Question

From everything you read, analyzed and understand to date about Starbucks, what would you change that would help it increase revenue, control its expenses, or make its assets more efficient? Show how that beneficial change would affect at least one ratio.

Answer 1

One of the main alterations to be carried out to upsurge Starbucks’ revenue is producing improved operational competences and improving retails through, tactical proceeding such as announcing new drinks to keep up with rivalries, embracing placid stores ambience like or healthier than channels such as Java and growing footprints further than the counter to take in more coffee stations in one Starbucks outlet. This will affect the return on investment (ROA) ratio by increasing the Profit margin.