Starbucks founder and Chairman Howard Schultz and his management team have used a variety of market-entry approaches, direct ownership, licensing, and franchising-to create an empire of more than 21,000 coffee cafés in 65 countries.

Question

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The statement correctly states that Starbucks has used a variety of market-entry approaches, including direct ownership, licensing, and franchising, to expand their business globally. They currently have more than 21,000 coffee cafés in 65 countries.

Starbucks Founder and Chairman Howard Schultz and His Management Team