Starbucks Sales Decline in China and Global Growth Quiz
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Starbucks Sales Decline in China and Global Growth Quiz

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@ExultantRetinalite

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Questions and Answers

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

  • 10%
  • 7%
  • 46%
  • 51% (correct)

    • 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

    <p>Vertical integration and locally relevant innovation</p> Signup and view all the answers

    In Japan, the average person drinks approximately how many cups of coffee per year?

    <p>200 cups</p> Signup and view all the answers

    Globally, sales at Starbucks cafes open at least 13 months grew by

    <p>46%</p> Signup and view all the answers

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