Saturday, May 23, 2020

Starbucks A Global Business Essay - 1384 Words

Starbucks was founded nearly forty-five years ago as an organization that holds the belief that it was possible to balance good business with uncompromising values. (CITE 1) Starbucks is a global business that operates in over seventy countries and has more than twenty-four thousand stores. Starbucks locations serve hot and cold drinks, whole-bean coffee, espresso, tea, and pastries. Few offerings are limited to seasonal times throughout the year or are specific to the locality of the store. Starbucks brand coffee, ice-cream, and cold drinks are available for purchase at local and nationwide grocery stores. As a business, Starbucks endures to employee business standards and practices that produce social, environmental, and economic benefits for the hundreds of communities throughout national and international stores. Starbucks continues to demonstrate its commitment to the welfare, economic improvement and sustainability of the people and places their products and services are sold. Starbucks opened in Seattle, Washington on 31 March 1971, by Gordon Bowker, Zev Siegl, and Jerry Baldwin who met at the University of San Francisco. The first store was located at 2000 Western Avenue from 1971-1976, before finally relocating to 1912 Pike Place. (CITE 2) In 1987, Mr. Bowker, Mr. Siegl, and Mr. Baldwin sold the Starbucks chain to the former manager Howard Schultz. With every organization, its business ethics reflect the vision of its business, of which is to determine theShow MoreRelatedDifferent Elements Of Business And Global Environments Affect Starbucks From A Business Perspective Essay2145 Words   |  9 Pagesunderstand different elements of business in Starbucks the publicly traded company. We have analyzed and compared how social, economic and global environments affect Starbucks from a business perspective. We studied and summarized how marketing, finance, international business, accounting, and management function in Starbucks. 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