Starbucks: Success with Alliances and Partnerships

Starbucks operates in over 60 countries and had 2012 revenues of over $13 billion. It is considered the premier specialty coffee roaster and retailer globally. What began in 1971 with a single small storefront has used a variety of partnerships and alliances to attain its global footprint.

For a large consumer company, Starbucks does very little direct advertising. Instead, the firm forms alliances with major strategic partners. For example, in 1993 the firm witnessed the rise of the big-box bookstores and partnered with Barnes & Noble to supply their in-house coffee nationwide. Then, when Starbucks decided to move into Frappuccino drinks, it partnered with Pepsi to develop, market, and distribute a bottled product in grocery stores and other outlets beyond their Starbucks locations. In the mid-90s, they also partnered with Dreyer’s Ice Cream for Starbucks-branded coffee ice creams available across the United States. In 1998, Starbucks signed a 13-year agreement with Kraft to distribute its coffee beans in nationwide grocery stores and thus enter mass merchandizing. At the conclusion of this partnership (which ended acrimoniously), Starbucks, which by this time had introduced a Via instant coffee, was developing its own relationships with these same major outlets.

Starbucks has also used a series of alliances to expand globally. As one example, the firm teamed with Tata Global Beverages to open their first stores in India in 2012. Continuing their tradition of working with strong partners, Tata is one of India’s leading providers of high-quality Arabica coffee beans. The two firms share commitments to growing premium coffee beans using ethical and sustainable business practices. Tata is Asia’s largest coffee plantation company and is now working with Starbucks on creating retail store locations, beginning in major cities in India. The first Indian location opened in Mumbai in 2012.

Through these many alliances, Starbucks has demonstrated its ability to select good partners, create a governance structure that works, and monitor and improve its alliances over the course of many years. Alliances with Pepsi, Barnes & Noble, and even its now defunct relationship with Kraft all lasted more than a decade and helped position Starbucks for continued growth.

2)Starbucks has used both formal and informal alliance arrangements. The firm is well aware that contracts can never cover all situations. As discussed in the text, Starbucks is therefore using an informal ________________ as an element of their success.

A)equity alliance governance

B)joint venture strategy

C)inter-organizational trust

D)threat of a hostile takeover

E)dedicated alliance function

The most common method used for training non-managerial employees is on the job training (OJT). In fact, one estimate suggests that organizations spend three to six times more on OJT than on classroom training.

On-the-job training is a form of on-the-job training. During training, employees are introduced to the work environment in which they participate. Employees can also gain hands-on experience using machines, equipment, tools, materials, and more.

On-the-job training is usually the most effective way to acquire the skills needed for the job. No one wants to spend time away from work sitting in a classroom when they can study at work while working.

Lack of qualified trainers is one of the drawbacks of in-house training. The best people in an organization don't always make the best coaches. A qualified trainer has excellent communication skills. They are patient and ready to answer any off-course questions a trainee may have.

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The government provides goods and services in a free market economy in order to facilitate private trade and transactions.

Even thought the economy is controlled by the private sector in the free market economy, this cannot function without government help.

The government would have to provide public goods and services such as the police in order to enable the transactions in the private sector.

In conclusion, governments have to provide public goods and services in a free market economy to facilitate economic activities.

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At any time, the value of the accumulated funds can be found by figuring out how much the organization's net assets (assets minus liabilities) are worth. The money saved up is like the capital of a business that makes money.

This is further explained below.

Generally,  A non-profit group's extra money is put into an accumulated fund (NPO). The accumulated fund grows when there is a budgetary surplus, just like the retained earnings of a business that makes money.

In conclusion, You can always figure out how much the money you have saved is worth by figuring out how much the organization's net assets are worth. The money saved up is the same as the capital of a business that makes money.

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The results of a partial least squares structural equation modeling analysis imply that aspects of the stadium, club management, and the fan-based support for the club are the most important determinants of fan satisfaction.

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Answer: The costumer would find it better and easier, which means sport event will make more profit because the fans are satisfied.

