...Week 3 Assignment 1: Starbucks’ Strategy MGT 500 July 19, 2015 Week 3 Assignment 1: Starbucks’ Success Strategy Organizational culture (OC) is an important factor in the success of any business. Organizational culture (OC) defined as the morals and protocols contributing to the distinctive social and psychological atmosphere of any company ("Businessdictionary.com", 2015). The OC of a company encompasses many different components essential to the foundation of the business. These components comprises the cm culture; future prospects, organizational practices, beliefs, and the ideals or standards companies use to govern themselves ("Businessdictionary.com", 2015). They are the glue that hold a business together. The OC of a business influence how the firm thinks and reacts to the daily challenges it faces. They can make a business venture successful or cause it to fail if not developed properly. Most companies demonstrate organizational culture (OC) in the way they conduct business, treat employees, customers, and the communities in which they reside. This paper will take a look at Starbuck's organizational culture to identify the possible key elements that aid in the company's success in today's global economy. This paper will evaluate the efficiency of Starbucks management decisions regarding their innovative offerings to customers in a competitive market to obtain their current advantage. Then uncover a key management competency most successful Starbuck managers...
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...BUSINESS (FINANCE) ASSIGNMENT COVER SHEET | NAME OF STUDENT | | REGISTRATION NO. | | UNIT TITLE | Organisations and Behaviour | ASSIGNMENT TITLE | Starbucks | ASSIGNMENT NO | 2 of 2 (individual report) | NAME OF ASSESSOR | Mr. John Andre | SUBMISSION DEADLINE | To Be Announced | ------------------------------------------------- ------------------------------------------------- I, __________________________ hereby confirm that this assignment is my own work and not copied or plagiarized from any source. I have referenced the sources from which information is obtained by me for this assignment. ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ________________________________ _________________________ ------------------------------------------------- ------------------------------------------------- Signature Date ------------------------------------------------- ----------------------------------------------------------------------------------------------------------------FOR OFFICIAL USE (Course Administrator) Assignment Received By: Date: ...
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...Inventories The purpose of this assignment is to help you understand how the inventories concepts discussed in Chapters 8 and 9 of the textbook apply in a real-world company. To complete this assignment, you will need to use Starbucks’ 2013 Annual Report (available on Blackboard). Prepare type-written responses to the following questions. Include appropriate references to the Annual Report. The assignment will be graded on correctness and presentation. Hand-written work will not be accepted and late assignments will have five points automatically deducted. 1. What types of inventories does Starbucks have? Coffee (Unroasted and Roasted), other merchandise (serveware and tea) held for sale, breakfast food, packaging and other supplies Pg69, Notes 5 Inventories 2. of the end of fiscal 2013, what is the balance sheet carrying value (book value) of Starbucks’ inventories? $1,111.2 Pg53, “Starbucks Corporation Consolidated Balance sheet” 3. Is this the same amount that Starbucks paid to its suppliers to purchase these inventories? Why or why not? Pg15, “Product supply” No. There were $882 million, comprised of $588 million under fixed-price contracts and an estimated $294 million under price-to-be-fixed contracts.The reason that there will be difference between the price that Starbucks paid to its suppliers and the value shows on balance sheet is $294 million price-to-be-fixed contract. According to the “Product Supply ” section of Starbucks report, Price-to-be-fixed...
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...Erman Depecik Assignment 1: Discussion Write Ups Reha Cetintemel, Ahmet Berkay Bork, Mehmet Selahi Sisikoglu Section 2, Team 5. Assignment 1 Case Study 1: Global Portfolio Planning and Market Interconnectedness On some geographic regions,it is still better to adhering to allocating resources on a country-by-country basis, since some countries did not experience the rapid change and dynamism in terms of competition. So, in order to not waste time and resources, some countries do not require thorough research. Also, it is important to realize that, customers in proximate countries show similar motives, attitudes among a brand, product line etc. Therefore, companies can rely on this similarity, which will ease their process while they decide to enter or improve their status on these markets. Sometimes, a single approach for multiple countries might be enough. However, firms might need to alter their marketing strategy, even they operate on similar markets. They should not take it granted that the same strategy will work for different markets, as we have seen some examples that some of the strategies fail even the difference between markets are so small. One way or another, they might have to make small changes, in order to adapt their strategy for a given market. Case Study 2: Starbucks: Going Global Fast Starbucks is one of the famous worldwide brands. Admirely i read the case about starbucks and its aggressive style took my attention. starbucks is avery fast growing...
