Tim Horton's Sustainability Report, the major strengths are that it defines the company's internal structure for implementing CSR, and that it is highly detailed. The first component is important, because it puts the CSR initiatives in the context of the company's overall strategy. The report outlines the management structure of the company and the oversight structure as well. The report discusses the company's history and mission. It is important that CSR initiatives be evaluated in the context of these factors. Corporate social responsibility initiatives are more likely to be implemented effectively if they are aligned with the company's general mission and strategy. A good example of this would be al-Mart, which is already focused on efficiency as a cost-saving measure, making it easy to focus on reduced waste as an environmental initiative. Tim Horton's being a low cost provider, faces a similar issue. The company's mission in this case is…… [Read More]
There would be a smaller margin for exhaustion of each variety. Donut varieties are interchangeable, so when certain varieties are exhausted, it is likely that customers would opt for an alternative variety of donut or even a pastry or cake item. Customers are unlikely to go into an aromatic donut shop for a donut and leave empty-handed.
Take Orders From Customers in Queues - Restaurants should send an employee through the line to take donut orders from those who already know what they want. This would allow the restaurant to adjust its production according to real-time demand input.
Tim Hortons is prone to dramatic peak periods such as the morning rush or lunch hour. Customers often wait in long queues during these periods. The value of the par-baked, Always Fresh production process is that it produces donuts in just a few minutes. Thus, it is possible for a particular restaurant…… [Read More]
McDonald's has the vision of being the world's best quick-service restaurant experience (2001 Annual Report). The annual report does not note a mission statement, but the About McDonald's website lists the mission statement as
"McDonald's brand mission is to "be our customers' favorite place and way to eat." Our worldwide operations have been aligned around a global strategy called the Plan to in centering on the five basics of an exceptional customer experience -- People, Products, Place, Price and Promotion. e are committed to improving our operations and enhancing our customers' experience." (AboutMcDonalds.com, 2011).
The product portfolio diagram, as constructed using the BCG Matrix (Tutor2U.net, 2011).
- Most new menu items
Other brands (Chipotle, Pret a Manger, etc.)
Stars are defined as those businesses with high market share and high growth. Question marks have low…… [Read More]
Starbucks struggled in the late 00s as a result of increased competition and the economic slowdown. However, the company has since righted its ship and now has a bright future. The firm has addressed its economic and competitive threats, and improved its internal performance. As a result, it is now well-positioned to take advantage of its opportunities, and faces few serious threats to its business. Starbucks is positioned to drive growth in three ways -- geographic diversification, consumer products and the juice business. It has a broad appeal among adults 18-40, and this demographic has ample disposable income. Thus, Starbucks has tremendous opportunities in marketing with its core audience and should be successful in the coming years as a result.
Starbucks is a quick service food chain that specializes in coffee and snacks. The company is the fifth-largest firm in the industry and the largest with a coffee focus…… [Read More]
NYSE & NASDAQ
Generally speaking, and with many notable exceptions, the fundamental difference between the companies listed and traded on the New York Stock Exchange and the NASDAQ is that the NASDAQ is home to many technology firms and other more volatile companies, while the NYSE is where most of the major industrial companies and so-called "blue-chip" companies are traded. here is a broad price range and performance record for the stocks of both exchanges, and their ups and downs are most often in alignment (increasingly so as the period of examination is extended), meaning that the perceived differences and the real differences in the companies that make up each exchange might be exaggerated in terms of the effect they have on the actual performance of the stocks being traded. A look at two individual companies, each listed on one of these exchanges, yields more contrast than an…… [Read More]
ith Domino's UK, the company has in its annual report and in its press releases outlined its future expansion plans. There are figures readily available with respect to trends in its same store growth and with respect to its dividend policy. All of these factors should, in theory at least, be included in the current share price. The first step in valuing the company will be to ensure that this is the case.
Given that the price of the company today is expected to be the fair value of the company's future earnings, an acquiring firm would need to consider in its valuation the worth of Domino's as part of its operations. Thus, a bid would need to be done on the belief that its acquisition of Domino's would make Domino's more valuable than it already is. This is the concept of synergy, defined as "the specific increases in performance…… [Read More]
In particular, the company trumpeted its ability to earn record profits and revenues despite the ongoing economic slowdown.
