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... someone has never been to a Starbucks location they don’t know what to expect from that new place, but if that person saw an ad for a competitor shop, he/she would choose the competition. One other threat to Starbucks is the economy itself. If there was to be a crash in the market, people would become more aware of their spending, and probably cut down on expensive coffee drinks like the ones at Starbucks.
I personally recommend Starbucks products as they really are high quality. Their stock is also great to invest in since it is always growing ever since it went public in the 90’s. I did not expect that a coffee shop can have such huge revenues just from sales of drinks. Later in the future I will know what to look for when investing in a company. This research has given me insight into how a company operates and what a company needs to do to be successful.
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