Monday, October 7, 2019
Starbucks Essay Example | Topics and Well Written Essays - 500 words - 2
Starbucks - Essay Example The company sources approximately 50% of its beans from South America, 35% from the Pacific Rim, and 15% from East Africa. The company chooses its location very carefully in order to ensure the maximum customer traffic possible. The firm enjoys a tremendous competitive advantage in terms of reach due to the fact that the firm has 16,635 franchises worldwide. The real estate strategy focuses on flexibility which allows the firmââ¬â¢s retail stores to fit in any type of area including corners, trapezoids, or triangles. The firm has built a tremendous corporate culture by empowering its employees. The employees of the company are referred to as baristas. The firm promotes diversity among its staff. ââ¬Å"As partners, we embrace diversity to create a place each of us can be ourselvesâ⬠(Starbucks). The corporation realizes that its employees are a critical success factor that enables the firm to offer its customer a unique experience. Some of the guiding principles of the compan yââ¬â¢s culture include providing a great work environment, applying the highest standard of excellence, satisfying the customer, and recognizing profitability is essential to the future success of the business. Starbucks has a tremendous variety of delicious coffees and hot drinks. The baristas have the freedom to customize the customer drinks to comply with the needs.
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