The overall conference call experience is interesting. It is unusual to have such direct access to the leaders of a major company. The information contained can be largely understood to be the same as will be in the annual report, so he call is essentially a preview of that document. The depth and breadth of the information provided is exceptional -- it would take hours to research that information independently. For example, there is information on some of the back-end tactics that the company has undertaken in order to improve its performance and profitability -- information that because of its lack of visibility seldom finds its way into the business press. The call is relatively formal in nature, however. The call and the messages that the company sends in the call, are…… [Read More]
In today's market environment, widespread interest in healthy, sustainably-raised food products has coalesced in an explosion of demand for fair trade products -- the kind of coffee that can be found at Just Us! cafes. Fair trade is a specific market arrangement in which retailers deal directly with Third World purveyors to ensure that the sellers receive fair compensation for their product. etailers offer purveyors mentorship in surviving in the competitive market economy. Just Us! Cafe is a Canadian coffee retailer that makes use of this arrangement to craft its core brand identity. Fair trade is not simply a 'side business' or one aspect of the Just Us! brand -- it is part of the foundational concept and mission behind the organization.
State of the market
The socially-conscious Canadian buying public has been particularly instrumental in making fair trade a more popular way of doing business. However,…… [Read More]
Starbucks runs coffeeshops, and therefore is beholden to a number of different trends. First is the rise of economies elsewhere around the world, in particular the BIC countries. The second trend is climate change. The third trend is the rapid pace of technological change, in particular mobile and the post-mobile Internet of things. A fourth trend is maturation of the domestic market, and a fifth trend for Starbucks is ongoing attempts by competitors to win back market share that they have lost to Starbucks in recent years.
The first trend is the emergence of developing world economies. While many major economies are in a state of slow growth, or no growth at all, many emerging market economies are growing quickly. There are a lot of companies that rightly see this as a tremendous opportunity and Starbucks is one of them. The company has been active in the Chinese market for…… [Read More]
Tax Avoidance & Firm Growth
What follows in the next few pages is a review of whether there is a correlation between tax avoidance with corporations and firm growth. Indeed, looking at the literature reveals that the evidence is mixed but that the overall answer is a condition "yes," that there can indeed be a link between tax avoidance and firm growth. To explain the conditional nature of the answer garnered, one can look to the work of Desai, Foley and Hines (2006) when they assert that "firms with sizable foreign operations benefit the most from using tax havens, an effect that can be evaluated by using foreign economic growth rates as instruments for firm-level growth of foreign investment outside of tax havens" (Desai, Foley & Hines, 2006). They further state that "one percent greater sales and investment growth in nearby non-haven countries is associated with a 1.5 to 2%…… [Read More]
Starbucks is a successful coffee chain. The organizational structure is geographic, and decision making is mainly centralized with respect to strategy, and many operational decisions even at the local level come with strong guidance from head office. There are a few key issues, however, that need to be addressed. One is the relatively weak leadership pipeline within the organization, another is the distribution of resources to facilitate expansion and finally there is also the issue of maintaining quality standards despite a still-rapid pace of expansion.
Starbucks is a company operating in the quick service restaurant business, where it is the 3rd-largest firm in the industry in the U.S. By revenue (Oches, 2014). The company name is Starbucks Corporation. To nobody's big surprise, it is a corporation. Starbucks is publicly traded, on the NASDAQ under the ticker symbol SBUX. The company has a 97.33% float, with 2.74% inside…… [Read More]
New Marketing Strategy for Caribou Coffee
To survive firms need to adapt and change in line with the general marketplace. Many successful firm have been able successful deal with dominant competition and high levels of challenge. One firm which faces these challenges is Caribou Coffee, although the second largest coffee house chain in the U.S. it is an underdog when compared to Starbucks, with just over 400 stores across 18 states in the U.S. and 203 stores in 10 international countries, many of which are franchises (Caribou Coffee, 2016). The company has faced some setbacks due to the high level of completion within the coffee house market, closing some 80 stores in 2013, and a further 88 were converted to Peets Coffee and Tea (Leavitt, 2014; Leonard, 2013). This indicates the firm needs to…… [Read More]
Krispy Kreme (KK) operates in two industries, both of which are highly competitive. The QSR side of the business has low switching costs, moderate brand loyalty, and at the local level especially there are few barriers to entry. At the national level, barriers to entry are much higher, but intensity of rivalry, especially between Krispy Kreme and Dunkin Donuts, is high. This affects pricing power, though KK has been able to offset that by successfully differentiating its product. This line of the business was the source for most of the issues that plagued the company after it expanded too rapidly.
