Strategic Analysis of Starbucks
DOI: 10.23977/ferm.2022.050714 | Downloads: 888 | Views: 3973
Author(s)
Ling Zhang 1, Bingchan Xue 1
Affiliation(s)
1 City University of Macao, Macao, 999078, China
Corresponding Author
Ling ZhangABSTRACT
Many multinational brands have emerged in the Chinese market as the global economy has become more integrated and many of China's opening-up policies have been implemented. With so many options available, consumers' frequent and erratic brand switching has deepened our understanding of how crucial it is to keep positive relationships with customers to achieve financial success. This paper focuses on the current state of Starbucks' business and the methods used by the Starbucks location in Zhuhai to increase client loyalty and achieve customer satisfaction.
KEYWORDS
PEST analysis, Porter's five forces mode, StarbucksCITE THIS PAPER
Ling Zhang, Bingchan Xue, Strategic Analysis of Starbucks. Financial Engineering and Risk Management (2022) Vol. 5: 106-113. DOI: http://dx.doi.org/10.23977/ferm.2022.050714.
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