Question

How do the operational goals of STARBUCKS align with the financial goals?

Can anyone summarize it after viewing the 10K Annual report of STARBUCKS?

Answer 1

A 10-K is a comprehensive report filing annually by public companies about their financial performance. The report is required by the U.S Security and Exchange Commission (SEC) and it's far more detailed than the annual report. It includes information such as company history, organization structure, executive compensation, equity, subsidiary and audited financial statements among other informations.

Operational goal's :

Operational goals are the specific to the daily task and requirements to run a business.Effecient operations makes it easy for the employees to function and excel within their work environment.Operations ensures that products and services make it to market through predefined daily task.Setting operational goal early makes it easier to scale and grow a business.

Operational goals of Starbucks is development of a culture that embarrase acceptance and is supportive in nature.

Financial Goals :

Financial goals are the priorities and target you set for how you want to spend and save your money.This goal differs from company to company as they may have various financial goals.It helps to moniter the money and keep a track on out expenses and income.

The objective is to be a leading retailer.