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STEEP & PESTEL Analysis For Starbucks SK

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STEEP ANS PESTEL ANALYSIS OF

SATARBUCKS
GROUP 7:
1. PRITAM ROY
2. RAKTIM GANGULY
3. SAYANI CHAKRABORTY
4. SAYANTAN KANDAR
5. SHOLANKI GANGULY
6. SIDDHARTHA GOSWAMI
INTRODUCTION

S Socio-Cultural factors P Political factors


T Technological factors E Economic factors
E Economic factors S Socio-Cultural factors
E Ecological factors T Technological factors
P Political factors E Environment factors
L Legal factors
• PESTEL has one extra parameter over STEEP i.e. LEGAL.
• 2nd E is different for STEEP and PESTEL i.e. Ecological and Environmental factors respectively
POLITICAL

• Improving government support for infrastructure.


• Adhering to “ Fairtrade” practices.
• Bureaucratic Red tape in developing countries.
• Regulatory pressure in USA and Europe market because of greater
scrutiny of business.
• Political Lobbying.
ECONOMICAL

• High growth in developing countries.


• Increasing supply chain operating expenses.
SOCIAL

• Growing coffee culture.


• Increasing health consciousness.
• Growing middle class.
TECHNOLOGICAL

• Smartphone and internet revolution.


• Rising availability of specialty coffee machines for home use.
ENVIRONMENTAL & ECOLOGICAL

• Business processes that ensure minimal environmental impact.


• Increasing recycling and reducing waste related to cups and other packaging.
• Helping farmers mitigate the effect of climate change in agriculture.
• Taking the concerns of activists and advocacy groups into concern.
LEGAL

• Product safety regulations.


• Increasing employment regulation.
CONCLUSION

• Most of the macro-environment factors present opportunities.


• Must work to address identified threats especially the threat from increased
availability of home-use specialty coffee machines.
• Has limited scope to avoid the threat of political factors.
• Overall it can be said that Starbucks Coffee has plenty of room for further
global growth if all the threats are well taken care off.
THANK YOU…

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