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Business, 07.03.2020 00:19 ravenalionna115

Bean, is analyzing the risk of each of the following options for expanding into a foreign market: 1. It could partner with Olé, a local bakery chain, to create a new company together (requiring Bean to manage a partner relationship). 2. It could ship the product to be sold by a wide array of coffee shops (involving high shipping costs). 3. It could sell the name and format of the company to individual business people to operate on their own (giving Bean limited control over stores and lowering its potential profits). 4. It could open, manage, and operate its own stores. 5. It could collaborate with a group of food chains to boost branding (though Bean might harm its reputation through negative brand associations).

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