Intro to business Research Paper Example | Topics and Well Written Essays - 500 words

Intro to backup - Research report Examplespending i.e., food and beverages, and recorded a steady growth in a way of life it invented a new market structure through its monopolistic structure, a thorough competitive activity, application costs and capital structure, all achieved through a systematic approach and healthy business practices.Its jaunt from Seattle to other parts of the United States and then rest of the world is said to have begun in the mid-nineties (Starbucks Coffee Company, par.1). Although Starbucks main products include a variety of coffee, they also provide food services indoors the same outlets. Their main business objectives include production of high quality product, aim for customer delight, ensuring completion employee satisfaction and strategic business performance. Operating in multiple locations across the globe requires a extensive deal of effort, excellent team of executives and an effective leadership. Starbucks leaders infused this culture into every employee through healthy commission practices such as team working, training, empowerment of employees, alignment to the mission and vision of Starbucks, appropriate performance bill and feedback system. From a business perspective, their supply chain network is highly established and well managed through practices such as Coffee and Farmer Equity (C.A.F.E ) program, supplier certification, and robust product evaluation mechanisms. It also abides by all the social, legal, ethical responsibilities towards environment and State through appropriate practices (Starbucks Corporation, p.22). Starbucks has laid much stress on continuous improvement, which includes a continuous identification of areas of improvement taking up these areas as opportunities to perform discover and has successfully implemented Total Quality Management (TQM) system in all sectors (Starbucks Corporation, p.11).The advantages of such business include potential to attract more customers, continuous reven ue generation, increasing popularity and can attract dress hat