COMPANY IS STARBUCKSUPLOADED IN ADDITIONAL MATERIALS IS PROMPT AND REPORT 1-3 WHICH IS PRESENTATION BASED ON. In the team presentation, students will play the role of external consultants to the company, and the mock audience for this presentation will be the board of directors and/or the C-level suite of the company that was the subject of the written reports. After providing a brief background of the company and its products, the presentation should analyze how aspects of the company’s strategic management impact its economic performance. These aspects should include (but need not be limited to):a) External and internal environments of the companyb) Business-level, corporate-level, and international strategiesc) Company structure, culture, and corporate governanced) Approaches to leadership and ethical management of companyThe presentation should then highlight one serious problem that the company is either facing currently or could face in the near future (this should be possible even for relatively successful firms). The problem identification should build on the earlier analysis (for example, the problem might be related to some industry forces becoming stronger, the company’s core competencies becoming weaker, or inappropriate implementation of diversification initiatives, among others). The team should then provide a recommendation that the company could pursue to address this problem, along with at least two related actions towards its implementation. The logic for your suggestions should be explained preferably using theoretical concepts and tools, and potential risks should be recognized with some thought on how these can be avoided.