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商品編號: W25260 出版日期: 2022/02/09 作者姓名: Wang, Lucas Liang 商品類別: Other 商品規格: 12p 再版日期: 地域: China 產業: Accommodations;Restaurants and food service industry 個案年度: -
商品敘述:
In February 2019, Tim Hortons, Canada''s iconic coffee franchise, opened its first coffee shop in China in Shanghai, thereby extending its international footprint to China. To accomplish this entry, Restaurant Brands International (RBI), the parent company of Tim Hortons, formed a joint venture (JV) Tim Hortons (China) Holdings Co., Ltd. (Tims China) with Cartesian Capital, a private equity fund that had operated in China for more than twenty years. As the minority owner, RBI granted Tims China the master franchise rights, covering the use of trademarks, core products, store management procedures, and so on. Cartesian Capital, on the other hand, held majority ownership and would manage the strategy and daily operation of the joint enterprise. A veteran of Cartesian Capital was dispatched to the JV to be its chief executive officer. The fast-growing coffee market in China presented enormous opportunities, but Tim Hortons was a latecomer compared with foreign brands like Starbucks and numerous local coffee providers. In this situation, how should he best position and expand Tim Hortons in the new market?
涵蓋領域:
International business;Strategy
相關資料:
Case Teaching Note, (W25261), 11p, by Lucas Liang Wang
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