1) (10 points) Read carefully Textbook Chapter 10 and the Power Points; then Answer the following Questions:
- Discuss, in-depth, Reasons for Product Standardization in Global Markets. What are some Benefits and Challenges in Product Standardization? (see textbook p 397 â€“ 404)
- Discuss, in-depth, Reasons for Product Adaptation in Global Markets. What are some Benefits and Challenges in Product Adaptation?
2) (10 points) The Textbook (-. 390 â€“ 391) explains how Starbucksâ€™ Introduced Coffee to Chinese Markets using Product Adaptation Strategies. Select a Product (possibly/assume New to the Chinese markets; give Name and Picture of the Product). Discuss, in-depth, How you would Introduce that Product (you have Selected/Identified) to Chinese Markets.