Starbucks is opening a location in China every 15 hours, and just opened its largest location in the world in Shanghai. Which method of international expansion is Starbucks utilizing?

Multiple Choice

exporting

global outsourcing

wholly-owned subsidiaries

importing

joint ventures

The correct answer is letter "C": wholly-owned subsidiaries.

Explanation:

Starbucks Corporation was founded in 1971 in Seattle, Washington in the U. S. Nowadays the company has a presence in more than seventy-five (75) different markets part of its wholly-owned subsidiaries. Starbucks is not a franchise, but it provides licenses to investors. In China, for instance, Starbucks has opened more than three thousand (3,000) stores becoming Starbucks' second-largest market.