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Starbucks Corporation Marketing Strategy

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  • Summarize key details about the Starbucks Corporation. What does it do? Who are its customers, clients, prospects, or constituents? For convenience in this class, we will call them customers.
  • Perform a SWOTT analysis, placing a particular emphasis on long-term trends affecting Starbucks and what their competitors are doing.
  • Analyze the Starbucks Corporation mission statement. Does it address the following core components?
    • Customers—who do we serve?
    • Product/service—what do we provide?
    • Market—who/where are our customers?
    • Core competencies—how do we provide or deliver our product/service? What gives us a competitive advantage?
    • Measurability—how do we know when we are successful?
  • Defend a new/revised mission statement. It should be a succinct statement of what Starbucks is, what it does, and who its customers are. Be sure to support why your revisions are an improvement to the current mission statement.
  • The paper must be 3 to 4 pages and be in APA 7th edition format.

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