The second key element, besides the intense competition in the industry, is where the industry fits in the context of consumer choice. Aside from competition, consumers could also choose not to eat doughnuts. An aging population more concerned with health, the Atkins diet fad, and the…… [Read More]
The popularization of the idea, though was somewhat linguistic in that when speaking of God and the Holy Spirit, different words were used that could mean "person," "nature," "essence," or "substance," -- words that were part of a longer, and far older tradition, but not adopted by the new Church .
Later, to echo this interpretation, the French Dominican Yves Conger, wrote that the Spirit of God was equal to the Spirit of Wisdom -- intelligent, holy, unique, manifold, subtle
However, we must realize, too, that there was a long and rich tradition within the Ancient Near East. Whether one subscribes to the idea that essential mythos was something common arising out of civilization and being passed forward, or that each individual religion of the Ancient World was divinely inspired by its own set of beings, the concept of the Trinity is neither new, nor linked inexorably to the New…… [Read More]
As noted, the recent "supply chain streamlining" is a move to cut costs and build greater economies of scale. This is consistent with a firm engaging in a cost leadership strategy. That the company also has strong brands allows it to continue to pursue its longstanding differentiation strategy as well. However, the company has been slow to respond to new trends, a reflection of its conservative culture and the slow pace of change at the family-owned firm. This may have cost the company some market share in the past. Indeed, the company's recent success has been Folger's, which is positioned at the low end of the coffee market. As the recession hit high end coffee companies like Starbucks hard, low end companies benefited as consumers traded down. Folgers has been a rare cost leadership success for Smuckers, but did so on the existing strong level of brand recognition.
The Folgers…… [Read More]
Coca-Cola pursues a differentiation strategy, and has built its company around the pursuit of this strategy. The strengths that the company has -- R&D, marketing, and heavy advertising -- all directly support the differentiation strategy. Coca-Cola uses its strategy to foster sources of sustainable competitive advantage, although the strongest of these is the company's brand. All told, Coke has an excellent strategy that does not result in many missed opportunities. There are different strategic directions that the company could take, but there is also evidence that Coca-Cola management is aware of these options and has rejected them. All told, the approach that the company has taken remains successful, and should be successful for the foreseeable future.
Porter's generic strategies typology highlights four main strategies that can be used to succeed in business (QuickMBA, 2010). Two of these are focused on niche markets, which obviously does not apply…… [Read More]
The author of this report is asked to cast an analytical eye towards Ovestock.com and how it markets its goods. Specifically, the author of this report is to answer three basic questions. First, it will be explained what Overstock's corporate level strategies are. Second, it will be identified what generic Porter strategy that the company follows. Lastly, it will be asked whether the company's generic strategies and marketing actions are in line with the Porter approach they have selected. While Overstock may blend in with other online giants like Wayfair and Amazon to some, it is clear that they have their own way of marketing and setting themselves apart and they do so using both price competitiveness and differentiation.
The genetic Porter strategies focus on two major things and those are price competitiveness and differentiation. Indeed, the corporate level strategies of Overstock fit into both of those…… [Read More]
The author of this report is asked to do a few things within this report. First, the author is to look at and assess the Grand Strategy Selection Matrix. Second, the author is to review and assess the general business model and strategy of Overstock.com. The author of this report is to then select which of the quadrants that Overstock falls within. While it may be a little difficult to pin them down as they are like other online companies in many ways and they are also different in many ways, the choice is pretty clear to the author of this report which one applies to them.
There are, of course, four cells in the Grand Strategy matrix and they are numbered I, II, III and IV. The first cell is for companies that are in turnarounds or re-entrenchment status, are divesting or are liquidating. Examples of firms…… [Read More]
Kraft Foods' Competitive Strategy
Kraft Foods is a one of North America's largest packaged food companies. To reach its current competitive position the organization is changed to great deal of the last decade, with increased focus on the core products, and the sale or spin-off of the non-core divisions, for example the sale of the frozen pizza division 2010 to Nestle, and in 2012 the demerger of Mondel-z International (Kraft Foods, 2014). This has left the company with a high level of focus in selected product categories and North American markets. The shift in the company's focus has impacted on the way in which they compete, but despite this change narrowing of focus, the organization still be seen as one which serves the mass market, with some type of Kraft Food product 90% of all households in the United States, 99% of all households in Canada (Kraft Foods, 2014).
2.…… [Read More]