1. Introduction As the new District Manager at new Dunkin Donuts stores, many factors need to be identified and evaluated for the successful opening and operation of stores. As the district manager, there are several responsibilities that need to be executed effectively to achieve the operational goals of Dunkin Donuts. Operation of new stores would require identification of trends, innovative ideas, and achieving target turnovers. There are several important decisions that need to be taken for the successful opening and operation of new stores such as preparing the job design and organizational design, recruitment and selection process, and training ...
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Company Analysis: Starbucks v/s Dunkin Donuts
About the paper The paper is commissioned to perform the analysis of the coffee giant, Starbucks and its competitor, Dunkin Donut for the latest two financial years. As part of this analysis, first, we will unearth some of the aspects which are not disclosed in the financial statements, but still, are imperative while making an investment decision in the company. Thereafter, we will compare financial as well as non-financial aspects of both the companies, and will then culminate this paper with a conclusion that which company looks financially attractive and is worthy enough to be included in the portfolio.
Analyzing non-financial factors: Starbucks Inc.
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My new role in this expansion for growth of The Dunkin Donuts by opening five new locations is huge task that I plan to undertake in the most professional way possible. Based on my past experiences in job staffing, leading, training, couching, and managing employees, which have contributed to my success in the previous position at Dunkin Donuts, I believe I can extent the same expertise to this new role. In my new role, I Intent to adopt a more advanced job design, organizational design, recruitment and selection process, and training and performance appraisal measures to ensure successful opening ...
Introduction
Human resource management is an important part of the organization since it determines the productivity of employees, their quality of output, and eventually customer satisfaction. It involves the identification of talents and selection of the most valuable talents to the organization. The organization is responsible for utilizing these skills through clear job designs that specify the job of every individual. The organizational structure determines the relationship between employees at various levels and determines efficiency in performing various tasks (Gilmore & Williams, 2009 p.56). New Dunkin Donuts stores demand a clear plan of their operation and management. Human resources are crucial ...
Executive Summary
Starbucks is rated as one of the world’s most valuable brands, with global sales exceeding a whopping $17.01 Billion, the company engages in the manufacture and sales of coffee and tea, and operates in multiple segments, globally, that includes, Americas; Europe, Middle East, and Africa; China/Asia Pacific; Channel Development; and Other. The target markets of Starbuck are Adults, Young Adults and Kids and Teens, with a focus on both genders, i.e. male and female. The competitive advantage that Starbucks have against the competition is the status symbol and also the experience that the brand is selling and this ...
In business, organizations embrace broader strategies to counter competition. However, regardless of the strategies chosen, factors such as the target market as well as competitive advantage align the business towards countering any competition from rivals. Since its inception, Starbuck has employed a differentiation strategy. The firm has concentrated on a wider segment of the coffee market. Schilling (259) points out that since 2013; differentiation strategy has assisted the company remain the undisputed leader in the coffee business. According to Schilling (259), while embracing the strategy, Starbuck had accumulated over thirteen million dollars. Besides, it had over nine thousand branded ...
Cadbury Schweppes
This company uses a pragmatic approach to standardize their confectionery and soft drinks products. It applies similar marketing mix to sell their products locally and globally. The products remain same but differences may occur in prices, distribution channel aspects as well as the language they use to advertise them. In case they are rolling out a new product, it will have to be tasted before being considered for distribution around their global market.
Gillette
Gillette is a self-described global company that manufactures and markets blades and razors. It has become a classic multinational company and fully globalized by marketing their ...
Dunkin’s Donuts operates two main brands, which are Dunkin's Donuts and Baskin-Robbins, in more than 60 countries using a distribution of more than 1800 franchises located in different parts of the world. One of the biggest challenges facing the growth of the Dunkin’s Donuts is the existence of poor franchise relationship that has resulted to numerous law suits every year. It acts as a major setback towards the development and expansion of the company since such lawsuits ruin its reputation; thus, scaring away investors from investing in the company. For instance, in 2010, the company experienced a ...
Abstract
The research paper evaluates the mergers and acquisitions activity of Starbucks Inc. to understand the impact of such activities on small and medium scale firms, and whether the large scale companies such as Starbucks Inc. are actually able to dominate small scale firms and benefit out of the acquisitions. Our analysis revealed that Starbucks Inc. was able to generate a phenomenal growth through two of its latest acquisitions. However, we were cannot generalize the situation here as our research paper was based entirely on qualitative basis and we recommend the analysis to be performed on quantitative data for a ...