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The discussion of the effects of advertising on your day-to-day life with a partner is done below:

Opinions: Advertisers try to make people seem miserable if they do not make use of their product.

Reasons: This is seen in the types of ads that are used as bandwagon fallacy is one of the most popular which tells you that since a large number of people are using the product, why should you be left out?

Education: There are different ways of disseminating these adverts and they can be done through TV, billboards, social media, etc

Facts / Examples: A company selling toothpaste can make an advert with the caption, "If 20 million people trust our product, you should too" and then someone with pure white teeth flashes a smile.

This refers to the creation of awareness for a particular product so that people would come and purchase the product.

Hence, we can see that the discussion of the effects of advertising on your day-to-day life with a partner is done above.

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Some reasons for the failure of firms when entering into strategic alliances with firms based in other countries include cultural differences, communication challenges, conflicting goals and strategies, and legal and regulatory issues.

Cultural differences: Different cultural norms, values, and business practices can create misunderstandings and hinder effective collaboration. Varying communication styles, decision-making processes, and approaches to conflict resolution can lead to difficulties in aligning and working together.

Communication challenges: Language barriers, time zone differences, and distance can impede effective communication and coordination. Miscommunication or lack of timely information exchange can result in delays, misunderstandings, and decreased synergy.

Conflicting goals and strategies: Strategic alliances require alignment of goals, strategies, and expectations. If there are fundamental differences in objectives, priorities, or approaches between partner firms, it can lead to conflicts, lack of commitment, and failure to achieve mutually beneficial outcomes.

Legal and regulatory issues: Different legal systems, regulations, and intellectual property protection in different countries can pose challenges. Discrepancies in legal frameworks and enforcement can result in disputes, contract breaches, or inadequate protection of intellectual property rights.

One example of a failed strategic alliance between firms from different countries is the partnership between Daimler-Benz (Germany) and Chrysler (United States) in 1998. The merger aimed to combine Daimler's engineering expertise with Chrysler's market presence. However, cultural clashes, differences in management styles, and conflicting strategic visions hindered the integration process. The alliance ultimately failed to achieve the desired synergies, and in 2007, Daimler sold Chrysler to a private equity firm.

Firms entering into strategic alliances with companies based in other countries face challenges such as cultural differences, communication barriers, conflicting goals, and legal/regulatory issues. Understanding and addressing these challenges through effective cross-cultural management, clear communication channels, alignment of goals, and thorough legal and regulatory due diligence can increase the chances of success in international strategic alliances.

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Coming to a school activity after participating in happy hour with colleagues is not an example of a violation of professional ethics.

Professional ethics encompass the personal and corporate standards of behaviour expected of professionals. The word professionalism originally applied to vows of a religious order. By no later than the year 1675, the term had seen secular application and was applied to the three learned professions, they are divinity, law, and medicine. The term professionalism was also used for the military profession around this same time.

Professionals and those working in acknowledged professions exercise specialist knowledge and skill. The use of this knowledge should be governed when providing a service to the public can be considered a moral issue and is termed professional ethics. It is capable of making judgments, applying its skills, and reaching informed decisions in situations that the general public cannot because they have not attained the necessary knowledge and skills.

One of the earliest examples of professional ethics is the Hippocratic oath to which medical doctors still adhere to this day.

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Answer:

having the ability to relate to and connect with others

When Leandro pays a general contractor to build a new house, it would be included in gross investment as residential fixed investment. So the option B is correct.

Residential fixed investment, also known as residential fixed capital formation or residential investment, is the amount of money spent to purchase or improve existing housing stock. This includes new construction, remodeling, and repairs.

It does not include spending on purchasing furniture, appliances, or other goods for the home. Residential fixed investment is an important factor in economic growth and is often used as an indicator of housing market strength.

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The complete question is:

For each of the following examples, indicate whether the transaction would be included in the gross investment component of GDP and if so, indicate which category it would be included.

