1. starbucks has become a phenomenon worldwide, with more than 24,000 stores in more than 60 countries. sales are great even at relatively high prices for its products. this can perhaps be explained in the united states (and other wealthy markets), but how can starbucks’ success be explained by its foreign market entry in less developed and emerging markets? 2. do you expect that the growth of the number of starbucks stores worldwide will continue into more countries, or do you expect starbucks to focus on more stores in the foreign markets in which the company already has at least some stores already established? 3. with the ceo and driver of the company—howard schultz—stepping down as the company’s unques- tioned leader, do you expect starbucks to change its foreign market entry strategy in any way?

How should the environmental effects be dealt with when evaluating this project? the environmental effects should be ignored since the plant is legal without mitigation. the environmental effects should be treated as a sunk cost and therefore ignored. if the utility mitigates for the environmental effects, the project is not acceptable. however, before the company chooses to do the project without mitigation, it needs to make sure that any costs of "ill will" for not mitigating for the environmental effects have been considered in the original analysis. the environmental effects should be treated as a remote possibility and should only be considered at the time in which they actually occur. the environmental effects if not mitigated would result in additional cash flows. therefore, since the plant is legal without mitigation, there are no benefits to performing a "no mitigation" analysis.