By using a(n)________,Starbucks addressed the threat of fluctuating consumer trends by offering a variety of beverages and merchandise beyond coffee.
A)mission statement
B)Matrix
C)SWOT analysis
D)contingency plan

Question

Quizplus · Accepted Answer

SWOT analysis is a strategic planning tool that helps organizations identify their strengths, weaknesses, opportunities, and threats. Starbucks used a SWOT analysis to identify the threat of fluctuating consumer trends and develop a plan to address it by offering a variety of beverages and merchandise beyond coffee.

By Using A(n)________,Starbucks Addressed the Threat of Fluctuating Consumer Trends