Ask Question
4 December, 11:46

Starbucks traditionally has relied on a franchising model to expand internationally. But when it came to India, the coffee chain took another approach. It allied with Tata Group, another huge international name, to create a

(a) - joint venture.

(b) - strategic alliance.

(c) - direct investment.

(d) - distribution system

(e) - indirect investment.

+4
Answers (1)
  1. 4 December, 12:11
    0
    joint venture

    Explanation:

    Traditionally, Starbucks has depended on a model of the franchise to expand globally. However, when it comes to India, another approach was taken by the coffee chain. It allied with Tata Group to creat a joint venture.

    A joint venture (JV) is a business deal where 2 or more parties agree to pool their money for a particular task to be accomplished. This role can be a new project or any other operation of the business.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Starbucks traditionally has relied on a franchising model to expand internationally. But when it came to India, the coffee chain took ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers