Listed below you will find some WEAKNESSES and THREATS for Starbucks, read them carefully then proceed to...

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General Management

Listed below you will find some WEAKNESSES and THREATS forStarbucks, read them

carefully then proceed to answer the questions that follow:

Starbuck Weakness

:

1) Customers not willing to wait in long lines at stores duringmorning rush hour and lunch hour.

2) Coffee dominant business with a poor reputation forcreativity around new product and companion productdevelopment.

3) Too dependent on word of mouth to create brand awareness.

Starbucks Threats:

1) Better value offered by local coffee house shops and nationalcompanies like Dunkin Donuts and McDonalds McCafe.

2) Downturn in the economy can decrease customer traffic andspending.

PART I : MARKETING ASSIGNMENT QUESTIONS

1). Assume you are the Vice President of Marketing forStarbucks.

Select 1 Weakness and 1 Threat from the list provided above,andexplain how you would recommend taking that selected weakness andturning it into a strength and the selected threat and turning itinto an opportunity.

Part 2:

Provide 2 explanations as follows:

2a) Explain how the weakness turned into a new strength wouldimpact the disciplines of Marketing, Finance, Management andOperations.

2b) Explain how the threat turned into a new opportunity wouldimpact the disciplines of Marketing, Finance, Management andOperations.

(3-4 Pages)

Answer & Explanation Solved by verified expert
3.9 Ratings (594 Votes)
1 Let us take weakness as Customers not willing to wait in long lines at stores during morning rush hour and lunch hour We can create an online portal where customers can place their order with FURTURE time of arrival This will have the company to receive orders in advance and employees can start working as per it so that customer does not have to wait in long lines for orders Also we can mark orders with unique number and this will    See Answer
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