forum question 23

This is a discussion between students in a class Forum I need a apply to this student with at least 170 words. Your thoughts? Please your own words, No Plagiarism please

One way that Starbucks was able to innovate in order to stay competitive and relevant was by focusing on global expansion. With growth as the strategy, the CEO’s focus was on providing the authentic Starbucks experience. A second way that Starbucks was able to stay competitive and relevant was by modifying their logo. They removed the words “Starbucks” and “coffee”. Doing so allowed them to tap into other products such as breakfast bars and teas. It also allowed them to sell their products at other places such as grocery stores. A final way that they innovated was by investing in new brewing systems. The new brewing system that they used resulted in a better tasting coffee than the traditional brewing system. With the better taste came a 30 cent increase in price, making customers prefer to spend more on coffee from the new system.

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