Coffee Crisis is a case study that represents the dilemmas inherent in the production of coffee by many developing nations. The coffee market fluctuates with changes in supply and demand. When supply exceeds demand the price or if the demand for coffee weakens in international markets then this can have vast implications on the price of coffee. In 2001, coffee markets were at a forty year low for a variety of reasons. As a result of the low price, many coffee growers in the third world were not even earning what would be considered a subsistence wage and were having trouble meeting their basic needs. Many industries also have to encounter decreases in demand that reduce the products margins; especially with any commodity.
However, coffee is a particularly sensitive issue because many of the coffee producers have little other opportunities and already living in subsistence conditions. One idea presented in the…...
The article discusses the rise of government intervention in markets by means of industrial policy. Several examples are cited, including a French toymaker, the U.S. government's intervention with automobile and bank bailouts and European involvement in knowledge industries. It is noted that while poorer countries often use industrial policy to help protect nascent industries and to foster growth in certain target sectors, this is not always the case in the est. In recent years, however, industrial policy has enjoyed something of a comeback in the est as well.
For politicians, industrial policy is risky. Some examples have proven successful, while others have proven abject failures that cost significant amounts of taxpayer money. The tradeoff is that some industries are more valuable than others, with respect to either foreign direct investment, jobs or other desirable outcomes for the government. It is noted that while in developing nations industrial policy may be used…...
mlaWorks Cited:
Investopedia. (2011). Economics basics: monopolies, oligopolies, and perfect competition. Investopedia. Retrieved January 29, 2012 from http://www.investopedia.com/university/economics/economics6.asp#axzz1kmQexa4w
The Economist. (2010). Picking winners, saving losers. The Economist. Retrieved January 29, 2012 from http://www.economist.com/node/16741043
45).
Threats
Some times on my workdays, I encounter challenges and obstacles that I need to be ready to face. Some customers are not happy with the coffee rooms and demand a refund. esides, other guests become extremely angry and may want to inform the senior management. Our competition is other coffee houses, which is right next to us. The hotel is closed for now, but a lot of work is being done to it such as the interior and exterior. Since this hotel will be opening up in a few months, we need to be ready to compete with them. We need to advertise our company and try to offer more than they are. The required specifications of my job have changed. It is now a requirement to wear uniforms to work and act as professional as possible (Sehgal, 2011, p. 337).
Changing technology has not threatened my position, although we…...
mlaBibliography
Brown, a. (1992). Creating a business-based it strategy. London, Chapman & Hall.
Eigenhuis, a., & Dijk, R.V. (2007). High performance business strategy: inspiring success through effective human resource management. London [u.a.], Kogan Page.
Lynch, R., Diezemann, J., & Dowling, J.F. (2003). The Capable Company Building the Capabilities That Make Strategy Work. Oxford, Blackwell Pub.
http://public.eblib.com/EBLPublic/PublicView.do?ptiID=238459 .
Today, the company makes it clear that it is a baker of bread. Founder Ron Shaich has served at Panera's Chief Executive Officer for more than 25 years.
Panera currently has 1,264 bakery-cafes in 40 states and Canada, delivering what the company refers to as fresh, authentic artisan bread and cafe foods. The company's mission, "a loaf of bread in every arm" sounds more like a tagline. However, the company has succeeded in making its bread broadly available and claims that it freshly bakes more bread each day than any bakery-cafe concept in the country.
Caribou Coffee (http://www.cariboucoffee.com/)
Headquartered in Minneapolis, MN, Caribou Coffee was founded in 1992. It now has up to 500 company-owned locations in 16 states, the District of Columbia and several international locations. Like most coffee shops, it offers bakery items in addition to beverages, but its emphasis is squarely on its quality coffee.
