Starbuck can implement each of the stated strategies as below:-
Market Penetration Strategy: In this strategy, the company can advertise a lot about itself and keep the price of its coffee lower than the other competitors
Market Development Strategy: In this strategy, the company can look to expand its business in those areas where the sores of Starbucks are not still opened
Product Development Strategy: Here, the Starbuck company can focus on coming up with some new flavors of coffee, or some extra supplementary products to be offered in their stores
Diversification Strategy: here Starbuck can think of adding ore product line of apart from coffee stores, it can think of initiating a burger chain
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marketing management. please answer questions ASAP. please please. no explaination needed. dterm Exam Pai X 44991/q...