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...Starbucks Behavior and Communication Lani Vinas Bioc BCOM/230 October 1, 2012 Jamie Barmach Starbucks Behavior and Communication What comes to person’s mind when someone mentioned the named Starbucks? A friend called and invited to have some coffee with her. Wondered about the aroma of the tasty coffee with whipped cream on the top, a sudden and prompt answered, “Oh yeah, definitely, let us meet at Starbucks after work.” Starbucks is a well-known coffee shop in the world. They are awarded as “No.1 Best Coffee” by Zagat’s Survey of National Chain Restaurants in 2009-2011. They started in 1971 in Pike Place of Seattle. They have grown so fast that in August 2012 they are closely to have 18,000 retail stores all over the world. Starbucks chairman, president and chief executive officer, Howard Shultz, joined the company in 1982. He brought the idea of Italian coffeehouse tradition to United States when he traveled from Italy. Starbucks mission is “to inspire and nurture the human spirit – one person, one cup and one neighborhood at a time.” (Starbucks Corporation a. 2012) The coffee shop is committed to diversity as the equation of inclusion, equity and accessibility. Good quality of service and to make their customers feel that they are connected with their families and friends are company’s main goal. “Starbucks believes that conducting business ethically and striving to do the right thing are vital to the success of the company.” (Starbucks Corporation a. 2012)...
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...TMA 1 BMG 303/05 BMG 303/05 Strategic Management Semester January 2016 Tutor-marked Assignment 1 (TMA 1 – 25%) Instructions: 1. TMA 1 covers the topic in Unit 1 and Unit 2. 2. Answer all questions in Part A and Part B. 3. TMA 1 carries 100 marks which is equivalent to 25% of your final total marks 4. The deadline for the submission of TMA 1 is at 2400 hours, 4th March, 2016.You are required to submit your TMA via Online Assignment System (OAS). 5. Students are highly encouraged to passage their TMAs to the Turnitin system before submission, to encourage honest academic writing and it is not mandatory except for Project courses. …2/- TMA1 BMG 2 303/05 Part A (40 marks) Case Study Read the case study “Rebuilding Competitive Advantage at Starbucks ” from WOU website, Library, MyDigitalLibrary, E-course reserves, BMG303/05, Strategic Management, Unit 1, TMA 1. Question 1 (a) Describe Starbucks’ value-creating strategy in 1980s. [8 marks] (b) What was Starbucks’ competitive advantage before 2008 and how was it achieved? [12 marks] Question 2 (a) Why did Starbucks lose the competitive advantage in 2008? [5 marks] (b) Discuss four (4) changes implemented by Starbucks to regain its competitive advantages in 2010. [15 marks] ..3/- TMA1 BMG 3 303/05 Part B ( 60 marks) Essay Questions Question 1 Examine your current organisation (or previously employed organisation) and answer the following questions: (a) What are your organisation’s competitive advantages...
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...CASE (People in Organization) THE WORK ASSIGNMENT Effie Pardini supervised eleven accounting clerks in the budget and planning department of a large computer manufacturer. None of the clerks had accounting degrees, but all were skilled in handling records and figures. They primarily prepared budgetary plans and analyses for operating departments and their inputs were secured from the departments and from company records. Pardini assigned projects to the clerks on the basis of their interests and skills. Some projects were more desirable than others because of prestige, challenge and contacts required, or other factors; so there were occasional conflicts in which clerk was to receive a desirable project. One clerk who seemed especially sensitive and regularly complained about this issue was Sonia Prosser. On one occasion Pardini received a desirable project and assigned it to the clerk by the name of Joe Madden. Prosser was particularly distressed because she felt she should have had the assignment. She was so distressed that she retaliated by gathering up her present assignment and putting it away into the desk. Then she took a book from her desk and started reading it. Since all the clerks were together in the same office, most of them observed her action and she announced to one in a voice loud enough to be heard by others, “No one around here ever gives me a good assignment.” Pardini overheard Prosser’s comment and looked up from her desk, noticing what was happening...
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...fgfgfgf GENERAL INFORMATION Office: RB 338B Phone: 305-348-7050 Office Hours: Tuesday, 3:00to 5:00 p.m. Class Location: CBC 155 Class Times: Wednesday, 5:00 pm - 7:40 pm E-mail: WebCT course e-mail only! Website: http://business2.fiu.edu/1027714/www Please read this syllabus in its entirety. It is a part of the course content. It is important that you understand what is required in this course and the time frames for completing assignments. Class Format: This is a hybrid course, which means that classroom sessions will be held on alternate Thursdays. For the weeks in which no classroom sessions are scheduled, you will have assignments and quizzes based on readings and Web-based. You will also be expected to interact regularly with your fellow classmates (in person and virtually through email and the course discussion forum) to organize and prepare the team project. Since this course uses a significant amount of multimedia content, it is strongly advised that you obtain access to a computer with broadband Internet access and an up-to-date streaming media player (either Windows Media Player or Real Player are recommended). fgfgfgf COURSE DESCRIPTION This is an introductory course designed to help you develop an understanding and awareness of the essentials of managing and of the way organizations behave. By exploring the four pillars of management -- planning, organizing, leading, and controlling -- we will discover how organizations leverage...
