1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Zina [86]
2 years ago
11

For starbucks, __________ is the main advantage of entering new markets like japan and china via a joint venture

Business
1 answer:
Ulleksa [173]2 years ago
6 0

Starbucks' strategy of "To reach to huge developing market" is the main advantage of entering new markets like japan and china via a joint venture.

Starbucks is one of the largest coffee chains in the World. The company has a unique style and atmosphere in their coffee houses. They chose China because it is the world’s most populous country with over 1.3 billion people live there and second-largest country by land area and Japan as one of the fastest developing market where due to globalisation, the footfalls of foreigners was pretty high.

Company’s managers were aware that Chinese and Japanese Gross Domestic Product (GDP) continuously grew on rhobust rate on an average and a GDP per capita was also getting competitively higher in comparison to european nations. All these factors led to rising income of middle class. That was undoubted advantage for entering Chinese and Japnese market for Starbucks.

To learn more about Starbucks' strategy here

brainly.com/question/28178992

#SPJ4

You might be interested in
The stage in the evolution of new products in which ideas that match company objectives are analyzed as to whether the firm has
qwelly [4]

Answer:

The question is incomplete, it misses the options. The options are the following:

a) exploration.

b) Product development.

c) Test marketing.

d) Screening.

e) Business analysis

And the correct answer is the option A: Exploration.

Explanation:

To begin with, the stage of <em>"exploration"</em> in the process of developing new products by the companies is the one in where the expertises primarily focus on the devolpment of new ideas that may match with what the company is looking for and therefore that in this part it is quite common to do storm ideas or techniques like that in where the whole group focus on coming together in few options that will pleased the superiors that will later accept or not the idea and will pass the stage to the next one or will have to start thinking about new ideas.

8 0
3 years ago
A company planned to sell 100 canoes for the month of April at an average sales price of $600. Midway through the month, the com
andreyandreev [35.5K]

Answer:

flexible budget amount for canoe sales revenue for April is $72000

Explanation:

given data

sell =  100 canoes

average sales price = $600

sold = 65

total sales = 130

canoes at an average price = $595

actual sales = 120 canoes

to find out

flexible budget amount for canoe sales revenue for April

solution

we know here for flexible budget april sale unit are = 120

and selling price is $600

so that April sales will be here = 120 × 600

April sales = 72000

so flexible budget amount for canoe sales revenue for April is $72000

3 0
3 years ago
An increase in the firm's WACC will decrease projects' NPVs, which could change the accept/reject decision for any potential pro
STatiana [176]

Answer:

False

Explanation:

The first part was true. A higher WACC results in a lower NPV simply because a higher discount rate results in a lower present value.

E.g. 100 / (1 + 6%)³ = 83.96, but if we increase r to 10%, then 100 / (1 + 10%)³ = 75.13

The second part is wrong because under the IRR method, the decision rule is very simple, all projects are accepted if their IRR is higher than the project's WACC (or discount rate). I.e. if hte project's WACC increases, so does the chance of the project being rejected because the IRR might be lower than the WACC.

7 0
4 years ago
A manufacturing company had a balance in Finished Goods inventory of $200,000 on 12/31/2011. During 2012, the company transferre
Alborosie

Answer:

the cost of goods sold during the year 2012 is $800,000

Explanation:

The computation of the cost of goods sold is shown below;

Costs of Goods Sold during 2012 is

= Transferred from Work in Process + Beginning Inventory - Ending Inventory

= $1,000,000 + $200,000 - $400,000

= $800,000

Hence, the cost of goods sold during the year 2012 is $800,000

4 0
3 years ago
When computing the cost per equivalent unit, the weighted-average method of process costing considers: A) costs incurred during
Elodia [21]

Answer: When computing the cost per equivalent unit, the weighted-average method of process costing considers: C) costs incurred during the current period plus cost of beginning work in process inventory.

Explanation: This is because the weighted-average method takes into account the costs of the previous period and the costs of the current period.

4 0
3 years ago
Other questions:
  • When a company implements its monthly S&amp;OP process, the process should begin with: a. Developing and specifying the constrai
    7·1 answer
  • Inferior company, which is based on south carolina, makes and sells products that are poorly made. jack, who is a resident of no
    12·1 answer
  • What relation does credit and debt have?
    9·1 answer
  • The total cost per unit is a combination of which types of costs?
    14·2 answers
  • When couples not only enjoy each other's company, but closeness is both wanted and needed, they are in the?
    12·1 answer
  • Using personal computers in auditing may affect the methods used to review the work of staff assistants because
    8·1 answer
  • Presented below is the income statement of Cowan, Inc.: Sales revenue $372,700 Cost of goods sold 221,800 Gross profit $150,900
    11·1 answer
  • Maximal flow problems are converted to transshipment problems by
    15·1 answer
  • Vaughn Manufacturing purchased machinery for $980000 on January 1, 2017. Straight-line depreciation has been recorded based on a
    8·1 answer
  • Diamond Enterprises is considering a project that will produce cash inflows of $41,650 a year for three years followed by $49,00
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!