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Essay text:
Starbucks' ability to roll out new products relatively quickly is a considerable competitive advantage for the company.
? Increase in revenues and profits
The company recorded revenues of $5294.2 million during the year ended September 2004, an increase of 29.9% over 2003. The company's revenues grew at a compounded annual growth rate of 25% from fiscal 2000 and fiscal 2004.
This significant rise in revenues provides the company with a strong financial base and enables it to undertake new business ventures.
? Clustering of company units
With the continued growth of the coffee market, the company has looked to expand its business, including those areas where it has an established presence...
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Common topics in this essay:
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