Strategize Your Company’s Success Through the Balanced Scorecard

During the recession, many companies were forced to shut down or to lay-off some workers, and for some, allowed themselves to be “saved” by more stable companies. Starbucks is one example. Due to its rapid expansion over the years, Starbucks was not able to cope with the effects of the recession. It expanded so fast that it was able to open 900 stores in the United States alone, and probably a little bit more overseas. With the economy’s decline, Starbucks’s sales also declined. In the past years, many analysts and businessmen predicted that Starbucks will not survive the recession. Starbucks Read more at Free Business Cards