When Starbucks First Opened, Many Critics Suggested, "No One Will

question 139

Multiple Choice

When Starbucks first opened, many critics suggested, "No one will pay $4.00 for a cup of coffee." Starbucks' critics suggested consumers would not be __________ to the company's offerings.

• A) responsive
• B) perceptive
• C) identifiable
• D) reachable
• E) quantifiable

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Definitions:

NAFTA

The North American Free Trade Agreement, an agreement signed by Canada, Mexico, and the United States, creating a trilateral trade bloc in North America.

Trade Barriers

Restrictions imposed by a government on international trade, often to protect domestic industries from foreign competition.

Foreign Sovereign Immunities Act

U.S. legislation that sets the limitations as to whether a foreign sovereign nation (and its political subdivisions, agencies, or instrumentalities) may be sued in U.S. courts.

U.S. Citizens

Individuals who are legally recognized as members of the United States, either by birth or naturalization, with specific rights and obligations.