Starbuck’s Business Strategy
What type of strategy does Starbucks () have? What sets it apart from its rivals? What is there about the company’s strategy that can lead to a sustainable advantage?
What type of strategy does Starbucks () have? What sets it apart from its rivals? What is there about the company’s strategy that can lead to a sustainable advantage?
The most frequently used measures of central tendency for quantitative data are the mean and the median. The following table shows civil service examination scores from 24 applicants to law enforcement jobs:
83 74 85 79
82 67 78 70
18 93 64 27
93 98 82 78
68 82 83 99
96 62 93 58
Using Excel, find the mean, standard deviation, and 5-number summary of this sample.
Construct and paste a box plot depicting the 5-number summary.
Does the dataset have outliers? If so, which one(s)?
Would you prefer to use the mean or the medianas this dataset’s measure of central tendency? Why?
Assignment Objectives
Describe management quality initiatives such as TQM and Six Sigma.
Evaluate the quality control tools used to analyze and improve processes.
Describe skills needed to be successful in the desired role.
Discuss three to four training and developmental interventions needed to gain the skills to be successful in the desired role, and provide a time frame of completion for each intervention. For example, a job rotation program should be completed in 60 to 90 days, and an apprenticeship should be completed in 2 years.
Explain the outcomes of each developmental intervention. For example, “Through this job rotation exercise, you will be able to effectively manage a virtual team.”
Identify the costs of each task and create categories (Labor, Materials, Contractor, Equipment, Misc., et cetera) to prioritize project expenditures.
Constraints: Activities or elements that affect the execution of a project and impact time, costs, or performance.
Dependencies: Activities or elements that have either a negative or positive dependency on costs, time, or performance.
Provide graphical representation or representations of budget.
Describe the following layout types and identify at least two products that are manufactured by each layout type. (225 words, or 3 paragraphs).
Process
Which areas would you prioritize and recommend for the downtown restaurant?
Which areas would you prioritize and recommend for the family-style restaurant? Explain your recommendations and provide support for your reasoning. (150 words, or 2 paragraphs)
Identify the factors in the decision framework that an organization would use to determine if a product should be produced in-house or outsourced. (75–150 words, or 1–2 paragraphs)
Describe how an organization can use the service process design matrix when it examines its service processes. (150–225 words, or 2–3 paragraphs)
Consider the following process types. Describe at least one example of a product that each process type can produce. For each example you provide, show why there is a good alignment between the process type and product. (375 words, or 5 paragraphs)
Project
Job-shop
Batch
Repetitive
Continuous flow
What are some aspects of an organization’s needs that should affect the design of a warehouse, as well as its operations? Provide at least three examples and explain the impact of each. (225 words, or 3 paragraphs)
Explain the components of a process flow chart for completing a simple business process or job task. Specifically, you should place each step of the process in order and then describe what is involved for each step. You may also create a visual representation of this process flow chart to accompany your explanation, but that is not required. (75–150 words, or 1–2 paragraphs)
This criterion is linked to a Learning Outcome Analysis and Comparison
Compare and contrast the sets if plans for each organization. Provide appropriate graphics; charts, graphs, tables. Provide an analysis of this portion of the work.
Discuss the concepts, ideas, or insights that appear most valuable in understanding the causes of the problem / problems.
Examine one of the motivational theories (behaviorism, need-hierarchy, theory x & theory y, two-factor theory, JCM, Equity Theory, expectancy theory, goal setting or social cognitive theory) listed in Cafferkey’s (2017) editorial on opportunities for further study (pages 79-81).
Discuss the ethical and legal foundations of this motivational theory, examples of it found within Biblical scripture, and discuss how it fits (or doesn’t) with the Human Dignity-Centered Framework.
Analyze the financial statements of these two companies in the year prior to the transaction, and the consolidated financial statements 1 year and 3 years after consolidation using:
(a) Calculation of ratios:
(i) 3 Profitability and solvency (liquidity) ratios.
(ii) 2 Efficiency ratios
(iii) 3 Shareholder ratios
(iv) 3 Capital structure ratio
Critically interpret and discuss the ratios in point (i) to (iv) above 1 year before and 3 years after the takeover and merger transactions. Besides your qualitative explanations, use figures, tables and graphs to present your data.
Compare the ratios of consolidated financial statements with two of the main competitors of the firm within the same industry and also with those of the industry.
Would you invest in the company after the transaction? Why or why not?
How does the company compare to its competitors and the industry?
Identify the above elements in a statement of financial position from your case study company and provide the excerpt where they are specifically shown (a print screen supported by reference is sufficient). Where any of them is not clear or explicitly
Calculate the good will that has been explicitly explained or has implicitly been paid in the transaction (State your assumptions). Elaborate on the acquiring company’s (explicit or implicit) argumentation on the determined goodwill.
Describe the various types of shares which the company issued to raise capital.
Explain the accounting treatment of the shares issue if the issued shares are undersubscribed due to the current impact of COVID-19 pandemic affecting many economies across the world. How will this affect the company’s shareholders?
How will this be different if you advice on the issue of a convertible debenture on the company’s capital structure and the shareholders?
What is your comment on your case study company’s equity capital when you compare its two consecutive financial years
Communication and control processes in the delivery of service quality:Discuss?