Doing Business in China
Essay by people • August 9, 2012 • Case Study • 287 Words (2 Pages) • 1,782 Views
SWOT Analysis:
Strengths
* Well-known brand identity and image
* Majority market share
* Recognized for Quality and Service
* Low Employee Turnover
* Employee Satisfaction due to competitive compensation and benefit packages
* Global presence
* Focus On Customer Satisfaction
* High Visibility Locations
* Innovative - extensive R&D for Equipment/Technology
* Convenient
* Drive-Thru Stores
* Comfortable Ambiance
* Internet Access (Wireless)
* Non-smoking Areas
**Workable marketing strategies that made thecompany well know before venturing to China
**Had join venture with other famous brand, for exampleMACDONALS to market Starbucks brand
**Cash Flow
Investors -----Starbucks committed to their investor with a goodreturns, this had attracts more investor in.Starbuck was financial strong and stable beforemoved to China market.
Cash-----Cash been managed properly for furtherdevelopment/RND on the product and also thetechnology improvement
Weaknesses
* Over-saturation of the market
* Expensive Products
* Lack of diverse music selections
* Reliance on beverage innovation
* Financial Problems in some international stores
* Government regulations and relations
* Seasonal fluctuations in sales
* Over-Reliance On Domestic Stores
* Negative corporate image in Ecuador due to relations with coffee growers
* Lack of expansion
* Lack of customer acceptance of new products in existing and new markets
* Non-smoking Areas
Opportunities
* New Market Opportunities Internationally
* Franchise Opportunities
* Health drinks
* Organic drinks
* Energy
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