When Leandro pays a general contractor to build a new house, it would

A. be included in gross investment as business fixed investment

B. be included in gross investment as residential fixed investment

C. be included in GDP as a net export

D. not be included in gross investment

E. be included in gross investment as inventories

Answer:

B)a business will continue to operate for the foreseeable future

Explanation:

The concept of 'going concern' means that a business will continue to operate into the foreseeable future. It implies that a business has a long life and is no danger of shutting down or being liquidated.

The going concern concept may be applied when a business is being sold or acquired. When a business is being sold as a going concern, it means that it is being sold as a unit. After the transaction, the business is expected to continue with its operations as normal.

Answer:inflation

Explanation:

Answer:

The amount you pay each month is set by the terms of your mortgage.

Explanation:

connexus

The  statement  that is true is option B: The investment adviser must disclose the potential conflict of interest to any customer prior to the sale of the partnership unit to that customer.

It is important for investment advisers to disclose potential conflicts of interest to their customers. Under the US Securities and Exchange Commission's (SEC) Rule 206(4)-3, investment advisers have a duty to disclose any material conflicts of interest to their customers.

In addition to disclosing conflicts of interest, investment advisers are also required to adopt policies and procedures to manage conflicts of interest, including measures to prevent the misuse of material non-public information.

Therefore, It is important for customers to understand any potential conflicts of interest that may exist, so they can make informed decisions about their investments. Customers should also be aware that they may have additional rights and protections under state laws, and should consider seeking the advice of an attorney if they have any concerns about their investment adviser's conduct.

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An investment adviser based in Beverly Hills, California whose clientele consists of wealthy entertainment celebrities, invests its clients' monies with the objectives of growth and income, along with safety of principal. The adviser allocates customer monies across various equity funds, bond funds, REITs and RELPs, and collects an annual advisory fee equal to 1% of assets. The adviser is recommending to its clients partnership units in rental condominiums being built in Las Vegas, Nevada. The developer of the condominiums will pay a 6% commission to the adviser for each real estate partnership unit sold. Which statement is TRUE?

AThe investment adviser is not permitted to collect both an annual advisory fee and a commission on the sale of securities recommended to customers

BThe investment adviser must disclose the potential conflict of interest to any customer prior to the sale of the partnership unit to that customer

CThe investment adviser can only collect the real estate commission on the sale of the partnership unit if it reduces its annual advisory fee by at least 50% of the commission charge

DThe investment adviser is not permitted to offer securities investments originating in any State other than California

Answer:

Initial payments includes a higher amount of money being paid upfront so the amount borrowed is less.

Explanation:

A down-payment is the initial cash payments that a borrower makes when they want to borrow money to finance the purchase of an expensive good or service. The down-payment is expressed as a percentage of the total amount to be borrowed. Because the nonpayment is paid in cash, it reduces the loan amount. A down-payment reduces the lender's risk enabling them to offer loans at lower interest rates

The development of local area networks and client/server computing paved the way for workgroup automation and collaborative technologies that continue to play a crucial role in modern business operations. option (D) Workgroup automation.

D) Workgroup automation (e.g., document sharing) is the business application that is associated with the technological development of local area networks and client/server computing.

The development of local area networks and client/server computing enabled the sharing of resources, data, and applications among multiple users in a workgroup or team.

This led to the development of workgroup automation tools such as document sharing, collaborative software, and project management systems that allowed team members to work together more efficiently and effectively.

Through workgroup automation, teams could collaborate on documents and projects in real-time, reducing the need for email exchanges or physical meetings. This improved communication and coordination among team members, leading to increased productivity and faster project completion.

Overall, the development of local area networks and client/server computing paved the way for workgroup automation and collaborative technologies that continue to play a crucial role in modern business operations.

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Based on cash in flow analysis, we can recommend that Project B is the better choice. Not only does it have a shorter payback period, but it also generates more cash in the early stages of the project. (option a).

To determine which project is more favorable based on cash flow, we can calculate the payback period. The payback period is the amount of time it takes for a project to generate enough cash to cover its initial investment.

