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.
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Based on the stay even analysis, it can be concluded that a 7% increase in price would lead to a decrease in the quantity demanded.
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How to explain the stay even analysis?</h3>
The stay even analysis %ΔQd = %ΔP/(%ΔP +margin) can be used to determine if a price increase of 7% would result in a decrease in quantity demanded that is less than the increase in quantity demanded.
The optimal prices by region are Southwest region $311; Upper West region $278; and Northeast $240. The stay even analysis for the Southwest region is as follows:
%ΔQd = %ΔP/(%ΔP +margin)
= 7%/7.5% = 93.33%.
This means that a 7% increase in price would result in a decrease in the quantity demanded.
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Answer:
d) $2,600,000
Explanation:
The projected revenue is $90,000
cost of the event is $40,000
The projected profit per event is $90,000 - $40,000 = $50,000
For 52 events, profit margins will be $50,000 x 52 =$2,600,000
<span>Apprenticeship programs are structured in such a way that it is
mandated that each beginner would first serve as an assistant to a fully
trained worker for a specified period of time before he or she gains full
credentials to work in the field.</span>
Is this argumentative ? are you supposed to be talking her into donating ? you could say that there’s proof that they do donate the money and use self worth and helping others and the good feeling you get from that to get her to donate
