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Essay Details:
Essay text:
This is the highest level of coffee consumption in the world.
• This expansion could strengthen a coffee shop’s global presence and also minimize risk.
• Danish currency, the Danish Krone (DKK), is pegged to the Euro.
Weaknesses
• Denmark citizens may not acquire a taste for an American coffee, which in turn could lead to diminishing returns.
• There are a very few coffee shops based in Denmark, so creating a pioneering image could backfire.
• In the coffee industry, beverage innovation is a determining factor of the Company’s success. The lack of beverage innovation could have a significant adverse affect on performance...
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