Other Details:
Starbucks Strategic Analysis Introduction Starbucks ranks 45th on the Forbes list of hundred most innovative companies and 52nd on the list of worlds most valuable brands (Forbes, 2015 a & b). This is no small achievement considering the size of the corporation and its level of expansion. At last count in 2015, the corporation boasts of 22519 stores in 66 countries around the globe in which they offer a variety of products ranging from coffee to beverages to ready to drink delicacies. For an organization of this size, sustainability of product quality and service quality is an ongoing challenge. In ...
Company description
Dunkin Brands Group is a Delaware corporation dealing in the business of ice creams, baked goods, bagels, muffins, breakfast sandwiches, and hot and cold coffee, among other products. It franchises quick service restaurants all over the world. The company was founded in 1989 when Allied Domeeq Quick Service Restaurants acquired Baskin Robbins and Dunkin Donuts and organized the two firms under one name, Dunkin Brands Group, Inc. (Dunkinbrands.com, 2015). The company operated more than 18,800 distribution points in about 60 countries as at December 27, 2014 (Dunkinbrands.com, 2015). The company operates through its four segments; Dunkin Donuts-US, Baskin ...
Management
Introduction: Dunkin' Donuts is one of the widely recognized businesses in food retail. The company is the world’s largest chain of coffee and baked goods. The business initiated in 1950 and they started franchising in the year of 1955. According to the statistics presented in the annual report (Dunkin' Donuts, 2014), the company has more than 11,310 stores. A reasonable amount of these stores functions successfully all over the globe. The franchises under the umbrella of Dunkin' Donuts serve more than 2 million customers every single day all over the globe. Dunkin donuts offer more than ...
Management
Question 1 Business level strategy refers to the selection of particular business process that the company can compete and the coordination and development of those selected business. For McDonald’s, the company has already chosen the nature of its business activities (McDonalds, 2013). As such, its business level strategy entails the identification of its segment of customers and the manner in which these clients add value to the company. The strategy for this company is to produce goods and services more efficiently to ensure that it maintains and expands its circle of clientele. Dunkin Donuts also has a ...
Introduction
Starbucks Corporation is known to be the largest coffeehouse organization globally. The company is an American international coffeehouse chain and coffee company having more than 20,891 stores in approximately 62 countries. Its largest store chains are in United States with 13,279, second largest in Canada with 1,324. Moreover, it has 989, 851 and 806 stores chains in Japan, China and United Kingdom respectively.
Expansion of Starbucks without destroying its core business
The primary business of Starbucks is the coffee that is sold in morning hours which is the peak time when drinking coffee is most popular. For many years, Starbucks has struggled attract customers ...
Starbucks is the world’s leading coffee house chain. Ever since its inception in Seattle, Washington, over 40 years ago, the company has managed to expand its operations to over 60 countries, managing a total of more than 18,000 outlets (Starbucks, 2014). According to Forbes, Starbucks is the 76th most valuable brand in the world due to its robust business performance and incredible brand recognition globally (Forbes, 2014). Dunkin Donuts, on the other hand, is Starbuck’s major competitor and perhaps the biggest one. The company specializes in serving an elaborate variety of donuts and coffees along with ...
History and Background of the company
Caribou Coffee Company is the second largest company in the United States (Press Release, 2013), that sells coffee, bakery items and tea in about 415 coffeehouses that are owned by the company. The products are sold in approximately 40 states and also in the District of Columbia, and in the 126 franchises located at different places worldwide. The Caribou Coffee Company was founded in the year 1992, the founder of company is John Puckett, who was a management consultant in the Bain & Company-a Boston based company. He has provided assistance to the other companies for the development of strategies and ...
The reason for difference in Net Profit from Operations in the Income Statement and Cash Flow from Operations in Cash Flow Statement is because, both the financial statement follows different accounting principle. While the Net Income of the company is calculated by following accrual basis of accounting, the CFO is calculated by strictly following cash basis of accounting. In other words, if the revenue from a unit sold during December is expected to be received in January, the income statement will record revenue in December itself while no such entry would be posted in Cash flow from Operations. Hence, Income ...
Planning at Starbucks
Introduction Starbucks is a renowned coffee place and has grown exponentially over the last forty years. In 2007, Starbucks experienced a decline in their sales. This was largely due to growing competition from McDonalds, Dunkin Donuts, and other similar outlets. Starbucks unique selling point was in providing fresh coffee and convenience. It had special importance for its customers as it provided coffee and other breakfast items. However, with McDonalds launching their breakfast line and entering the coffee market there were more options available to Starbucks customers. By 2008, when Schultz gained control as CEO at Starbucks the company’s share ...
