Introduction
While individual Americans discuss the advantages of globalization, corporate America has already dominated overseas, with significant financial outcomes. Starbucks Company, an American multinational corporation dealing with a series of coffee houses and roaster reserves, comprises among company the few corporations that have successfully ceased global markets. As the world's largest coffeehouse supplier, the corporation has continued to avail more of its related products to the market. Iced Matcha Green Tea Latte, a recipe of milk, ice, and matcha powder entails a good example of products availed by Starbucks corporation.
Iced Matcha Green Tea Latte
Sweetened matcha powder, milk, and ice comprise the major constituents of the end products of an iced matcha green tea latte. In most cases, recipes incorporated in the final extraction of green tea latte are often imported from other geographical areas outside North Florida (Dubrin, 2012). The powdered matcha encompasses processed green tea leaves that originated from East Asia, precisely China. Starbucks sources most of its tea from warmer parts of the United States, such as Charleston, South Carolina, and tea gardens in Florida. The milk used in the end product of matcha green latte is sourced from industrial-scale dairy farms such as Dean Food’s dairy company.
In response to Starbucks policies and regulations in the importation of related ingredients, the supplier is entitled to have a Food Safety Management System in the form of a document. The document should be improved continuously and achieve support from its senior management (Dubrin, 2012). Individuals supplying products such as powdered matcha and milk should avail a documented food safety policy statement and purposes relating to the supplier's commitment to continuously avail legal, safe commodities and requirements of its customers.
Functions of the Firm
The Starbucks Company plays several functions during the process of production and marketing of the end products of the company.
Starbucks Company is responsible for highlighting the general designs of the iced pineapple matcha drinks the company wishes to produce. Firms such as manufacturers are also involved in coming up with relevant designs of the products, for example, the Starbucks mugs (Miscuglio et al., 2019). The premiums character of the firm determines the pricing strategies for the commodities produced. The design used must reflect the image of the company's high-end brand.
Location of the Firm
Starbucks' location strategy is responsible for locating the business in the most appropriate place for being accessible by the customers. The best location for such a company is in urban centers (Miscuglio et al., 2019). Urban centers have a very high population of the large and middle-class population that has the ability to buy iced pineapple matcha drinks produced by Starbucks Company. The company mostly adopts strategic clustering of cafes, whereby it locates them in one place to drive away competitors and gain market share in that geographical area.
Quality Management of the Firm Products
The premium character in quality management used by Starbucks Company must ensure that iced pineapple matcha drinks produced by the company are of high quality. High-quality products have a tendency to attract a large number of customers (Miscuglio et al., 2019). The firm buys it pineapples from farmers who have complied with Starbucks quality standard and those who are certified under the Starbucks Coffee and Farmer Equity program.
Source of Income
Starbucks earns a very high income as a result of selling iced pineapple matcha drinks to customers. The income got from the company is taxed by the government, therefore contributing to the gross domestic product of the country (Campbell et al., 2019). Those in the production and marketing sectors in the company are paid for the services they lender, thus becoming their source of income.
Employment Creation
Starbucks creates a large number of job opportunities for citizens who could otherwise end up unemployed. People are employed to carry out various tasks in the company, for example, management and marketing of the iced pineapple matcha drinks (Campbell et al., 2019). The firm also acts as a market for the farmers who produce raw materials used in this firm (pineapples). The company, in returns, pays for the inputs, thus earning them income.
Conclusion
In conclusion, we identify the production of an iced pineapple matcha drink primarily avails several factors affecting the country economically. Iced Matcha Green Tea Latte is a recipe of milk, ice, and matcha powder entails a good example of products availed by Starbucks corporation. Politically and geographically. The circulation of milk from industrial milk scaled dairies posses' significant factors in the economy. Economically, Starbucks has created several job opportunities via the involvement of different people producing differing commodities used in the production of iced match green tea latte. Ingredients used in the production of the drink have consequently triggered regional integration of markets and the progression of bureaucratic red tape in under-developed countries.
References
Dubrin, B. (2012). Tea Culture: History, Traditions, Celebrations, Recipes & More: History, Traditions, Celebrations, Recipes & More. Charlesbridge.
Miscuglio, Mario, et al. "Roadmap on material-function mapping for photonic-electronic hybrid neural networks." APL Materials 7.10 (2019): 100903.
Campbell, K., & Helleloid, D. (2016). Starbucks: Social responsibility and tax avoidance. Journal of Accounting Education, 37, 38-60.
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