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By Junior PESTEL of Starbucks

PESTEL of Starbucks

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By Junior

PESTEL of Starbucks

Starbucks backgroundStarbucks corporation is a coffee

company was founded in 1971 by 3 partners Jerry Baldwin, Zev Siegl and Gordon Bowker

Have about 22,519 retail stores in 67 countries

Has 13,279 stores in U.S.The world biggest coffeehouse companyReach 99% ethically source coffee

Political Opportunity o Regional integration of marketso Taxation policy

ThreatsRules & regulation

EconomicOpportunity High growth of developing countriesDeclining unemployment rate

ThreatsRising labor cost in suppliers

Social OpportunityGrowing coffee cultureIncreasing health consciousness

Threats

TechnologicalOpportunityIncreasing mobile/online purchasesTechnology transfer to poor people

Threats Advance availability of coffee machine

Environmental/EthicalOpportunityBusiness sustainability trendCustomers/consumers grows

Threats

LegalOpportunityProduct are safely regulated