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Chart Increasing

Unit 1 - Introduction To Business Management - QB

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Briefcase

Unit 2 - Human Resource Management - QB

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Money Bag

Unit 3 - Finance & accounts - QB

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Direct Hit

Unit 4 - Marketing - QB

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Factory

Unit 5 - Operations management - QB

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Bar-Chart

Unit 6 - Assessment

🚀 Grab your caffeinated drink, buddy! Let&#39;s dive into how two coffee giants, Starbucks and Tata Coffee, combine resources to brew success. ☕

<ul>
	<li>Starbucks is a big shot in the coffee game, ruling the roast in many countries.</li>
	<li>However, India&rsquo;s laws about foreign businesses have thrown some beans in Starbucks&#39; grinder. ☕️🚫</li>
</ul>

<ul>
	<li>Tata Coffee = Major Indian coffee player. Not just serving cups of joy, but they own the grounds (literally) where coffee is grown.</li>
	<li>Their idea? Combine forces with Starbucks to create coffee magic.</li>
</ul>

Businesses often combine different types of resources to create products or provide services. For our coffee heroes, Starbucks and Tata Coffee, let&#39;s break down how they might mix two resources: human resources and physical resources.

<ul>
	<li>
	Tata Coffee: They&#39;ve got skilled workers on their coffee farms who know beans better than they know the back of their hands. This workforce is trained, and their expertise? Top-notch.

	🌎 Real-world example: Imagine hiring a master chef for your restaurant. Their experience and skills would mean better dishes and happier customers!
	</li>
	<li>
	Starbucks: With its global experience, Starbucks brings managerial skills, training methods, and customer service expertise.

	🌎 Real-world example: Remember when you tried that foreign dish and loved it? That&#39;s Starbucks bringing international coffee flavors and standards to the Indian palette.
	</li>
</ul>

<ul>
	<li>
	Tata Coffee: These guys own the farms. Their physical resources include the actual coffee plants, the land they grow on, and the machinery to process them.

	🌎 Real-world example: Think of a bakery owning a wheat farm. Fresh bread, anyone?
	</li>
	<li>
	Starbucks: They&#39;ve got the branding, the store setup expertise, and the machinery to make that perfect cup.

	🌎 Real-world example: It&rsquo;s like Apple designing a new product. They might get the components from different places, but they know how to put it together in style!
	</li>
</ul>

When businesses like Starbucks and Tata Coffee combine resources, they&#39;re not just making coffee; they&#39;re brewing success. It&#39;s like mixing the right amount of milk and coffee to get that perfect latte. By blending human expertise with physical assets, they can serve up the best experiences for customers while making a tidy profit! 🎉☕🚀

&nbsp;

Ready for the next sip of knowledge? Let&#39;s keep brewing! 🌟📚🔍

Unit 1 - Introduction To Business Management - QB

Starbucks & Tata Coffee: A Strategic Union Explained

Table of content

Intro

Starbucks' challenge in india 🇮🇳

The solution - collaboration with tata coffee 🤝

Combining resources 🔄

Unlock the Full Content!

Unit 1 - Introduction To Business Management - QB

Starbucks & Tata Coffee: A Strategic Union Explained

Table of content

Intro

Starbucks' challenge in india 🇮🇳

The solution - collaboration with tata coffee 🤝

Combining resources 🔄

Unlock the Full Content!