Starbucks CEO on Earnings, China Closures and Sustainability

Starbucks CEO on Earnings, China Closures and Sustainability

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Business

University

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The transcript covers Starbucks' impressive earnings and growth, particularly in the US and China. It highlights the impact of the coronavirus on operations in China and the company's response. Additionally, it discusses Starbucks' sustainability initiatives aimed at becoming a resource-positive company by 2030.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage growth in same-store sales for Starbucks globally during the holiday quarter?

9%

3%

5%

7%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which product category significantly contributed to Starbucks' growth in the US?

Hot beverages

Bakery items

Merchandise

Cold beverages

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one of the key strategies Starbucks used to enhance customer engagement?

Increasing store hours

Offering discounts

Beverage innovation

Expanding menu

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did Starbucks respond to the coronavirus outbreak in China?

Increased advertising

Closed half of its stores

Launched new products

Reduced prices

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Starbucks' long-term aspiration regarding sustainability?

Become a carbon-neutral company

Become a resource-positive company

Eliminate all plastic use

Reduce energy consumption by 30%

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By what year does Starbucks aim to reduce its carbon footprint by 50%?

2025

2030

2040

2050

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who are some of the external advisors helping Starbucks with its sustainability goals?

Elon Musk and Jeff Bezos

Mark Zuckerberg and Tim Cook

Bill McDonough and Paul Polman

Warren Buffet and Bill Gates