Risk and Legal Issues: Starbucks' Stakeholder and Risk Analysis Report

This report provides an analysis of Starbucks' risk and legal issues. It examines the company's stakeholders, including employees, customers, suppliers, investors, and the government, highlighting their importance. The report identifies various risks, such as political, credit, economic, and social risks, and their potential impact on Starbucks' operations and financial performance. The analysis includes references to academic sources and discusses the challenges faced by Starbucks in managing these risks. The report also touches upon operational and supply chain risks, emphasizing the importance of effective risk management for the company's success. The document aims to provide a comprehensive overview of the risk landscape that Starbucks navigates.

Risk and Legal issues

 Stakeholders plays a very important role in any organisation as it can affect
their overall performance in a huge context.
 Starbucks has variety of stakeholder which can affect their function in
many ways Starbucks Coffee Company’s stakeholder management
approaches are based on different programs for corporate social
responsibility (CSR).
Part 3

 Employees
 Customers:
 Suppliers:
 Investors:
 Government:
Different Stakeholders

Top 10 risk

 Political risk: geopolitical tensions, Unstable government, changing rules and
regulations create risk for Starbucks because it has to make changes in its entire
planning accordingly (Shim, Lee and Kim, 2018).
 Credit Risk: Lack of availability of credit can impact various functions at Starbucks,
which can cause lack of materials for selling.
 Economic risk: Inflation in the economy can impact Starbucks as they will have to
increase their prices and customers might stop visiting them. While deflation can create
challenges for the firm (Jones, 2015).
 Slow recovery risk: The recession can heavily impact Starbucks, which can lead to a
slow recovery and generation of revenue (Giat, 2018).
 Social risk: The changes in preferences of customers can impact sales of Starbucks and
different cultures may not like their products and services. Changes in attitude of buying
behaviour can impact revenue of firm as well (Becker and Smidt, 2015).
 Operational risk: Inadequate supply chain and improper quality of products can impact
operations of Starbucks (Gamero-Garrido and et.al., 2017).
 Supplier Risk: Suppliers can delay delivery of products which will impact business
functions of Starbucks.
20 risks

Radar diagram

 Sahinoglu, M. and et.al., 2016. Quantitative Metrics to Assess and Manage
Business Contracting Risk Using Risk-O-Meter Software. International
Journal of Business and Information. 11(1).
 Shaw, W.H. and Barry, V., 2015. Moral issues in business. Cengage
Learning.
References