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Understanding Intangibles: What does Starbucks sell anyway?

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CONTRIBUTORS:
  Author Conte, Vincent A. (Yonsei University)
JOURNAL:
  Chief Executive Magazine, 36(11), 114 - 116.
YEAR: 2005
PUB TYPE: Journal Article
SUBJECT(S): Starbucks, Balanced Scorecard, BSC, Managing Intangibles, Human Capital Management, HRM
DISCIPLINE: Business/Management
HTTP: http://www.chiefexe.com
LANGUAGE: Korean
PUB ID: 103-421-051 (Last edited on 2005/11/08 00:31:06 US/Mountain)
SPONSOR(S):
 
ABSTRACT:
Starbucks’ long success in opening new markets and selling new products and service illustrates the power of intangibles in marketing as well as managing operations. As the role that intangibles play in business success increases, we are now seeing new tools emerge for assessing organization performance along these dimensions. The article takes a look at a new intangible assessment toolkit, especially Kaplan and Norton's strategic readiness assessment, as it applies to the growing world of Coffee beans.
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