Using this formula, we can calculate the payback period for each project. Project A would have a payback period of 10 months (since the cost of the project is $100,000 and the expected cash inflows are $10,000 per month). Project B would have a payback period of 5 months (since it generates $25,000 in the first five months, and then $5,000 per month after that).

Hence the correct option is (a).

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Answer:

First, you can simply brainstorm a list of all of your skills. If you aren’t sure what you are good at, your friends and family are always great resources to turn to. They have a good idea of your skills (others can sometimes see your aptitudes when you yourself cannot see them) You can also create a chart to break down categories, it may help you identify skills if you think of them in special categories.

As a manager, you are in charge of creating an environment that is conducive to teamwork and communication. If you have a team member who is not participating fully in a project, it can be detrimental to the team's success. One way to address this is to use social contract ethics and/or virtue ethics to coach the team member to perform better.

Social contract ethics are based on the idea that individuals are bound by a social contract to act in ways that are mutually beneficial. This means that individuals have certain rights and obligations that are defined by society. In the context of a team project, this means that team members have an obligation to work together and to do their fair share of the work. If one team member is not fulfilling their obligation, then it is up to the manager to remind them of their responsibility. Virtue ethics, on the other hand, are based on the idea that individuals should strive to embody certain virtues, such as honesty, integrity, and fairness.

In the context of a team project, this means that team members should be honest about their contributions and should work to ensure that the work is distributed fairly. If a team member is not fulfilling this obligation, then it is up to the manager to remind them of their responsibility. To coach the underperforming team member, you can start by reminding them of their obligation to the team and to the social contract that they have agreed to. You can also encourage them to embody the virtues of honesty, integrity, and fairness, and to work to ensure that the work is distributed fairly. By using social contract ethics and virtue ethics to coach the team member, you can help to create a more productive and cohesive team. This can also lead to a more positive work environment and increased job satisfaction for all team members.

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Unadjusted trial balance is prepared to determine the adjusting entries required.

The general ledger account balances at the conclusion of a reporting period are listed in the unadjusted trial balance, which is done before any adjusting entries are made to the balances to produce financial statements.

Add the balances in the debit and credit columns individually to complete the unadjusted trial balance. On the last line of the table, in the relevant column, write each corresponding total.

The sum of the credit column and the total of the debit column in the unadjusted trial balance must match. If they don't agree, either the journal entries were not accurately transferred to the ledger accounts or the trial balance was not properly produced.

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Answer:

environmental improvement plans at the brewery

Explanation:

Answer:

The answer is A

My bad lol

Answer:

exists when a production or consumption of a product results in a coast of third party

For economics class the answer is : Negative externalities occur when the social cost of a good or service is higher than the private cost.

:)

Explanation:

1. Since my competitor– 'Create your own yogurt' uses artificial flavors, I need to determine what those flavors are, and why they may be better than mine.

2. After noting the recipe used by my competitors, I will improve my own recipe using natural flavors which are medically advisable, while improving on branding and marketing efforts.

3. Price is usually going to be my greatest advantage over my competitor, followed by quality, and so I will consider a reduction in my yogurt prices, while striving at maintaining superior quality.

Answer:

sample response:  First, I will focus on lowering prices. I will do this by making sure my costs to run the business are low, and I will start by running the shop myself. I will create a better product by using healthier, better ingredients to attract more customers. Finally, I will be innovative by offering ingredients that aren't sold anywhere else.

Explanation:

This redistribution of wealth: Is more equal but less efficient for society.

By "taxing the wealthy, you decrease their incentives to work, which are already more sensitive than their lower income counterparts due to the large negative income effect."

This reduces efficiency in the economy but increases equality by reducing the wages of the wealthy and giving the money to those with lower incomes.

This is known as The Robin Hood effect. "The Robin Hood effect is the redistribution of wealth from the rich to the poor. The Robin Hood effect can be caused by a large variety of government interventions or normal economic activity."

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A commercial area. Operating in the industrial sector, Corning, Inc. produces optical fibre that can carry a significant portion of the phone traffic in the US on a single strand using a complex mixture of materials.

