Question: This question: 1 point ( s ) possible Subm JAB, a German company that now owns both Peet's and Intelligentsia, has been focusing on sales
This question: points possible
Subm
JAB, a German company that now owns both Peet's and Intelligentsia, has been focusing on sales of coldbrewed coffee, which it sells in supermarkets and convenience stores. According to an article in Street Journal, "Makng and distributing coldbrewed coffee, in particular, is challenging and expensive because it requires a lot of coffee beans to extract the flavor."
Source: Zeke Turner and Julie Jargon, "The Secretive Company That Pours America's Coffee," Wall Street Journal, March
If coldbrew coffee is more costly for JAB to produce than is conventional ground coffee or hot coffee sold in coffeehouses JAB sells those types of coffee as well why would JAB focus on it
A JAB isn't worried about making a profitit is a company that is passionate about coldbrew coffee.
B JAB is following a strategy of differentiating its product from those offered by competing firms.
C JAB is hoping to entice more firms to sell coldbrewed coffee to increase its popularity.
D All of the above.
Ten years from now, JAB's economic profit from selling coldbrewed coffee would be higher than it is today.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
