BUS FPX 2007 Assessment 2 Business Environment Analysis

BUS FPX 2007 Assessment 2 Business Environment Analysis

Student Name

Capella University

BUS-FPX2007 Introduction to Business Perspectives

Prof. Name

Date

Chosen Organization

What is your chosen organization?
The chosen organization for this assessment is Starbucks Corporation, a global leader in the coffeehouse industry. Founded in 1971 in Seattle, Washington, Starbucks operates in more than 80 countries and is widely recognized for its high-quality coffee, ethical sourcing practices, and commitment to sustainability. The company’s brand identity centers on creating a welcoming environment for customers while promoting responsible business practices that support people and the planet.

Mission and Vision Statements

What are the mission and vision statements for your organization?

Key Components of the Mission and Vision Statements

The mission statement reflects Starbucks’ purpose and operational philosophy through its focus on community, quality, and human connection. It communicates the organization’s core intent to inspire and nurture the human spirit, symbolizing a balance between business growth and social responsibility. The vision statement highlights Starbucks’ aspirational goals, expressing its desire to be the world’s leading coffee purveyor while preserving its values and quality standards. Together, these statements underscore Starbucks’ commitment to excellence, ethical sourcing, and meaningful customer experiences. Using the POETS framework, Starbucks’ mission and vision identify its Purpose (to inspire and nurture), Outcomes (high-quality coffee experiences), Expectations (maintaining principles), Targets (customers and communities), and Strategies (sustainable and ethical growth).

Ideal Organizational Structure

What type of organizational structure makes sense for this organization and why?

For Starbucks, a matrix organizational structure is ideal. This structure combines functional and divisional elements, enabling both global coordination and local flexibility. Starbucks uses functional divisions such as marketing, finance, and human resources, alongside regional divisions that manage operations within specific markets. This structure allows efficient communication, encourages collaboration across departments, and supports quick adaptation to local customer preferences. Applying the POETS approach, the Purpose is to enhance operational efficiency, Outcomes include improved innovation and responsiveness, Expectations revolve around maintaining consistent quality, Targets are both employees and customers, and Strategies involve cross-functional teamwork and decentralized decision-making.

Code of Ethics

Identify what fundamental components are included in an organization’s code of ethics and why organizations have the code of ethics.

A code of ethics establishes the moral foundation of an organization, guiding behavior and decision-making. Starbucks’ code of ethics emphasizes integrity, respect, accountability, and transparency. Core components include employee conduct standards, anti-discrimination policies, compliance with laws, fair trade practices, and commitments to environmental stewardship. Organizations adopt such codes to build trust with stakeholders, ensure ethical consistency, and promote a culture of responsibility. Using the POETS framework, the Purpose of the code is to guide ethical behavior, Outcomes include trust and reputation enhancement, Expectations involve adherence to company standards, Targets include employees and partners, and Strategies ensure training and enforcement to uphold corporate integrity.

References

Starbucks Corporation. (2024). Mission statement and values. Starbucks Stories & News. https://stories.starbucks.com

Starbucks Corporation. (2024). Global responsibility and ethics. Starbucks Stories & News. https://stories.starbucks.com/stories/global-responsibility

BUS FPX 2007 Assessment 2 Business Environment Analysis

Starbucks Corporation. (2024). Company overview. Starbucks Corporation. https://www.starbucks.com/about-us/company-information