On July 25, 2019 Starbucks announce that it would raise its full-year financial outlook due to strong performance. Starbucks is a global provider of exceptional products that include more than 30 blends and single origin premium coffee’s hand-crafted beverages merchandise such as coffee and tea brewers consumer products good sold in grocery stores and other retail outlets and fresh foods.
The company’s mission is to inspire and nurture the human spirit one person one cup and neighborhood at a time Starbucks 2018 Starbucks has more than 22,500 stores across the world in over 50 different countries. The company has successful brands such as Starbucks coffee Seattle’s best coffee, Teavana, Tazo, Evolution Fresh, LaBoulange, Ethos Water, and Torrefazione Italia Coffee.
In 2019 Starbucks had revenues of 26.5 billion and an operating income of 4.07 billion the revenue is broken down as follows beverages = 74%, food = 20%, packed & single serves coffee = 1%, and other serveware and ready to drink beverages equals 5% major competitors of Starbucks include but are not limited to Dunkin Brands group Inc. Jacobs Douwe Egberts jamba juice company krispy kreme doughnuts inc. Luigi lavazza S.p.A Mcdonalds corporation nestle SA panera bread company peet’s coffee & tea inc and the J.M. Smucker Co.
Given your understanding of the Company and industry described above address the following questions
a) Identify the most likely business level strategy the company is pursuing as its primary business level strategy take care to offer at least three supporting arguments/statements.
b) Given the company described above please describe the competitive rivalry and dynamics this from faces please offer at least two supporting statements or points for each (4 in total)
c) Describe the level of diversification pursued by the company and offer at least two supporting points to justify your classification. Label your answers
In: Operations Management
Steph Curry’s Coffee Shop decides to install an automatic coffee
vending machine outside one of its stores to reduce the number of
people standing in line inside. The shop charges $3.50 per cup. The
service time is a constant 2.8 minutes, and the arrival rate is 15
per hour (Poisson distributed).
a) What is the average waiting time in line?
b) What is the average number of people in line?
c) The shop decides to raise the price to $5 per cup and takes 60
seconds off the service time. However, because the coffee is now so
expensive, the arrival rate drops to 10 per hour. Now what are the
average wait time and the average number of people in the queue
(waiting)?
In: Operations Management
Variable Pay is compensation that is tied to performance. Incentives are tangible rewards that encourage or motivate action.
Why do you think variable pay plans have become so popular? Why might gift certificates be a better incentive than providing cash/additional pay to employees?
In: Operations Management
Assuming for example that more automobiles were eproduced in China last year than in the US, yet the US is still dependent on China (and others) as a major part of the supply chain for parts, assemblies, etc. for the auto industry, where do the firms go for their "plan B" IF in deed they have a plan B?
The point is less "where would they go" but rather thinking in terms of Porter and others, are these supply chain elements easily replaceable? Is it time and cost prohibitive? As big and fancy as these firms are, do they really have a plan B?
In: Operations Management
The manager of an organic yogurt processing plant desires with a mean of 16 ounces +/- 0.5 ounces. The process has a mean of 15.9 ounces and a standard deviation of 1 ounce.
Now the management has redesigned the system and so the standard deviation of the process is reduced to 0.1 ounces.
In: Operations Management
In: Operations Management
Would you join an Employee Resource Group if there was one in
your workplace? Why or why not?
Yes – please explain why
No – please explain why not
It Depends – please explain what factors it would depend upon
In: Operations Management
In: Operations Management
Technology in the early childhood classroom is a hot topic. Opposing sides believe it is either appropriate or inappropriate in an early childhood environment. Select one issue related to technology and discus whether you are for or against it. Issues could include screen time, hand held devices, etc. Support your rationale with evidence from research.
In: Operations Management
Discuss the purpose of the Control Communications process.
a. Discuss the purpose of status review meetings, who should conduct them, and some of the procedures you should implement. Discuss how you’ve used status review meetings in the past and whether they were efficient and well attended. What are some things you could do differently in the future to make status review meetings run more smoothly?
b. Describe the difference between work performance data, work performance information, and work performance reports.
c. Discuss the purpose of the Control Stakeholder Engagement process.
In: Operations Management
In: Operations Management
Review the case study "Don't Drink the Water in Flint, Michigan" located in Connect. Write as synopsis (a brief overview) of the case. Please prepare your synopsis as if I (and your colleagues) do not have the whole case study. Your synopsis should be concise, complete, and fully describe the situation “as you see it.” The synopsis should not exceed 4-5 paragraphs. Identify three (3) problems (Stop 1) and utilizing the material (Stop 2) we have covered in the course so far and make three (3) recommendations (Stop 3) to solve the problems. Each problem will require a justified recommended solution.
In: Operations Management
1. Provide for me a brief history of the major boycotts at the Olympic Games (what boycotts and why they happened) as well as a brief history of the doppelgänger nations appearing at the Olympic Games. Be sure to tell me why each of these things is significant.
In: Operations Management
1.) Outline and detail a PESTEL analysis. What, in your opinion, is currently the strongest component of the macro-environment? Why? How has this changed?
Your answers will be short essays and should be three full paragraphs or longer.
In: Operations Management
Please make sure you add the sources and references on your post.
Give an example of a B-corporation or a Cooperative or a CSR initiative of a for profit corporation that impressed you for its social responsibility and explain why.
In: Operations Management