How did Starbucks get its name?What is the current price of a share of Starbucks Stock?
What was the high and low price of a share of Starbucks stock during the past year? Does Starbucks Corporation appear to have an operating philosophy that is similar or dissimilar to other corporations? Do you think this philosophy is serving Starbucks well?
Public Comments
- Starbuck's name comes from Herman Melville’s Moby Dick, a classic American novel about the 19th century whaling industry. Current Price: March 5, 2009 8.64 High/Low: Jan. 24, 2008 $20.45 and Nov. 19, 2008 $7.97 Starbucks has an "employee first" philosophy. The company recognizes competitors can replicate the products Starbucks serves, but competitors can’t replicate the Starbucks people serving their products to customers. Its people, not products that make Starbucks Starbucks. This is different from other corporations that have a product-focused philosophy. Focusing on employees creates product differentiation that can not be easily duplicated allowing Starbucks to have more pricing power.
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