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Can u tell me recommendations for these weaknesses for starbucks

Can u tell me recommendations for these weaknesses for starbucks

Principles Of Marketing
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Can u tell me recommendations for these weaknesses for starbucks
Paragraph Styles Editing Voice Se Weakness of Starbucks Business could be affected by regional or global health pandemics. Starbucks has high price points that maximize profit margins but reduce the affordability of its products. • Starbucks products are easily replicated. Small local competitors, for example, could create drinks that are similar to but not identical to the company'sitems. Even their cafés have a similar vibe and design to the company's. • European Tax Avoidance: It has been involved in a few scandals as a result of its tax avoidance in the UK. It was discovered during the inquiry that it had not paid tax on its £1.3 billion in revenue in the three years before 2012 SWOT ANALYSIS
Transcribed Image Text:Paragraph Styles Editing Voice Se Weakness of Starbucks Business could be affected by regional or global health pandemics. Starbucks has high price points that maximize profit margins but reduce the affordability of its products. • Starbucks products are easily replicated. Small local competitors, for example, could create drinks that are similar to but not identical to the company'sitems. Even their cafés have a similar vibe and design to the company's. • European Tax Avoidance: It has been involved in a few scandals as a result of its tax avoidance in the UK. It was discovered during the inquiry that it had not paid tax on its £1.3 billion in revenue in the three years before 2012 SWOT ANALYSIS
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