Friday, February 14, 2020

Starbucks and their Substitutes. How the company stayed dominant Essay

Starbucks and their Substitutes. How the company stayed dominant against their competition before, during, and after the recession - Essay Example The period is characterized by the plunge of GDP by two triumphant quarters. Unlike its competitors, Starbucks, and their substitute have managed to stay dominant before, during and after the recession. The analysis of why Starbucks has been dominant is incredibly vital to every organization especially those companies that experience a tremendous decrease in trading activity during the recession. Starbucks can be considered as a sample test to every company that is planning to start trading in the coffee industry as well as the imminent companies on how to maintain their trading activities regardless of the economic period. During the recession, the company attempted to have a massive expansion program. There is a range of advantages that are related to the development of markets especially to a company that is already established. Some of these benefits include better turnover due to high trading, creation of employment among others An expansion and especially in an in a recession period can be beneficial to the company and at the same time it can limit. For instance, the company can acquire a significant market share before its competitors have any plan on their situation. Conversely, the company may become overexposed to various levels of risks which may reduce or constrain the company’s future programs (Higbee, Liaw, Ting, Tjho, & Ton, 2008). Fundamentally, Starbucks situation can be seen from two dimensions including a liberal and a conservative view. From a liberal point of view, Starbucks and its substitute have effectively managed to secure it going concern through the various risk control mechanism. In contrast, the Starbucks strategic plan can be viewed as a way of exposing itself to it competitors There are various alternatives actions that the company can take to ensure that they do not lose their competitive advantage despite the various drawbacks. These measures include maintaining quality standards,

Saturday, February 1, 2020

Assignment 6 Essay Example | Topics and Well Written Essays - 500 words - 6

Assignment 6 - Essay Example It is mostly associated with research and development projects whereby, there are very many uncertainties and unknowns. This includes system development and analysis. CPM, however, is mostly used in tasks and projects that are repetitive in nature. Such tasks are normally known to have definite starts and complete dates. CPM is mostly applied in developing projects such as building construction and software development. The critical path is the shortest path identified in the critical path method, and that shows the minimum possible duration of a project. In the given assignment, there are three possible paths ABCCDG, ADG and ADG. The shortest path will be ADG while the critical time taken to complete the assignment will be 3days. This is the advantage of CPM since it enables the optimization of time. Here, slack can also be calculated; hence, preparation for any eventualities. The relationship between lectures and teachers can be put in form of ERDs. These entities (Teacher and students) can be interdependent or dependent in nature. There are three types of relationships between entities (Diagram 1). On Diagram 2 shows a typical example of the one to one entities. Diagram 3 however gives a perfect scenario of a many to many ERD. The learning the analysis tools and components has proven to be a very important and helpful process. This is because all this information will come in handy during the practical execution of the theoretical learning that I have been doing in the course work. System analysis deals with projects. Projects are normally broken down into simpler manageable chunks that make up the complete project. These chunks are given estimated timelines and periods under which they can be completed. Learning about the project management tools and analysis tools and components will ensure professional application in projects to achieve the maximum results. Some project