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Essay Details:
Essay text:
Starbucks' international strategy is to utilize two expansion strategies ? licensing and joint venture partnerships. The success of expanding into foreign markets is dependent on Starbucks' ability to find the right local partners to negotiate local regulations and other country-specific issues.
II. Define the Problems
Major
Starbucks plans to continue to expand its retail operations rapidly in two ways:
? To increase its market share in existing markets
? To open stores in new markets
Minor
? Store cannibalization. Starbucks has been known to open stores within one block of each other in hopes of saturating the market
? Poor merchandising efforts that have left many products ? like mug and coffee makers ? on display for years...
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