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Starbucks Is a Chain That Is Rapidly Expanding Its Global

question 119

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Starbucks is a chain that is rapidly expanding its global operation. As it expanded into South America, its research showed that Chileans on average drink only 150 cups of coffee annually, and people in Argentina only drink about half that amount. An average citizen of the United States drinks 345 cups annually. These differences in annual coffee consumption most likely reflect__________ .


Definitions:

Marketing Planning Process

A comprehensive approach that involves setting marketing goals, analyzing the competitive environment, and implementing strategies to achieve business objectives.

Evaluate Performance

The process of systematically assessing the work and results of an individual or team against predefined objectives or criteria.

Quarterly Sales

The revenue generated from the sale of products or services during a three-month period of a fiscal year.

Place Decisions

Choices made regarding the distribution channels used and locations where a product or service will be offered to consumers.

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