Operating in the industrial sector, Corning, Inc. produces optical fibre that can carry a significant portion of the phone traffic in the US on a single strand using a complex mixture of materials. They operate in the B2B sector, and the goods they produce will be used extensively throughout the US. In contrast to the B2C industry, where we deal with individual clients, the B2B market is completely different. However, the industrial market is where we deal with the commercial sector, where people use the product to create their own goods. A commercial area. Operating in the industrial sector, Corning, Inc. produces optical fibre that can carry a significant portion of the phone traffic in the US on a single strand using a complex mixture of materials.

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To determine the experimental probability that a student chosen at random received toys and DVDs, we need more specific information about the total number of students and the number of students who received toys and DVDs.

Experimental probability is calculated by dividing the number of favorable outcomes (students who received toys and DVDs) by the total number of outcomes (total number of students). The result is typically expressed as a fraction, decimal, or percentage.

Without the specific data on the number of students who received toys and DVDs, it is not possible to provide the experimental probability. Please provide the relevant information, and I will be happy to assist you further.

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Capacity decisions involve determining the amount of output a firm can produce over a given period. This decision is crucial because it affects the firm's ability to meet demand, control costs, and generate profits. The firm's estimate of future demand will influence its decision on how much capacity to build or acquire.

Location decisions involve selecting the optimal location for the firm's facilities. A firm's choice of location should be based on its estimate of future demand, the availability of resources, transportation costs, and the local business environment.

Personnel policies are critical because they affect employee satisfaction, retention, and productivity. Organizations must design policies that align with their goals and values, taking into account the estimated demand for labor, the current labor market conditions, and the company's budget.

The selection of production equipment is also an essential decision that must be based on the organization's best estimate of future demand. Equipment should be selected to meet demand while minimizing production costs.

The businesses must base capacity and location decisions, personnel policies, and production equipment selection on their best estimates of future demand. Failure to do so can result in a mismatch between the firm's capacity, location, personnel, and production equipment and the demand for its products or services, leading to inefficiencies, increased costs, and lost opportunities.

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Answer:

im thinking C. or D.

Explanation:

Intuit QuickBooks has a significant impact on both the organization and its users by providing streamlined business processes and facilitating efficient financial management.

QuickBooks is a popular and widely-used accounting software developed by Intuit Inc. It is designed to help small and medium-sized businesses manage their financial operations effectively.

The impacts of QuickBooks on the organization are: Enhanced Financial Management; Improved Decision-Making; and Time and Cost Savings.

The impacts of QuickBooks on the users are: User-Friendly Interface; Increased Productivity; and Enhanced Collaboration.

The recommendations for Improving Intuit QuickBooks: Expand Integrations; Advanced Reporting and Analytics; and Enhanced Mobile Experience.

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The calculations assume that there are no additional transaction costs or factors that may affect the actual returns.

To calculate the IRP forward rate of £ vs €, we can use the formula:

Forward Rate = Spot Rate ˣ (1 + Domestic Interest Rate) / (1 + Foreign Interest Rate)

For the given scenario, the spot cross rate is €1.25 = £1.00, and the domestic interest rate (Euro Zone) is 5% while the foreign interest rate (UK market) is 15%. Plugging these values into the formula, we get:

Forward Rate = €1.25 ˣ (1 + 0.05) / (1 + 0.15) = €1.25 ˣ 1.05 / 1.15 = €1.144

Therefore, the IRP forward rate of £ vs € is approximately €1.144 = £1.00.

To calculate the extra earnings by investing in the UK market, we need to compare the interest earned in the Euro Zone with the interest earned in the UK market.

The investor has €20,000, and in the Euro Zone, the interest rate is 5%. So, the interest earned in the Euro Zone would be €20,000 ˣ 0.05 = €1,000.

On the other hand, if the investor converts the €20,000 to pounds sterling at the spot exchange rate of €1.25 = £1.00 and invests in the UK market with an interest rate of 15%, the interest earned would be £20,000 ˣ 0.15 = £3,000.

Therefore, the extra earnings by investing in the UK market would be £3,000 - €1,000 = £2,000.

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