Starbucks Has Introduced a Debit Card That Lets Customers Prepay

question 86

Multiple Choice

Starbucks has introduced a debit card that lets customers prepay for coffee and snacks.This effort by Starbucks management is an example of ________.

• A)market development
• B)product development
• C)diversification
• D)market penetration
• E)product adaptation

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Definitions:

Consignment

The process of providing goods to a third-party retailer who pays the supplier only for the merchandise sold, not for unsold inventory.

Total Gross Pay

The total amount of money earned by an employee before any deductions or taxes are applied.

Commission

A fee paid for services or a percentage of the sales made, typically used as a compensation model in sales and services industries.

Total Gross Pay

The total amount of money earned by an employee before any deductions such as taxes, social security, and retirement contributions.