Final Global business Plan Paper Essay Example | Topics and Well Written Essays - 500 words

Final Global business Plan Paper - Essay Example Keeping in mind the governmental limitations on foreign investments, the external governance and its impact on the Starbucks India will be a major factor for its success or downfall. Since sole proprietorships and partnerships are essentially impossible under the Indian law, locally incorporated company is the answer to many limitations put by the government. Certainly, good corporate governance is the solution-key for above stated questions. In the case of Starbucks India, proper corporate governance has to be the identification and correction of inefficiencies in its running. In pursuing this objective, Starbucks' top level management can not rely on their own internal mechanisms, but they need to look for external instruments such as the market for corporate control. In this regard, external governance becomes very important to be looked at since the role of controls by the external stakeholders over the organization can compound for its overall success in India. For Starbucks India, external governance can play its healthy role in the forms of debt covenants, external au