Question

In: Operations Management

what are the market values of starbucks coffee?is starbucks coffee part of U.S GDP or abother...

what are the market values of starbucks coffee?is starbucks coffee part of U.S GDP or abother country's GDP? and is it counted as quarterly or yearly GDP?

Solutions

Expert Solution

Market values of Starbucks coffee are that it is considered as the best coffee experience outlet among the customers and maintains highest quality standards among all its competitors as well. Among the target market customer base, Starbucks has established a name for itself as the best coffee brand serving millions of cups of coffee and bringing smiles to the faces of its customers. This is the brand positioning and market value that Starbucks continuously drives and aims to become the best coffee brand in the world in times to come.

Starbucks coffee is a part of US GDP since Starbucks is a US brand and all the Starbucks outlets across the world strive to earn revenue that ultimately boosts US GDP as the revenue of an American company will ultimately add to the US GDP only. Also it is counted as yearly GDP since the earnings get reflected in the balance sheets of the company on an annual basis and hence result in increasing US GDP as well.


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