Tuesday, May 14, 2019
Business marketing assignment (Starbucks) Essay
Business marketing assignment (Starbucks) - Essay ExampleSeveral terrorist groups are targeting the customers of Starbucks Cafe in order to achieve their semipolitical goals and demands. For example, terrorist attack in Africa and Middle East took the lives of several in-store customers. These kinds of terrorist activities have negative effect on the billet operation of Starbucks. The impact is affecting the overall sales and profit of the organization. Starbucks are selecting politically stable countries for their communication channel operation. This schema will help the organization to maximize business growth and market share.Recent monetary crisis and global economic recession has reduced the purchasing power of people. Low disposable income, increasing unemployment rate, graduate(prenominal) interest rate and low per capita income reduced the consumption activities of people. Costa Coffee, JD Wetherspoon and McDonalds are the potential competitors of Starbucks. These com petitors implemented free-enterprise(a) pricing strategy in order to achieve potential competitive advantages. Low pricing strategy of the competitors is affecting the business performance of Starbucks.The organization is one of the leading employers around the globe. Starbucks has developed ample stemma opportunities for the job seeking applicants in their coffee shops. This organizational process is helping in economic festering and employment opportunities. Moreover, the organization has developed respectable and better well-disposed hubs where the people can visit with their friends and relatives. good workplace diversity motivates the employees to perform significantly. The organization promoted valuable respect and diversity leading to effective social lifestyle and significant internal stakeholders contentment.Starbucks is capitalizing on the potential opportunities that developed due to the implementation of advanced technology. telephony applications, Starbucks cards and payment through online eased the business functions of
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