Obviously, the threat of new entrants would be high. The cafe’s low supplier power and other new comers would also have to deal with
Therefore, by launching an e-business, Broadway Café will have an opportunity to leverage it current assets, its customers. To follow in this opportunity will be the employees, technology infrastructure, and information to gain and maintain market share.
The partners of Beyond the Bean want to combine a traditional coffee shop with table/ board game rentals, where customers can socialize, in a relaxing environment. Our case analysis will demonstrate the appropriate decisions Beyond the Bean should apply to their business plan in order to achieve their goals. The report clearly identifies the problems within the case, and what choices the business should make to in order to be successful in the given area during a time of rescission. We explore the strengths, weaknesses, opportunities, and threats of Beyond the Bean’s business structure, identifying vital decisions that the business should
Use the following sections to guide your development of your integrated IT plan for your chosen business strategy. Part 2 IT Enablers Opportunity You are interested in introducing several information technology solutions as enablers to deal with some of your new coffee shop issues. Background Given your new strategic focus for your grandfathers coffee shop, what specific IT Enablers will help you with your business strategy implementation and thereby realize your value proposition for the future Example IT Enabler opportunities may include, but are not limited to, the areas of order management, inventory management, marketing and customer outreach, web site implementation and wi-fi. Be certain that you are creative in choosing your IT Enablers so your IT Enabler Opportunity is a very strong value proposition for your new coffee shop and customers. Your value proposition should include value creation activities to enhance productivity, maximize convenience, and improve communications. Task Document the IT Enablers investment which your grandfathers coffee shop could use to increase revenue, reduce costs, and thereby create value. A few questions you might want to address in your documentation for your team report include What IT Enablers would you deploy at your coffee shop and how will your business strategy benefit from the
In order for our business, The Broadway Café, to become more competitive in this environment, I deem it necessary to build a collaboration tool that will stimulate contact, knowledge, information, and events among employees, customers, suppliers, and all others who are interested in the business.
Currently, The Broadway Café is the only coffee shop in the area. However, recently, there have been postings that a Starbucks plans to move within the vicinity of our business. To improve the business and create a competitive advantage, we must first, research the competition through environment scanning (Baltzan & Phillips, 2007). Environmental scanning is the acquisition and analysis of events and trends in the environment external to an organization (Baltzan & Phillips, 2007). After reviewing the website of two competitors, Starbucks.com (2010) and Panera.com (2010), it appears these businesses are technologically advanced. The first step this Café must make is to install computers to provide accurate record keeping and store information. We have to develop a plan for employees that create an environment of respect and dignity in which leads by example and gives back to
In today's economic environment, businesses and corporations must meet the customers' demand by create differentiable value. To achieve this goal, organizations must have clear Mission and Vision statements to lead the way, also a certain synergy between innovation and strategic planning. This paper introduces the " Self served coffee machine" as a new division of Starbucks Coffee Co. and the detailed analysis on the SWOTT. The balance scorecard will list the new division internal and external' objectives, also how is this new innovation help the
In addition, living in Mississippi means having little to none vegetarian restaurants. Going out to eat can be a chore because I always have to plan where and what I eat. Thankfully there is a vegetarian/vegan cafe just an hour from where I live. High Noon Cafe has amazing veg friendly food and I love to recommend it to my friends and family. Besides High Noon Cafe and Whole Foods, there aren’t many other places that make me feel like I’m in vegetarian heaven. Without a cornucopia of mouthwatering vegetarian restaurants to enjoy, I mainly just cook at home. I love transforming meat laden dishes to vegetarian ones and admittedly my favorite foods to recommend to people are vegan junk food such as ice cream, pizza, most importantly cheese. People
The Queen Street Commons Café is one of the many programs offered in Kitchener by the Working Centre. This café began in mid-2000 when St. John’s Kitchen, another outlet provided by the Working Centre, did not quite reach its vision. The kitchen aimed to provide an open and inclusive atmosphere for the Kitchener community through the service of a safe space and free meals. However, the plan was never fully accomplished, for the middle-class and upper-class members of the community felt uncomfortable taking free meals that they felt were more deserving for the lower socio-economic groups of the area. Thus, the Queen Street Commons Café was born in order to provide low-cost meals, coffees and teas, so that everyone within the community could afford the goods and feel accepted in the space. Along with providing meals and drinks, the Café also offers a gift shop full of handmade items from local artisans and crafters as well as community groups such as, but not limited to, The Speak English Café and Open Mic Nights. My role at the Café will be a very dynamic one. I will be making coffee and
Serving the homeless can be a life changing experience. The conversations that one has with the homeless is truly eye opening. The Sisters of the Road Cafe creates a safe environment to serve and develop relationships with the homeless. The volunteers and homeless create a very welcoming community and the cafe provide the homeless with a way of purchasing or working for their food. They provide a warm, safe place for people to learn skills to help them get and keep a job and to get a cheap yet healthy meal.
4.1.3 How can an E-Business strategy help The Broadway Café attract customers and increase sales?
This paper addresses the use of Porter’s Five Forces model and how it can benefit Broadway Cafe by identifying and analyzing the effect of these forces on its business. The benefits include improved decision making, faster time to market, better productivity, improved competitive advantage, more profits and greater customer satisfaction. It also helps in achieving operational excellence.
In conclusion, the Broadway Café faces a strong buying power and rivalry among competitors due to the large volume of shops offering the same products and services. The threat of new substitute products and alternatives is also high for the same reasons for buyer power. The Café also faces the threat of new entrants due to the lack of insignificant entry barriers. One upside is the relatively weak supplier power. The coffee industry is huge as stated above and vendors are more than ample. With this information we can conceive our business focus. The Broadway Café is best suit for a focused differentiation strategy. We plan to achieve
One of the most noticeable features about the City of Seattle is the incredible amount of coffee shops in the area; so it’s not very surprising that one of the most recognizable coffee companies in the world hails from Downtown Seattle. Starbucks has been in business since 1971 and has grown from a single coffee shop to one of the largest and most recognizable food companies in America. One of the things that fostered this explosive growth was the company’s willingness to adapt with a changing world. With technology advancing in leaps and bounds, Starbucks has found ways to utilize it in order to further themselves as a business; their strategy worked. This paper will answer three questions to demonstrate how Starbucks has successfully used Information Systems (IS) to grow themselves into the company they are today. The correct understanding, implementation, and management of IS has allowed Starbucks to rise to the top of their industry and distinguish themselves from other businesses.
With the way in which today’s technology and business industries are changing many consumers and potential target audiences look to give their attention to whomever is willing to provide the best and better services. During this era of highly competitive e-commerce, business must do whatever is necessary to remain above their competitors. At this point all industries, are competing to see who has what it takes to be on top in the present as well as their future plans to better attract more clients; during the process of trying to be number one, many business industries examine all the risk factors that they are willing to explore in order to push their companies in succeeding. Each industry wishes to leap into business world carefully with a predetermined business plan that emphasizes a course of action for economic success plan out a way for their industries to prevail as supreme; but what are the pros? What are the cons? The three major industry realms which will be explored will be the Lodging, Restaurant, and Music industry.