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...opportunity that needs addressing. Determine the significance, scope, magnitude and feasibility of finding a solution to the situation, problem, issue, or opportunity. Identify ethical issues involved in business research. Describe the business research process. Materials Week One Student Guide Sample Examination to prepare for Final Examination EBOOK COLLECTION: Business Research Methods, Ch. 1 EBOOK COLLECTION: Business Research Methods, Ch. 2 EBOOK COLLECTION: Business Research Methods, Ch. 3 EBOOK COLLECTION: Business Research Methods, Ch. 4 ARTICLE: Week One Topic Searches Assessment Individual Assigment: Current Events in Business Research Write a 300-word summary of the business research process by describing the business research process from your experience in the workplace or in an article you find through the University Library. Format your paper consistent with APA guidelines. Please see the instructor's syllabus for this week's assignments. Week 2 - Topic 1: The Purpose of Business Research Objectives State the purpose of the business research. Develop appropriate research questions and hypotheses. Identify dependent and independent variables in business research. Materials Week Two Student Guide EBOOK COLLECTION: Business Research Methods, Ch. 5 EBOOK COLLECTION: Business Research Methods, Ch. 6 EBOOK...
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...Marketing in a Global Economy Assignment BUS 620 Managerial Marketing Timothy Malone December 23, 2013 Marketing in a Global Economy Assignment Italy represents the height of the coffee culture, “the gold standard against which all others are measured” (Faris, 2012). For Italians, their coffee is a cultural symbol. If Starbucks is serious about venturing into Italy, then they have a lot of work to do in order to promote their brand. However, the longer they stay out of the Italian market, the harder it will be for Starbucks to break ground. Global markets represent an opportunity for growth and development among many companies around the world. It “requires companies to extend and leverage their marketing skills, product-based competencies, and brand-specific advantages to adapt to consumer preferences in different parts of the world” (Finch, 2012, p. 392). Starbucks is a prime example of a company that has become successful in conducting business within the global economy. After an inspiring trip to Milan in 1983, Howard Schultz came up with the idea of Starbucks. With his new vision, Schultz believed that coffee could be more than just a drink; it could become an “experience” (Faris, 2012). Now, the once little Seattle based company is pushing into new territories faster than it can come up with a new coffee variation. Thompson and Arsel state, “The Starbucks revolution transformed gourmet coffee from a yuppie status symbol into a mainstream consumer good...
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...FPT University Small Business Entrepreneur Individual Assignment Student: Trinh Cong Khoi MSSV: BA60116 – Class BA0662 Teacher: Nguyen Quoc Cuong I ndividualAssignment Small Business Entrepreneur Small Business Entrepreneur Individual Assignment Page 1 Small Business Entrepreneur Table Of Content I. Background ..................................................................................................2 1. 2. 3. II. III. IV. V. VI. History ...................................................................................................2 Mission and Vision .................................................................................3 Business Objectives ................................................................................3 S.W.O.T analysis in Vietnam’s Market .......................................................4 Advantages & disadvantages McDonald’s franchise ....................................5 Investment Decision ...................................................................................6 Summary ...................................................................................................7 Reference ..................................................................................................7 I. Background McDonald's is a huge multi-national restaurant chain. There are restaurants all over the world that are willing to sell you a Big Mac and fries. Indeed, you would probably be hard-pushed...
