ECONOMICS (CBSE/UGC NET)

ECONOMICS

GDP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What Starbuck’s beverage is purchased the most this time of year?
A
Pumpkin Cream Cold Brew
B
Pumpkin Frappuccino
C
Smores Frappuccino
D
Pumpkin Spice Latte
Explanation: 

Detailed explanation-1: -Starbucks debuted the pumpkin spice latte in 2003, and the “PSL” grew to be the company’s most popular seasonal drink, selling more than 600 million since inception and fueling its adoption by rival coffee chains and neighborhood cafes.

Detailed explanation-2: -Starbucks alone reportedly sells 20 million pumpkin spice lattes annually.

Detailed explanation-3: -Starbucks’s Pumpkin Spice Latte is officially returning to stores on August 30, 2022. Along with the classic PSL-which has been a fall menu favorite for 19 years in a row-the coffee chain is also bringing back the Pumpkin Spice Cold Brew for a fourth season.

Detailed explanation-4: -Some industry experts suggest that this flavor profile is so popular because it evokes and capitalizes upon positive feelings associated with the fall season. “Emotions are a powerful motivator for purchase, ” Northeastern business professor Bruce Clark wrote about the ‘pumpkin spice economy’ in 2018.

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