Starbucks Financial and Business Analysis- MBA Essay - 1

Starbucks Financial and Business Analysis- MBA - Essay Example With peculiar recognition and deliverance, the corporation is settled with 19000 coffee stores all over the world (Bussing-Burks, 2009). The chain of Starbucks is widespread and it is located in almost 60 countries in the world. With such powerful recognition, Starbucks is compelling with its globalized customer chain order, which makes it a unique coffeehouse chain present in the global market (Bussing-Burks, 2009). There is a big range of items and products which Starbucks offer. The company offers three different categories of products which are coffee goods, handmade beverages and consumer goods. The items which are included in the three respective categories are espresso-hot coffee, cold drinks, snacks, sandwiches, or hot filtered coffee. The company holds an effective supply chain network which is to engage with its worldwide customers’ follow ship. The corporation also holds a place in retailer service, which is centrally operating in Seattle respectively (Bussing-Burks, 2009). With an intensified one liner â€Å"one person, one cup and one neighborhood†, Starbuck’s mission is to drive human spirit in the most aspiring means, and that is by joining work and innovation at one time of service. The company strongly believes in providing quality and is passionate of outsourcing finest coffee beans and is tended with great care (Starbucks, 2012). The company had numerous issues on hands that disrupted its sales and had a negative impact on growth of the company. In 2008, the aim of the company had solely remained to increase rapid growth of the company and its expansion instead of putting more efforts on improving customer services. The increase in intense competition is also the factor that is resulting in shutting down of operations of Starbucks in U.S. New Competitors have risen to offer low priced coffee cheaper than Starbucks itself. The competitors have taken account of