Thursday, February 13, 2020
Just in Time for Starbucks Case Study Example | Topics and Well Written Essays - 750 words
Just in Time for Starbucks - Case Study Example This paper seeks to analyze Starbucks Operations Management in the lights of broad and diverse academic resources. Recent research conducted in the market suggests that Starbucks has been unsuccessful in meeting expectations of consumers in the customer satisfaction domain. The organization needs to devise and implement a strategic plan in order to generate revenues as well as improving customer satisfaction. Market research suggests that Starbucks was considered to be the biggest coffeehouse in the United States as well as in other countries. It concentrated on younger, lower income, customers. At the same time, it is not meeting the demands of customers in the customer satisfaction domain (Thompson & Martin, 145). At Starbucks, the Senior Management is responsible for analyzing the outcomes of the market research so that it could understand the factors which led to customer dissatisfaction in order to devise plan to meet their demands and increase revenues and sales. In recent times, the demographics of conventional Starbucks have changed. Now days, younger, low income and less educated customers visit the coffee house. Research suggests that traditional customers in the past were considered to be white collar customers aged between twenty five and forty (Zeithaml, 50). Although several factors were identified which had made an impact on customer satisfaction, the speed of service and overall service have been acknowledged as the most important. The company has spent and invested huge amount of money of employee benefits in order to maintain speed of service. Competition Research suggests that Starbucks was ahead of its competitors in operations and profitability. In the United States, Starbucks have competed against several coffeehouse chains. Its competitors include Caribou Coffee, independent specialty coffee outlets, Dunkin Donuts, etc. Company Strategy and Objective The aim and objective of Starbucks is to establish itself as the most popular and famous coffee brand in the world by concentrating on expansion of retails and introducing new products. At the same time, it concentrates on creating a memorable experience around coffee consumption and to accomplish it, they have expanded and operated an experimental branding approach. Customer service was integral part of this approach. Context As mentioned earlier, Starbucks strives for innovation and keeps on investing on new products in order to generate sales and profits. The recent market research indicates that customer service was deemed as unsatisfactory because customers viewed Starbucks as a giant corporation which concentrates on making profits and expanding it self. This indicates that using customer snapshot scores were ineffective in determining the service performance (Hammonds, 245). Consequently, the senior management is worried and needs to devise a plan in order to address the issue of customer satisfaction. By investing more than forty million dollars on additional labor hours is uncertain and risky because this strategy would only concentrate on improvement of speed of service. Recommendations The company needs a wide ranging diverse and broad strategy, which concentrate on customer service. This strategy should concentrate on understanding the needs of the customers and improving their experience. With the improvement in customer satisfac
Saturday, February 1, 2020
History Paper Essay Example | Topics and Well Written Essays - 250 words
History Paper - Essay Example As indicated in the book that there are many other historical, financial and social reasons which put America in economic depression. The stock market crash in the late 1920ââ¬â¢s dragged America in bearing worst economic era failure. This crash needed to be recovered sooner because the severity of it could crash the stability of overall financial sector. The relief funds were called for victims so that the severity of this horrible incident would have been minimized. After years of planning, hard work and mind games American financial system has been revived and now ruling half of the world holding maximum precious assets in it hands from countries all over the world. Speaking of social differences between old America and the new one, reasons and circumstances are a lot in numbers. Americans were known as true racist previously and had much discrimination on several bases like gender, race, color etc. Black people were given their true independence after many fights and related movements, only some have has ewer legal rights to participate and exploit available opportunities as compared to men. But the America of todayââ¬â¢s time is a lot more powerful, free of discrimination (at least in front of world and media), image of freedom of speech and strongly dependent on its nation either males or
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