Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

please answer all the questionss.,.within 30 minutes. make sure the explanation and reasons are explained in very detailed manner. else leave it for other tutor

please answer all the questionss.,.within 30 minutes. make sure the explanation and reasons are explained in very detailed manner. else leave it for other tutor otherwise i will give negative ratings and will also report your answer for unprofessionalism. Make sure the answer is 100% correct and IS NOT COPIED FROM ANYWHERE ELSE YOUR ANSWER WILL DOWNVOTED AND REPORTED STRAIGHTAWAY. USE YOUR OWN LANGUAGE WHILST WRITING.

ATTEMPT THE QUESTION ONLY IF YOU ARE 100% CORRECT AND SURE. ELSE LEAVE IT FOR ANOTHER TUTOR. BUT PLEASE DONT PUT WRONG ANSWER ELSE I WILL REPORT.

MAKE SURE THE ANSWER IS WELL EXPLAINED AND DETAILED.

image text in transcribed
Synonymous with premium coffee, Starbucks is one ofthe most admired companies in the world. Over its 30 years in business, the firm has earned top marks for quality, service, management, innovation, and more. Starbucks was the brainchild of Howard Schultz, who conceived of a chain of italian-style espresso bars. He served as the firm's CEO from 1987' to 2000 and again from 2008 to 2017 before turning the position over to Kevin Johnson. Supporting Starbucks' explosive growth and rise to a top international brand is a business model that works as well today as it always has. Starbucks" mission is to deliver premium quality coffee, other beverages, and prepared foods to a young, relatively wealthy, primarily urban demographic who view the firms coffee and other products as an affordable luxury. The firm's products are delivered mostly in inviting, contemporary locations that provide a r"third place\" (aside from home and work) for customers to relax in, and also through partnerships, such as with Kroger grocery stores. Even as it has expanded into new markets around the globecustomizing its product offerings to appeal to localized tastes and preferencesthe firm relies on the strength of its brand reputation to attract and retain customers. innovation in many forms at every level is one ofthe hallmarks of Starbucks organizational culture. The firm is continuously devising new products and product variations, such as seasonally themed coffee drinks, and it vigorously encourages both employees and customers to make suggestions and share ideas. Starbucks also innovates on its in-store experience with such measures as free Wi-Fi, branded music, and drive-thru accessibility. Additionally, the firm employs technology in innovative ways [e.g., building loyalty through social media and using apps to facilitate digital ordering and payment methods). And finally, the firm is innovative in its operations. Just two examples include "extreme vertical integration\" by owning its own coffeegrowing facilities and all other aspects of its value chain, and its attractive benefits package for all employees, which includes tuition assistance and stock options. However, technological innovations have led to a significant problem that is now up to new CEO Kevin Johnson to resolve. The mobile ordering app is creating delivery bottlenecks at countless locations, and these "congestion\" issues are so severe that some stores are seeing a measurable decrease in foot traffic. Declining sales could result in declining stock prices. How wouici you describe Starbucks' organize tienai cuiture, and how did Howard Schuitz impiement this cuiture

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Modern Database Management

Authors: Jeff Hoffer, Ramesh Venkataraman, Heikki Topi

12th edition

978-0133544619

Students also viewed these General Management questions