Starbucks is my company of choice. I have included previous papers and this week’s article reading for your reference.
Identify and describe business opportunities Starbucks should pursue and explain the benefits/costs of these decisions.
Prompt: Discuss the incremental impact of a hypothetical, but reasonable, simple new investment project, such as a new product or facility or a cost-cutting investment, as an initial step in thinking about the future. Be sure to address the following:
A. What is a likely investment Starbucks would consider and why? Be sure to describe the basic features of the investment as a foundation for considering its potential financial impact.
B. Evaluate the approximate costs and benefits of the investment you identified, explaining how these would affect your spreadsheet projections and business decisions. Estimates are sufficient, but should be grounded in common sense and insight to the organization.
C. How does the potential investment affect budgeting and related business decisions? For example, does the investment involve significant cash spending this coming year, followed by benefits in the following year? How might that affect short-term and long-term spending priorities? Does the benefit outweigh the cost?
Guidelines for Submission: Your Business Opportunities report should be approximately 2-4 pages (excluding title page, spreadsheets and graphs and references list). It should be double spaced, with 12-point Times New Roman font and one-inch margins, and should use the latest guidelines for APA formatting for references and citations. Please also include your name, course name and submission date on the title page.