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...Assignment 05 Assignment Compulsory? Unique Number Chapters Due date 05 Yes 504511 1-7 29 July 2015 Written (or typed) assignments - NB: Please ONLY submit on myUNISA and ONLY submit in PDF format. In order to convert your Word documents into PDF; please search the Internet for free PDF converters, for example http://www.dopdf.com/ (if this is still available) can be downloaded from the Internet. ASSIGNMENT 05: (100 Marks) Chapter 1 Essay Type Questions: (15 Marks) 1.1 Answer the following questions relating to “IT at Work 1.1 - Asia-Pacific Region is PayPal‟s „Engine for Growth‟” on page 5 (8th ed). (6) 1.1.1 What factors have contributed to, or enabled, the fast growth in m-commerce?(4) 1.1.2 What might deter people from buying from their mobiles? 1.2 Answer the following questions relating to “IT at Work 1.3 - Dashboards Give Operators and Managers Access in Accurate Data” on page 11 (8th ed). (9) 1.2.1 How did feedback at the operators‟ level lead to improved performance at the organizational level? (6) 1.2.2 Why have the dashboards created a beneficial competitive environment for the operators? (3) Chapter 2 Essay Type Questions: (2) (17 Marks) 2.1 Answer the following questions relating to “IT at Work 2.1 - Integrated Trade Management System for the Energy Sector” on page 39 (8th ed). (17) 2.1.1 Which processes are being automated and why? (6) 2.1.2 Why is controlling risk important? (1) 2.1.3 Does PetroMan provide Western Petro with...
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...1. Assignment Information 1. Name: WEEK 01: 01-07-11-13 - Read Chapter 1 - Introduction to the Field of Organizational Behavior 2. Instructions Post one article this week relating to dealing with Organizational Behaviors in the Workplace. 3. Due Date January 13, 2013 11:59:00 PM CST 4. Points Possible 1.333 5. Student Name Allissa Wilson 2. Review Submission History 1. 1. * Submission ( January 13, 2013 5:28:34 PM CST ) Submission Materials Submission Field : Organizational Communication in the Starbucks organization is exceptionally successful. Although Starbucks goes to no great lengths to define or list their organizational structure, recent changes in the organization define the organization as a matrix structure. Maintaining effective communication, Starbucks uses a model of communication used generally by smaller group networks, all channel communication. Starbucks employees always have a time table for important decisions that must be made for the company. Starbucks does an excellent job of illustrating pros and cons of future and current decisions. The model of communication used by Starbuck empowers all employees to think outside of the box, and employees are rewarded for innovative ideas as well as the ability to exceed customer satisfaction expectations. The use of technology, marketing tactics, and their employees to communicate success, goals, and vision to the customer has given the Starbuck Corporation...
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...opportunity that needs addressing. Determine the significance, scope, magnitude and feasibility of finding a solution to the situation, problem, issue, or opportunity. Identify ethical issues involved in business research. Describe the business research process. Materials Week One Student Guide Sample Examination to prepare for Final Examination EBOOK COLLECTION: Business Research Methods, Ch. 1 EBOOK COLLECTION: Business Research Methods, Ch. 2 EBOOK COLLECTION: Business Research Methods, Ch. 3 EBOOK COLLECTION: Business Research Methods, Ch. 4 ARTICLE: Week One Topic Searches Assessment Individual Assigment: Current Events in Business Research Write a 300-word summary of the business research process by describing the business research process from your experience in the workplace or in an article you find through the University Library. Format your paper consistent with APA guidelines. Please see the instructor's syllabus for this week's assignments. Week 2 - Topic 1: The Purpose of Business Research Objectives State the purpose of the business research. Develop appropriate research questions and hypotheses. Identify dependent and independent variables in business research. Materials Week Two Student Guide EBOOK COLLECTION: Business Research Methods, Ch. 5 EBOOK COLLECTION: Business Research Methods, Ch. 6 EBOOK COLLECTION: Business Research Methods,...
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... BUS 350 Class number: 12BSM2 Name of the assignment: Starbucks and Highlands coffee Date: 11/09/2013 Teacher’s name: Paul McAfee 1) Starbucks Mission Statement: “to inspire and nurture the human spirit – one person, one cup and one neighborhood at a time.” [ (Starbucks, NA) ] 2) Highlands Coffee’s mission (in Vietnam): “to bring world class retail experiences to Vietnam, through the creation of Company owned brands and partnerships with leading international brands.” [ (Highlands, NA) ] We can see that Starbucks focuses on the experiences of individual customer, while Highlands Coffee tends to create their brands to bring world retail experiences to Vietnam. 3) Prices: There are different prices from products in both stores. The average price of Starbucks product is about 70 000 VND (~ 3.3 USD) to buy a cup of coffee made by Arabica beans, which is planted at altitudes of over 600m. However, it costs about 100 000 VND (~ 4.73 USD) to buy a Vietnamese coffee cup that you can buy everywhere in Vietnam with very cheap prices. Products: There are 3 main product lines in Starbuck, including drinks, foods and nutrition. It means that Starbucks tends to serve a range of customers. In contrast, Highlands Coffee only focuses on their main product which helps Highland Coffee attracts more customers who are interested in coffee. Different international business strategy: Generally, we can see that Starbucks wants to expand their market by providing more products...
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