What are some potential ideas that Tata Starbucks can implement to minimize the competitive threat that...

What are some potential ideas that Tata Starbucks can implement to minimize the competitive threat that an improved Costa Coffee will bring to the Indian market? Develop and explain

Expert Solution

Potential ideas which Tata Starbucks can implement to minimize the competitive threat are as follows:

· Diversification strategy: Tata Starbucks should adopt a diversification strategy that can help it to reduce the threat that an improved Costa Coffee will bring to the Indian market. India is socially and culturally diversified nation where the diversification approach can be an effective way to improve the market of Costa coffee in the Indian market.

· Partnership strategy: Partnership strategy can be the most suitable way for Tata Starbucks for making costa coffee famous in the Indian market. Indian market is a widely diversified market where quick penetration is almost impossible. Thus, a partnership strategy can be a suitable option to minimize competitive risk.

· Low price strategy: Low price strategy can be the most suitable strategy to defeat competitors in the Indian market. Costa coffee has high demand in the Indian market, and it is currently highly-priced in the Indian market. A low price strategy should be most effective in this context.

keosha answered 4 months ago

1. What will be some of the potential issues faced by a business looking to implement...

1. What will be some of the potential issues faced by a business looking to implement job rotation after brexit in lower skilled jobs?; such as Mcdonalds, hotels and so on. 2. Using the Job Characteristics model as a framework may identify changes that need to be made which will make the jobs in food retail, cleaning or farming more attractive. How might this be problematic for jobs in these industries? 3. What are some possible ways to improve intrinsic/extrinsic...

What are some of the diversification strategies that an investor can adopt to minimize the investment...

What are some of the diversification strategies that an investor can adopt to minimize the investment risk in the creation of a portfolio for optimal risk-return relationship if investing in the company Microsoft?

What is there about Starbucks’ strategy that can lead to sustainable competitive advantage? Please provide any...

What is there about Starbucks’ strategy that can lead to sustainable competitive advantage? Please provide any external references please. Thank you!

Evaluate the competitive advantage of Starbucks Corporation on its market. Suggest some recommendations for the managers...

Evaluate the competitive advantage of Starbucks Corporation on its market. Suggest some recommendations for the managers of Starbucks Corporation to improve competitive advantage. (250 words) No Plagiarism (copying) please.

What are some possible causes for budget variances? What can managers do to minimize budget variances?...

What are some possible causes for budget variances? What can managers do to minimize budget variances? How can managers mitigate the effects of these variances?

For Starbucks what is a recommended action they should implement? Be sure to justify and discuss...

For Starbucks what is a recommended action they should implement? Be sure to justify and discuss the positive and negative effects. What is the step by step procedure of how to implement the recommended action for Starbucks?

1. Consider cash collection items. How can a firm minimize this time and what are some...

1. Consider cash collection items. How can a firm minimize this time and what are some of the costs? Do we worry about this as individuals as well? If so, how? 2. How can capital structure decisions affect the control of a firm? In other words, would the control issues impact your decisions on how to raise money for your company? 3. How can sales be used to develop pro forma financial statements?

It can be difficult to estimate the probability of some threat events, as the attack could...

It can be difficult to estimate the probability of some threat events, as the attack could be accomplished in many ways. Fortunately, the quantitative technique of decomposition suggests one approach to this problem. What is this technique called?

What is your assessment of the strength of competitive pressures stemming from the threat of entry...

What is your assessment of the strength of competitive pressures stemming from the threat of entry of new competitors into Uber’s market?

A company wants to implement good internal control. What are the policies and procedures you can suggest to minimize human frauds and errors?

Assignment Question(s): Q1- A company wants to implement good internal control. What are the policies and procedures you can suggest to minimize human frauds and errors? Q2- Assume that you have a company. And the management team estimates that 3% of sales will be uncollectible. Give any amount of sales and prepare the journal entry using the percent of sales method. Q3- A company that uses a perpetual inventory system made the following cash purchases and sales. There was no...

Question