Starbucks' Foreign Direct Investment Case Study Example | Topics and Well Written Essays - 500 words

Starbucks' Foreign Direct Investment - Case Study Example rbucks experience† in a foreign country, the company decided to consider entering into a â€Å"joint-venture† agreement with the foreign business partners. By doing so, it was easier on the part of Starbucks to transfer its business culture and practice to Japan. This was done by instructing some American employees to train the newly hired workers in Japan. By teaching the foreign workers on how Starbucks is making their coffee, the company was able to extend the Starbucks atmosphere in a foreign land. Starbucks decided to enter into a joint-venture agreement with its pre-selected foreign business partners. As a common knowledge, Starbucks is new in a foreign country. Therefore, it would be very difficult on the part of Starbucks to gain sufficient knowledge about the business licensing requirements in Japan, its existing labor policies, and the business culture in Japan among others (Morrison et al., 2008, p. 56). By taking advantage of the joint venture agreement, it will be so much easier on the part of Starbucks to learn more about the Japanese market. Likewise, joint-venture will also help the company remove barriers related to cultural and language differences (Kreitner & Cassidy, 2011, p. 96). Without losing Starbucks’ control over its foreign business partner, the joint-venture agreement will make it easier for Starbucks to establish a strong business relationship with its potential suppliers. Q.3 What are the advantages of a joint-venture entry mode for Starbucks over entering through wholly owned subsidiaries? On occasion, Starbucks has chosen a wholly owned subsidiary to control its foreign expansion (i.e. in Britain and Thailand). Why? Among the advantages of joint-venture agreement includes allowing Starbucks to share the risks of operating its business in a foreign market like the Britain and Thailand (Schermerhorn, 2010, p. 383). In case Starbucks’ target consumers in a foreign land do not patronize Starbucks’ products and services, the

Summary of Leviticus 25,26, Numbers 9, Deuteronomy 6 Assignment

Summary of Leviticus 25,26, Numbers 9, Deuteronomy 6 - Assignment Example This passage is important as it gives the significant celebrations that people ought to observe as commanded by God. The Sabbath year, for example, marks a year of rest as people should not sow or reap in that year, while the year of Jubilee depicts a time of liberty for the children of God. The Passover helps in reminding people that God saved them from the Egyptians, hence have a responsibility of obeying Him and loving Him as their only God. The passage shows that God loves His people, as he desires them to rest at various times, instead of working all the time. The Passover also depicts God’s love for humankind as he saved them from slavery. More to these, the passage shows that man belongs to God, thus must submit to his commands. Consequently, obedience leads to prosperity and long life as depicted in Deuteronomy 6:2, while disregard for the laws causes immense suffering. The passage also highlights the importance of keeping the laws and passing them on to future generations, so that all people get to live in accordance with God’s expectations. In addition, the passage relates righteousness to obeying the commands of God. Keeping all the commands equates to fearing God, and giving thanks to Him for delivering humanity from the bondage of the Egyptian oppressors. Conclusively, the passage seeks to highlight some of the important occasions we should observe in life as required by God. Prosperity follows those who obey, while the disobedient are punished for their actions.