bowker, Zev Siegel, and Jerry Baldwin opened first Starbucks store in Seattle, WA. In 1982, Howard Schultz joined Starbucks as a marketing director. He came up with the idea to make Starbucks a coffee house chain but Starbucks founders rejected the idea and he left the company in 1985. Later, Schultz started his own coffee bar named “Il Giornale”. In a couple of years, he was able to buy Starbucks Corp. from its original owners. He renamed his coffee bars "Il Giornale" as Starbucks. In 1987, Starbucks opened its first store outside the Seattle in Vancouver and Chicago. In 1996, Starbucks opened its first international store in Tokyo, Japan. [1,2]

    Read More

  • Swot Analysis: SWOT Analysis Of Starbucks

    1052 Words  | 3 Pages

    Large companies are always in need of new innovative ideas to keep them afloat. Though they struggle with the concept of change and new, these things bring new life to even a thriving company such as Starbucks. If a company does not accept change or try new ideas it may get too comfortable miss out on trends and changes in consumerism thereby hurting profits. To keep this from happening, companies engage in intrapreneurship, a a term made popular by Howard Edward Haller and Steve Jobs in the mid 1980 's (Deeb, 2015). Entrepreneurship inside a large organization is the idea behind intrapreneurship and with support from the executives it can take the company into new markets.

    Read More

  • Starbucks Business Analysis

    1165 Words  | 3 Pages

    Over the past few decades, Starbucks has become a household name. Headquartered in Seattle, Washington, Starbucks is one of most lucrative coffee chains in the world. As of 2015, the company has chains in 50 countries with more than 22,500 stores in operation (Starbucks Corporation, 2017). The 70 stores located in Australia are focal point stores, which focus/tailor to improving the marketing strategy, customer service, and testing of new products to differentiate the company from the competition. Coffee is their primary business, so obtaining high-quality coffee beans from the nations that produce this product is important. Not only does the company sell hot coffee beverages, but they also offer a variety of cold drinks. The menu consists

    Read More

  • Starbucks Business Communication Practices

    1843 Words  | 4 Pages

    Founded in 1971 at Seattle’s Pike Place Market, Starbucks Coffee, Tea and Spices, as it was originally called, has been “brewing-up” its famous blends in over 43 countries, including the United States. Now called Starbucks Coffee Company, business isn’t just about the coffee and tea anymore. Starbucks has its own line of bottled water, handcrafted beverages, fresh food, entertainment, merchandise and a Starbucks Card. The company has received numerous awards for their outstanding business practices. Fortune Magazine has ranked them as one of “The Best 100 Companies to Work For” in 1998, 2000, 2002, and 2008 (Starbucks, 2008). The Starbucks Experience provides consumers and the general public a direct line a of business communication. From friendly baristas to press releases from CEO Howard Schultz, Starbucks keeps its “partners” informed.

    Read More

  • Swot Analysis And SWOT Analysis Of Starbucks And Apple

    1316 Words  | 3 Pages

    Internal resource is the first consideration that can lead to sustainable competitive advantage and Resource –Based View (RBV) is a theory that usefully helps a firm focus on internal resources (Kraaijenbrink, Spender & Aard, 2010). According to RBV (Valuable, Rare, hard to imitate and non-substitutable), companies have different tangible and intangible resources, these resources can be transformed into unique ability, this special ability cannot flow between firms and rival firms and difficult to reproduce. These unique resources and abilities are the source of enterprise sustainable competitive advantage. In this part, Starbucks and Apple are worth to be analyzed by RBV.

    Read More

  • Pepsi and Coke in the Czech Republic

    1972 Words  | 4 Pages

    Coca-Cola was formulated by John S.Pemberton, originally as a cocawine called Pemberton's French Wine Coca, and originally sold as a patent medicine for five cents a glass at soda fountains, which were popular in America due to a contemporary view that soda water was good for your health. Coca-Cola is the trademarked name, registered in 1893, for a popular soft drink sold in stores, restaurants and vending machines around the world.

    Read More

  • Starbucks Case Study

    839 Words  | 2 Pages

    Starbucks Coffee came on the scene with just one store in 1971. After that time, the Seattle coffee shop has exploded into something like 16,000 spots in over 50 various nations (Gaudio, 2003). The organization makes sure that it fulfills every part of its mission: “to inspire Starbucks Coffee Company denotes to their workers as “partners,” for whom they offer extensive training and benefits

    Read More

  • Analysis of the Starbucks Corporation

    5208 Words  | 11 Pages

    Overall, how satisfied are you , with [PRODUCT/SERVICE]? Please answer using the rating scale where (5) means "extremely satisfied" and (1) means "very unsatisfied."

    Read More

  • The Rise and Success of Starbucks

    1415 Words  | 3 Pages

    Starbucks? executives have defined their business with the mission statement to ?Establish Starbucks as the premier purveyor of the finest coffee in the world while maintaining our uncompromising principles while we grow? (Starbucks mission statement). Starbucks Corporation is a very profitable organization, earning in excess of $600 million in 2005. It is a global coffee brand built upon a reputation for fine products and services. It has almost 9000 cafes in almost 40 countries. Strategic planners have also proved the significance of their work force by providing benefits and implementing programs such as the ?Bea...

