Sunday, May 5, 2019
An analysis 3 coffee companies who operate in this industry Essay
An analysis 3 deep brown companies who operate in this industry - Essay sampleEvery yr 500 billion coffee cups be consumed amongst which 14 billion cups are Italian espresso. It is a fact that beside several flavours of coffee, on that point are two types of coffee beans in the world cognise as Robusta and Arabica. Therefore, coffee shops are among fastest growing niches in the business world. Most of the coffee work is undertaken in developing countries as it is a labour intensive work (Business Insider, 2011). These countries include Brazil, Columbia and Vietnam. It is ground that Finland has a high consumption per capita of coffee. PESTLE analysis of coffee industry Political there is crop of politics on coffee production as it is majorly produced in developing countries. The political condition there is highly volatile which could strike the coffee industry. Economic it is to mention here that Brazil is having strong bias over coffee industry as Brazil is a major co ffee producer. Any affect in the economy affects the entire industry. Social social aspects of coffee and increasing awareness for coffee and its issues results in more social pressure on industry. Therefore, it raise be said that social factor can influence the coffee industry. Technological there is increase demand in variety of coffee products and incrustation is in addition a concern of consumers. With technological advancements, industry effectively caters the needs and requirements of consumers. Technological factor also affects coffee industry. Legal legal issues affects the industry in a way as there is increased focus on ethical and legal requirements of business. Environmental it is to mention here that environmental factor is of import in the process of coffee production. Therefore for optimum level of operations environment should be under standard needs of coffee production. Profile of three companies in coffee industry Starbucks (Industry Leader) Starbucks Corpo ration is among the autopsy coffee roasters, specialty coffee and marketer of coffee. It is to mention here that Starbucks operates in more than 55 countries crossways the globe. It is present in North America, European Middle East Africa, Latin America and Asia. There are almost 149,000 employees in Starbucks Corporation. It is headquartered in Seattle Washington. Net revenues generated by Starbucks Corporation at the end of fiscal year 2012 were USD 13.3 billion as compared to USD 11.7 billion in 2011. Comparable store growth in 2012 was 7 percent. operate income earned by the company was USD 1997 million with operating margin of 15% (Starbucks, 2013). costa Limited (Emerging Company) Costa Coffee is entirely owned subsidiary of Whitbread. Costa Limited is involved in operation of coffee shops chain. There is a wide variety of coffee products that the company offers and it includes coffee, coffee beans, coffee bars, hot coffee drinks along with various other food products th at includes sandwiches, paninis, fruits and yoghurt, scones, muffins and toasties and wraps. Costa coffee majorly operates in Europe, Asia and Middle East. It employs approximately 8,200 employees and it is headquartered in Dunstable, United Kingdom. In the fiscal year which ended in March 2012, the company recorded revenues of approximately USD 865.3 million as compared to revenues generated by the business in 2012 of approximately USD 678.7 million in 2011. Among its revenues the profit generated by the company
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