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Efas Table

Content type
User Generated
Subject
Management
School
Colorado State University
Type
Homework
Rating
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Running head: STARBUCKS EFAS TABLE 1
Starbucks EFAS Table:
Name:
Affiliation:
Course Code:
Instructor:
April 22, 2020

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STARBUCKS EFAS TABLE 2
External
Factors
Weight
Rating
Weighted Score
Comments
Opportunities
Expansion to
remote areas
0.27
3
0.81
The main
opportunity that
is present for
this Company is
the fact that it
has the ability to
expand to
remote areas
since this will
enable them to
use minimal
investment. This
will expand their
capital
consumptions
fundamentally;
be that as it may,
it might likewise
be an impetus in
tending to its
household
concerns since
the Company
offers an
unrivaled
espresso or tea
based drink
alongside a
specially made,
crisp breakfast
or lunch things,
the association
could by and by
become a main
consideration in
the morning
meal and lunch
advertise by re-
obtaining a
portion of the
piece of the
overall industry.

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Running head: STARBUCKS EFAS TABLE Starbucks EFAS Table: Name: Affiliation: Course Code: Instructor: April 22, 2020 1 STARBUCKS EFAS TABLE External Factors Opportunities Expansion to remote areas 2 Weight Rating Weighted Score Comments 0.27 3 0.81 The main opportunity that is present for this Company is the fact that it has the ability to expand to remote areas since this will enable them to use minimal investment. This will expand their capital consumptions fundamentally; be that as it may, it might likewise be an impetus in tending to its household concerns since the Company offers an unrivaled espresso or tea based drink alongside a specially made, crisp breakfast or lunch things, the association could by and by become a main consideration in the morning meal and lunch advertise by reobtaining a portion of the piece of the overall industry. STARBUCKS EFAS TABLE 3 Diversification 0.1 3.5 0.35 Introduction of new products in their menu 0.07 3 0.21 Coming up with gender neutral rest rooms. 0.06 3 0.18 Use of renewable energy resources. 0.05 3 0.15 Creativity and innovativeness 0.04 3 0.12 They are in a better position to diversify so as to improve its revenues. Starbucks is in a position to introduce new products such as mint tea or ginger bread to their menu. Also, they can also form alliances with other companies this would strengthen their presence in a market. They should also focus on coming up with gender neutral restrooms that will ...
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