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ANSWER THE FOLLOWING QUESTION: Starbucks Corporation is an American multinational chain of coffeehouses and roastery reserves headquartered in Seattle, Washington. As the world's largest coffeehouse

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ANSWER THE FOLLOWING QUESTION: Starbucks Corporation is an American multinational chain of coffeehouses and roastery reserves headquartered in Seattle, Washington. As the world's largest coffeehouse chain, Starbucks is seen to be the main representation of the United States' third wave of coffee culture. As of September 2020, the company had 32,660 stores in 83 countries, including 16,637 company operated stores and 16,023 licensed stores. Of these 32,660 stores, 18,354 were in the United States, Canada, and Latin America. Starbucks locations serve hot and cold drinks, whole-bean coffee, micro ground instant coffee known as VIA, espresso, caffe latte, full- and loose-leaf teas including Teavana tea products, Evolution Fresh juices, Frappuccino beverages, pastries, and snacks including items such as chips and crackers; some offerings are seasonal or specic to the locality of the store. Depending on the country, most locations offer free Wi-Fi. Starbucks has a new strategic plan with the following objectives: . Financial: Increase prot by 3% annually for 3 years. . Customer: increase customer satisfaction by 1% annually, and attract new customers from age group (15-21). . Operation: improve number of customers served by employee by 2% annually. . Innovation & learning: improve employee retention rate by 10% for the next 3 years. You have been hired by Starbucks to lead a team to put together an early warning system for this strategic plan. (30 Marks]

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