International Marketing
A situation analysis is termed as a foundation to be used for a marketing plan. A situation analysis normally includes an examination of both the internal and external factors that can affect a business. A situation analysis creates an overview of the organization that acts as a guide to understanding the factors that influence the future of an organization (Lorette, 2010). The paper will look at the situation analysis for Starbucks's coffee for entry into India as the target market.
Starbuck's international profile
Starbucks Corporation is a global coffee chain house and companies which started in 1971 as a roaster and a retailer of ground coffee, whole bean coffee and tea in Seattle. The mission of the company is "to inspire and nature the human spirit-one cup and one neighbor at a time." Over the years Starbucks has undergone a rapid expansion and now it is the largest coffeehouse company in the world with close to 149,000 employees (Speiser, 2003). The Company operates in 61 countries all over the world. Today the company connects with millions and millions of customers all over the world providing them with close to 30 blends and single-origin premium coffees in a family type environment with brilliant customer service. Starbucks boosts of a brand portfolio that includes Starbucks coffee, Seattle's best coffee, LaBoulange, Evolution fresh and so many more (Paunikar, 2012). This clearly shows that Starbucks is a company that has an international presence and is therefore well-known. Despite its international presence Starbucks still needs to expand more especially in cities in India. This is especially due to the fact that there has been a revolutionization of the coffee consumption as well as the economic growth in the country. The rational for this further internationalization is so that the company can...
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