Understanding of the local customer base

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Starbucks shifted there approve to have more control over its business in China. They have had experience of conducting business in another country which allowed them to shift their approach. They formed a joint venture, got access to the local infrastructure which allowed them to serve their customers. The language barrier is always a risk, political and economic conditions. It was a good idea to form the joint venture because of the understanding of the local customer base.

Reference no: EM133614071

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