Introduction
Value chain analysis is useful for new producers, including poor producers and poor countries trying to enter the global market in a way that will provide for sustainable income growth. The value chain analysis also is useful as an analytical tool in understanding environmental policy which provides for the efficient allocation of resources within the domestic economy.
Company Background
Starbucks started in 1971 when three academics: English teacher Jerry Baldwin, history teacher Zev Siegel, and writer Gordon Bowker, opened a store called Starbucks Coffee, Tea, and Spice in Seattle. These three partners shared a love for fine coffees and exotic teas and believed they could build a clientele in Seattle much like that in the San Francisco. Each invested $1,350 and borrowed $5,000 from a bank to open the Pikes Place store. The company began its first operations by providing coffee to restaurants and espresso bars, by the mid-80s, the director of retail operations and marketing, Howard Schultz introduced the idea of coffee house to the company’s founders.
In 1991, Starbucks began to gain ground and by end of the decade, the company had grown significantly. The 1990s was considered to be the company’s turning point toward becoming a giant company. However, it was at the beginning of the millennium that the Starbucks through the introduction of “Starbucks Experience” that its “miracle” occurred. The coffee store grew in leaps since the year 2000. On the first half of this decade, the company expanded in the domestic and international markets (Garza, 2012).
Vision
The vision of Starbucks is to be known as one of the world’s great companies by leading with courage, passion and integrity. Creating one of the world’s best brands by maintaining an uncompromising commitment to the quality of coffee. Creating a good work environment and believing in the