Here are the revised wrong answers and the rest of the ones not done. Also I am going to post the whole what I believe is all the correct answers can you check them for me? THANKS AND GOOD LUCK ALL!!!!
24 D
26 C
27 C
28 D
33 A
34 A
43 A
44 B
52 A
53 A
64 B
71 A
72 B
73 B
74 C
75 D
81 B
82 D
83 B
84 D
85 D
86 D
87 D
88 B
89 C
90 D
94 B
100 A
Tuesday, November 13, 2007
Starbucks- Question #1- Beth Ellis
Starbucks’ strategy of expanding overseas creates value for the company’s shareholders in a very obvious way. By expanding overseas Starbucks is seeing a huge increase in revenue. With this increase in revenue stock prices will inevitably rise as they do whenever a company begins to become more profitable. Since expanding overseas has obviously been a good experience for Starbucks and a profitable one, the expansion creates a wealth of profit for the shareholders as profits continue to rise and stocks continue to increase.
Starbucks Question #2 - Amanda Guay
I would classify Starbucks as pursuing an international strategy because they centralized their product development functions, they established manufacturing and marketing functions in each of the major countries, and they undertook some local customization of product offerings and marketing strategy, but it was limited. I believe it has chosen the right strategic posture because they did exceedingly well in countries that were probably thought of as less promising at the time. For example, the basic Starbucks formula has done very well in international markets. Their Lattes have become standard fare the world over, from non-coffee cultures such as China and tea cultures such as Japan to the coffee cultures of Western Europe.
Comp Questions - Amanda Guay
The following are new answers to questions 74 and 75 (which, after correction, were wrong the first time around).
74. C
75. C
The following are the answers for questions 76-80 of the Accounting section:
76. D
77. B
78. D
79. C
80. B
74. C
75. C
The following are the answers for questions 76-80 of the Accounting section:
76. D
77. B
78. D
79. C
80. B
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