Benchmarking With Costa Coffee And Caffe Nero Marketing Essay

Benchmarking With Costa Coffee And Caffe Nero Marketing Essay The organisation chosen for the report is Starbucks Corp. and the report would compare it with two similar companies, one being Costa Coffee and the other being Caffà © Nero. The report would highlight the frameworks underpinning the competitive position of Starbucks and also would identify and asses the economic and the competitive position of the firm. A financial model using appropriate ratio analysis would also be presented in a spreadsheet format identifying the industry trends and their impact on the performance of Starbucks vis-à  -vis Costa Coffee and Caffà © Nero. Both quantitative and qualitative data would be made available so as to provide an insight into Starbucks sustainable performance and prospects. Analysis of Starbucks operational, financial, organisational and marketing capabilities would be made available through application of PESTEL analysis, Porter’s 5 forces model, the Ansoff Matrix and the BCG Matrix. The report would also discuss the issues, the p roblems, the opportunities and the options available to Starbucks for future business growth, followed by conclusions to draw together all the variables identified. Recommendations would be provided for the company highlighting the direction it needs to take to ensure business profitability with comments on the suitability, acceptability and the feasibility of the options made available. INTRODUCTION The Starbucks Company was founded in Seattle in 1971 by Gordon Bowker, Jerry Baldwin and Zev Seigel with a vision to educate American consumers about the fine coffee drinking experience. In 1987 Howard Schultz took over the Starbucks Group. Starbucks is the number one in the industry, with more than 12,000 shops in more than 35 countries. Just within a couple of years they grew from a small coffee business house to a multi-million dollar player in the coffee industry by buying the best coffee available and providing the people with an unmatched store experience. Freshly brewed coffee is the main product offered by Starbucks along with other drinks which include cold and hot teas, cakes and pastries. The Starbucks coffee comes in a many varieties each possessing a different taste, aroma and flavour. INDUSTRY TRENDS AND MARKET ANALYSIS The market right now for gourmet coffee business is hot. All the multi-national fast food chains and street-corner shops want in on the boom. Many big companies are focused on the supply of specialty branded coffees and the economic stage is heating up. Specialty coffee industry is one of the fastest growing financial services globally. Growth in the coffee industry is continuously peaking, with many new overseas companies entering the market using policies offering exclusive perks and special discounts, despite the questionable quality of the coffee being used to increase the market share. A notable trend seen is that often a significant increase in sales occurs every time a cafà © starts to use branded consumables. The consensus is that these coffee drinks would be a long-term trend, with focus on elevating the customer’s taste for a product that they are familiar with and then leading them to the coffee stores to buy it. Many companies are also tinkering with expanding the food menus as well including an in-store display of sandwiches, fresh baked goods and many confectionary items.

Read instructions Essay Example | Topics and Well Written Essays - 250 words - 5

Read instructions - Essay Example Teachers emerge from a variety of corners in the school day experience. They are solely accountable to the whole fraternity concerning the content of their evaluations. The evaluation tenets consider a continuum of shared language vision in the technique. The basic standards that are critical in the evaluation process are as follows. The first standard revolves around the content knowledge. This standard demands the teacher to possess an in-depth understanding of the subject matter. They must attempt to eke a correlation between the content and life experiences. The second standard touches on teaching and classroom learning. This focuses on the classroom organization, taking care to provide relevant age appropriations and relevant assessment criteria to the learners. The next phase borders on the literacy acknowledgements in the instruction. The instructor must aim to fulfill both oral and written communication to advance their rote technique. The fourth measures the diversity of the classroom fraternity. The curriculum and teaching resources must be sensitive of the varied cultures and racial affiliations of the learners. The last phase touches on the teacher professionalism akin to the appropriate delivery in the class. This tenet also emphasizes the ethical implications of the teacher. Lastly, the evaluation process has different connotations. The teacher can perform an administrative driven self-assessment. A dialogue is also relevant, between the teacher and the assessor. Additionally, observation in the class also takes place twice during the school year. It is impromptu and often, the results form the basis of teacher proficiency determination. Evaluation completion results in step raises for the teachers depending on years of

The Various Concepts of Factors for the Job Satisfaction Essay

The Various Concepts of Factors for the Job Satisfaction - Essay Example Comparing and contrasting the various concepts of factors that contribute to job satisfaction. In my view, the factors of appreciation, support, employee feedback, remuneration, relationship with the manager are all factors which are most essential for an employee to be completely satisfied with his or her job. If an employee is appreciated for his good work and efforts, such an employee will tend to work hard every time and face challenges and overcome them because that employee will know that he will be recognized for his/her efforts. The support that he gets from his seniors and his colleagues at his workplace boosts his courage to work through work problems. Moreover, if the management maintains a routine of reviewing the on job positives and negatives through the employees feedback such employees feel that they are being heard and protected. The salary that the employees are being paid is one major factor that can either completely motivate or demotivate the employees. Steps to improve employee morale and overall job satisfaction: the concept of morale includes both fragments of satisfaction and motivation. Morale is basically the motivation and determination that the employees tend to carry on their jobs with. Employee job satisfaction affects the morale and consequently, the determinants of job satisfaction give in to the forecast of morale within the worker. I would make sure that our company implies the factors of employee appreciation, support, employee feedback, employee remuneration, employee relationship with the manager.