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Questions and Answers
Starbucks' China business experienced a significant decline in sales last year due to
Starbucks' China business experienced a significant decline in sales last year due to
- Supply chain issues
- Competition from local coffee chains
- A decrease in coffee consumption
- Strict Covid restrictions (correct)
In the three months ending on July 2, sales at Starbucks locations in China open at least 13 months increased by
In the three months ending on July 2, sales at Starbucks locations in China open at least 13 months increased by
- 10%
- 7%
- 46%
- 51% (correct)
Starbucks CEO Laxman Narasimhan believes there is still room for growth in China because
Starbucks CEO Laxman Narasimhan believes there is still room for growth in China because
- The average person in China drinks about 12 cups of coffee per year (correct)
- China is the world's second-biggest economy
- Starbucks has nearly 6,500 locations in China
- The company's revenue in China grew 51% year-over-year
Starbucks' competitive advantage in China is attributed to
Starbucks' competitive advantage in China is attributed to
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In Japan, the average person drinks approximately how many cups of coffee per year?
In Japan, the average person drinks approximately how many cups of coffee per year?
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Globally, sales at Starbucks cafes open at least 13 months grew by
Globally, sales at Starbucks cafes open at least 13 months grew by
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