Introduction
This case study focuses on the opening of new Dunkin Donut locations. Dunkin Donuts is an international donut and coffee house company with headquarters at Canton, Massachusetts. The company belongs to the food and beverage industry. The company offers baked foods such as donuts and bagels; iced beverages; hot beverages; soft drinks and frozen beverages (Rangaswamy, 2012). The management of Dunkin Donuts franchise intends to open five new stores in two years’ time. This case study presents the job design (Franchise manager, baker, accounting manager and coffee maker); organizational design; recruitment and selection procedures and the training and performance ...
BUSINESS STRATEGY
Business Strategy According to Data Monitor (2011, p. 4) Starbucks is the world largest specialty coffee retailer with many coffee shops in 62 countries across North America, Latin America, Asia Pacific, Europe, Africa, and Middle East. . Since inception, the firm has been able to traverse the United States and globally and open franchises at an impressive rate. Starbucks headquartering is in Seattle, Washington and employs close to 182,000 people as at September 2013 (Starbucks to outsource its HR Function, 2013. P.17). The firm recorded $14,892.2 million in the financial year ending 2013. Jennings (2012, p.19) says ...
Affiliated Institution:
1.Introduction The strategic management of an organization is often responsible for its success. This research will focus on Starbucks Company in an attempt to understand how strategic management is key for the success of an organization. To achieve this aim the report will incorporate appropriate models and concepts to analyse Starbucks Company. The first step will be to provide the company’s background, Starbuck’s competitive advantage, as well as models like Porter’s five forces, SWOT Analysis, Porter’s generic strategies and the PESTEL analysis. Finally, the report will offer recommendations that will greatly assist Starbucks to ...
Financial Analysis: Starbucks Corporation
Introduction: Our analysis of a company listed on US Stock Exchange is based on Starbucks Corporation, the concerned industry is of Speacility Eateries. Starbucks Corporation is a leading marketer and retailer of coffee, having its outlets in 60 countries around the world. The stock of the company is listed on NASDAQ Stock Exchange with the tick symbol of ‘’SBUX’’. Apart from selling coffee, the company is also involved in tea, beverages and variety of fresh food items. Today, Starbucks is a leading and most recognized coffee brand in the world. The most popular brand of Starbucks, K- Cup sources 72% ...
Introduction
Starbuck was established in 191 with the first store opening in Pike Place Market in Seattle, Washington by three partners Jerry Baldwin, Zev Siegal and Gordon Bowker. The main focus of the trio was to sell coffee beans and equipment. During the first year of their operations they purchased coffee beans from retailers. They started buying coffee beans directly from the farmers the subsequent years. Howard Schultz joined the company in 1983 and proposed that the company should also sell espresso drinks in addition to coffee beans. This ideas was not accepted by the other partners because it could ...
(Professor Name)
25th, November, 2013
Comparison and Financial Analysis of Starbucks Corporation and Dunkin Donuts Introduction: Our analysis of a company listed on US Stock Exchange is based on Starbucks Corporation, while for the purpose of comparison with the competitor within same industry, we shall be analyzing financial statements of Dunkin Donuts. Atlthough the valuation will be based on 1st November, 2013 but for ratio analysis we will be using 202 annual report of both the companies to facilitate comparison.
The concerned industry is of Speacility Eateries.
Starbucks Corporation is a leading marketer and retailer of coffee, having its outlets in 60 countries around the world. The stock of ...
(Professor Name)
Financial Analysis: Starbuck Corporation Our analysis of a company listed on US Stock Exchange is based on Starbucks. The concerned industry is of Speciality Eateries.
About the Company:
Starbucks Corporation is a leading marketer and retailer of coffee, having its outlets in 60 countries around the world. The stock of the company is listed on NASDAQ Stock Exchange with the tick symbol of ‘’SBUX’’. Apart from selling coffee, the company is also involved in tea, beverages and variety of fresh food items. Today, Starbucks is a leading and most recognized coffee brand in the world. The most popular brand of Starbucks, K- ...
Section 1 Part a: Name of company
The name of the company for this project is Dunkin Donuts. Part b: Industry The company is in the industry of franchising quick service restaurants (QSRs). Dunkin Donuts serves hot and cold coffee, baked goods and hard serve ice cream. The company focuses on menu innovation, marketing and franchisee coaching and support. Dunkin Donuts operates in four segments; Dunkin Donuts US, Baskin-Robbins International, Dunkin Donuts International and Baskin-Robbins US (Dunking Donuts Annual Report, 2012, p 1). To add onto this, Dunkin Donuts generates revenue from five main sources. The first source is royalties and fees from franchised restaurants ...
