Understanding Management Principles to Run a Successful Firm

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OBJECTIVE

The objective of this paper has been to understand the Management principles and theories for a running a successful firm .

We took up coffee shop as we wanted to understand what it takes to manage this business in China where coffee is not as preferred & popular as tea.

The firms that have ventured into coffee shop business in the country are Starbucks , Costa Coffee, Café Mocha, Georgia Coffee, Chimayo Chains owned Qwiky’s brand of coffee pubs and Barista to name a few. Out of these we chose Starbucks Coffee Company for our study because of their popularity and wide presence in the country.

INTRODUCTION

Now a days the Café shop is not just a place to get your coffee or tea , People now spending a lot of time there for many things, some of them spending times there more than the home or the office .

The Café shop is a place where people come to relax, enjoy time with friends or family, grab a quick bite to eat, enjoy small parties time like birthday party with family and friends, people may gather to discuss politics, music, poetry, romance or rebellion, or to w...

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