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

1 answer:

7 0

For Starbucks, gaining access to local market knowledge is the main advantage of entering new markets like Japan and China via a joint venture.

After concentrating solely on the North American market for a considerable amount of time, Starbucks decided to branch out internationally.

A joint venture in Japan was Starbucks' first international expansion outside of the United States and Canada. Sazaby, Inc., owners of upmarket retail and restaurant businesses, was contacted by Starbucks. The 50/50 agreement was reached after carefully weighing Starbucks' and Sazaby's shared values, cultures, and community-development objectives. On the board of directors of the recently established Starbucks Coffee Japan, the two businesses were equally represented. Starbucks Coffee Japan achieved profitability more than two years before schedule in the fiscal year 2000. Starbucks has also faced many problems while entering Chinese market mainly due to licensing.

Learn more about Starbucks international expansion here:

brainly.com/question/26501389

#SPJ4

You might be interested in

People in the engineering, marketing, and operations departments were angry at each other, and to stop the finger-pointing, the

Licemer1 [7]

Answer:

The correct word for the blank space is: human.

Explanation:

Human or interpersonal skills are those abilities people have that let them interact with others effectively. Human skills are a must-need capability managers should develop at the moment of resolving conflicts within their organizations and dealing with employees in the day by day firm's operations.

4 0

3 years ago

The accounting records of Brownwood Company revealed the following information: Work in process inventory, Jan 1 58,000 Work in

ivanzaharov [21]

Answer:

$721,000 is correct

Explanation:

Cost of goods sold =754000 + 125000 -158000

=721,000

8 0

3 years ago

Bus 322 when the organization makes a large-scale change, such as organizational restructuring, the change would be considered:

Charra [1.4K]

Renovating. Hope this helps you.....

7 0

3 years ago

The relevant range is that range of activity: Group of answer choices where a company achieves its maximum efficiency. where uni

Vikki [24]

Answer: where management expects the firm to operate.

Explanation:

Company planning is the duty of management and and they plan, they try to use a certain range of activity so that they can better predict how the company will go. That range is therefore the range that the management of the company expects the firm to operate.

When production actually starts, management will try to either keep to that range or exceed it so as to meet or exceed expectations. And even if they don't meet this expectation, they use this relevant range to compare to the actual range for performance evaluation.

4 0

3 years ago

If there are 10 job losers, 12 job leavers, 13 reentrants, and 12 new entrants, then there are __________ unemployed persons.

nika2105 [10]

<span>Each of these categories adds to the overall unemployment total. In this case, we would add all four values to find the total number of unemployed persons. (10+12+13+12) gives a total of 47 unemployed persons in the pool. Re-entrants and new entrants might sound like they are not unemployed, but these terms, per BLS definitions, are not yet employed so they do not leave the "unemployed" ranks.</span>

8 0

3 years ago