(Professor Name)
Financial Analysis: Starbuck Corporation Our analysis of a company listed on US Stock Exchange is based on Starbucks Corporation, while for with the competitor within same industry, we shall be analyzing financial statements of Dunkin Donuts. All our calculations will be confined to annual reports of 2012 and 2011.
The concerned industry is of Speciality Eateries.
About the Company: Starbucks Corporation is a leading marketer and retailer of coffee, having its outlets in 60 countries around the world. The stock of the company is listed on NASDAQ Stock Exchange with the tick symbol of ‘’SBUX’’. Apart from selling coffee, the company is also involved ...
Introduction:
Our analysis of a company listed on US Stock Exchange is based on Starbucks Corporation, while for the purpose of comparison with the competitor within same industry, we shall be analyzing financial statements of Dunkin Donuts.
Starbucks Corporation is a leading marketer and retailer of coffee, having its outlets in 60 countries around the world. The stock of the company is listed on NASDAQ Stock Exchange with the tick symbol of ‘’SBUX’’. Apart from selling coffee, the company is also involved in tea, beverages and variety of fresh food items. Today, Starbucks is a leading and most recognized coffee brand in the ...
(Topic of the paper)
Introduction:
Our analysis of a company listed on US Stock Exchange is based on Starbucks Corporation, while for with the competitor within same industry, we shall be analyzing financial statements of Dunkin Donuts.
Starbucks Corporation is a leading marketer and retailer of coffee, having its outlets in 60 countries around the world. The stock of the company is listed on NASDAQ Stock Exchange with the tick symbol of ‘’SBUX’’. Apart from selling coffee, the company is also involved in tea, beverages and variety of fresh food items. Today, Starbucks is a leading and most recognized coffee brand in the ...
INTRODUCTION
The objective of this paper is to evaluate and explain the importance of mission and statement, and values in determining the direction for the business in forthcoming years. In order to do so, this paper proposes a mission statement for the business by taking into consideration a variety of factors that are essential for growth of the business. The vision statement, on the other hand, helps in the deciding the future of the business. By taking into account the importance of vision statement, this paper focuses highly on developing a vision statement to define the strategic path and direction of the business ...
Dunkin Donuts Product Launch Plan
Product Description
Dunkin Donuts is undoubtedly one of the leading and largest producers of coffee and baked goods chain of companies. With an estimated 5,500 retail outlets specializing in the sale and distribution of doughnuts and coffee, Dunkin Donuts daily serving output averages 2.7 million coffee cups of coffee and 4 million doughnuts. Additionally, the Dunkin Donuts is known for its rich product portfolio that comprises of a diverse variety of doughnuts and extended range of bakery products (Dunkin Donuts, 2012). Bagels, muffins, and munchkins donut hole treats are some of the extensive range of bakery products available at ...
Consumer analysis
1) Demographics- The information about the population sizes, incomes the age structure, geographical distribution etc and future trends is easily available in official government population reports. In order to obtain this information, a survey of the existent secondary information/reports was conducted by the marketing staff at every Starbucks store to determine the nature of the demographics in every market (Andreasen & Kotler, 2003).
2) Psychographics- It is important to determine the values, beliefs, personality, lifestyles and interests etc, of the market, especially since this service is largely a lifestyle product. In order to determine these, personal interviews and questionnaires were administered ...
Starbucks brings the expression of Europe into all the corners of the world. The refinement, tastes and the whole culture of the ancient Italy or France catches life in the Starbucks coffee shops. Its marketing strategy is oriented to attracting people who are willing to try out the stylish European experience, and consume the natural coffee, extracted from whole bean coffee, which makes it a white collar, luxury brand. Starbucks offers not only a coffee and a donut; it serves a full sensory experience, making it into a lifestyle. People who come to Starbucks are there to communicate, to work, to relax, to listen ...
Starbucks is a huge, international firm, and it has developed a unique loyalty reward system for its customers. As with any large company, Starbucks has a variety of competitors, many of whom also have their own customer loyalty reward schemes. Such schemes are designed to keep existing customers and, as the name suggests, to reward the loyalty of existing customers. The schemes are not designed to attract new customers. Therefore, comparing the effectiveness of two different loyalty schemes can be problematic. Nevertheless, Starbucks appears to have honed their scheme to encourage customers to keep using the stores. The Starbucks loyalty reward ...