    Read More

  • Starbucks Financial Analysis

    1484 Words  | 3 Pages

    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 in shopping centers and airports. The outlets offer coffee drinks and food items such as pastries and confections, as well as roasted beans, coffee accessories, teas and a line of compact discs. The company also owns the Seattle's Best Coffee and Torrefazione Italia coffee brands. In addition, Starbucks markets its coffee through grocery stores and licenses its brand for other food and beverage products. Starbucks Corporation was founded in 1985 and is based in Seattle, Washington. (Bramhall)

    Read More

  • Strategy Of Coca Cola Company

    1025 Words  | 3 Pages

    The Coca-Cola Company is an international company that deals in beverage and has its headquarters in Atlanta, Georgia. It deals in manufacturing, distributing, marketing and retailing of non-alcoholic beverages, syrups, and concentrates. Coca-Cola is most famous for its drink, Coca-Cola that was invented by the pharmacist, John Stith Pemberton in Columbus. The formula for the beverage was later bought in 1889 by Asa Griggs who incorporated it into the company. In its lifetime, the company has had a lot of acquisition, such as Minute Maid, Thums Up and Odwalla fruit juices brand. The company is a public corporation, and its shares are publicly traded.

    Read More

  • Schultz's Case Study: A Brief Background Of Starbucks

    1431 Words  | 3 Pages

    Starbucks is a worldwide company, known for is delicious brews of coffee and seasonal varieties of tasty drinks for any occasion. Starbucks opened with two main goals, sharing great coffee with friends and to help make the world a little better. It originated in the historic Pike Place Market of Seattle, Washington in 1971 by Jerry Baldwin, Zev Siegl and Gordon Bowker. The creation of Starbucks’ name came from the seafaring tradition of early coffee traders and the romance evoked from Moby Dick. At the time, this individual shop specialized in the towering quality of coffee over competitors and other brewing services enabling its growth to becoming the largest coffee chain in Washington with numerous locations. In the early 1980s, the current CEO Schultz saw an opportunity for growth in the niche market. After a trip to Italy he brought back the idea of a café style environment of leisure and social meetings to the United States we now see in Starbucks locations today. Schultz ultimately left Starbucks to open his own coffee shop, Il Giornale which turned out to be a tremendous success. Fast forward a year later, Schultz got wind that Starbucks was going to sell all their components of Starbucks including their stores and factories, he immediately acquired the funds to buy Starbucks and linked both operations. Within five years he was able to open more than 125 stores starting in New England, Boston, Chicago, and gradually entered California. He wanted Starbucks to be a franchise system based on the mission of telling the truth and emphasize the quality,

    Read More

  • Benefits Of Coca Cola

    1860 Words  | 4 Pages

    The Coca-Cola Company (Coca-Cola), founded in 1886 and based in Atlanta Georgia, is the world’s leading soft drink manufacturer who operates in more than 200 countries and produces 400 brands of non-alcoholic beverages. Coca-Cola is very successful and recognized around the world, making the company the most valuable brand internationally. Coca-Cola has been operating through eight segments, which are Africa, East, South Asia and Pacific Rim, European Union, Latin America, North America, North Asia, Eurasia and Middle East (The Coca-Cola Company, 2006). The activities of Coca-Cola spreads through all sectors of the soft drink industry. The company offers ready to drink and yet non-alcoholic beverages with carbonation as the carbonated water, flavored water, and the energy drinks. There are still beverages that includes the non-alcoholic beverages and without carbonation which includes the non-carbonated water, flavored water, teas, juice drinks, and the enhanced water. The company is also offering the fountain syrup, concentrates, and syrups, which include the sweeteners and the ingredients. The company sells its finished beverage products to the distributors and the canning and bottling operators, fountain wholesaler, and the distributors. (182)

    Read More

  • Starbucks Case Analysis

    1309 Words  | 3 Pages

    In 1971, three young entrepreneurs began the Starbucks Corporation in Seattle Washington. Their key goal was to sell whole coffee beans. Soon after, Starbucks began experiencing huge growth, opening five stores all of which had roasting facilities, sold coffee beans and room for local restaurants. In 1987, Howard Schultz bought Starbucks from its original owners for $4 million after expanding Starbucks by opening three coffee bars. These coffee bars were based on an idea that was originally proposed to the owner who recruited him into the corporation as manager of retail and marketing. Overall, Schultz strategy for Starbucks was to grow slow. Starbucks went on to suffer financial losses and overhead operating expenses rose as Starbucks continued its slow expansion process. Despite the initial financial troubles, Starbucks went on to expand to 870 stores by 1996. Sales increased 84%, which brought the corporation out of debt. With the growing success, Starbucks planned to open 2000 stores by year 2000.

    Read More

More about Swot Analysis Of Starbucks Company

Open Document