The company spends most of…...
mlaBibliography
Caribou Coffee. http://www.cariboucoffee.com/
Coffeehouse. http://en.wikipedia.org/wiki/Coffeehouse
Dunkin' Brands, Inc. http://www.dunkinbrands.com/
Dunkin' Donuts. https://www.dunkindonuts.com
Coffee Industry
According to legend the origins of the coffee industry began when an Arabian goatherd named Kaldi found that his goats reacted strangely around a certain green-leafed bush with red cherries. He ascertained that the excitement exhibited by the goats was due to the effects from eating these cherries. He also consumed some of the fruit and felt "invigorated"; later monks were said to have benefited from the plants qualities to help them stay awake during their long hours of prayer. Whether this story has any basis in fact is unknown but what has been determined is that Coffea Arabica originates from Ethiopia. The plant was cultivated by the Oromom people in the Kafa Province of the country. Arab traders are said to have transported seeds and grew plantations in about 1000 A.D. (Coffee, FAO)
The first known coffee house or coffee shop was reportedly started in Constantinople in 1475; the…...
mlaBibliography
Bergquist, Charles W. Coffee and Conflict in Colombia, 1886-1910. Durham, NC: Duke University Press, 1986.
Coffee. FAO. 2002. Accessed October 13, 2004. www.publish.csiro.au/samples/1559633700.pdf
Coffee Information. U.K. Vending. 2003. Accessed October 13, 2004. http://www.ukvending.co.uk/coffee.htm
Coffee Nation." Whole Earth Summer 2002: 4+. Questia. 18 Oct. 2004 http://www.questia.com/ .
One still cannot live with a clea conscience and dink a cup of coffee without paying the pice of knowing that somewhee in the wold thee ae people who ae switching to gowing coca instead of coffee tees because coffee, the only altenative to becoming a villain, failed to povide the necessay means fo a decent living. Coffee continues to be a poduct that bings economic advantages fo latifundia plantation ownes and the est of the economic chain afte them and only small compensations fo those who effectively wok on these plantations. Although Pendegast is obviously vey fond of his coffee, he does not neglect to emphasize this evil aspect in the histoy of coffee.
The Pologue to this book is almost an intoduction to a faiytale. The autho himself is picking coffee beies in on the mountain slopes of Guatemala. Moe than a faiytale, it sounds as if he…...
mlareferences when it came to coffee in the country where coffee did not have much chances of becoming a nationwide consumed beverage, the United States: "By the 1959s, coffee was the American middle-class beverage of choice"(Pendergast, xviii). As soon as coffee became such an important element on the table of the average American, passions unleashed again. Medicine had a heavy word to say in the dispute between those who considered coffee a drug and those who did not agree with this theory. Taking advantage of a population that was becoming (or that was led to believe that it became) more conscious about health problems related to nourishment, adversaries of coffee, like Charles William Post made their fortunes bringing coffee substitutes on the market. Pendergast grants a half of a chapter to this man and his life achievements. Since coffee depended and influenced lifestyles, the author presents Charles Post as a man of his times, a man who was worth 20 million dollars by the time of his death.
Since its first discovery, in Medieval times, in Ethiopia, coffee has accompanied the evolution of the human race without failing once. People and governments saw in coffee a way to prosper, but the costs were always disproportionate compared with the initial investment. Pendergast has succeeded to present a history of the coffee that focuses on the faults, vices as well as on the virtues of the human nature. He has followed the road coffee traveled thorough ages all around the globe to unravel a world that is today closely connected with this dark brew that made aristocracy, artists or common people lose their minds over it.
Recent experimental research has shown that caffeine blocks a type of brain receptor called adenosine A2A. These receptors work in conjunction with dopamine D2 receptors, and caffeine, by blocking the A2A receptors, enables the D2 receptors to be stimulated, thus increasing motor activity and movement.
Athletes and sports active individuals also gain additional benefits from drinking coffee. Human clinical studies show that caffeine enhances the body's ability to utilize body fat for exercise, and increases the body's ability to work out before fatigue. A cup of coffee before working out can do good, enhancing both performance and endurance.
Another beneficial characteristic of coffee is that it contains compounds with antioxidant properties. According to scientific studies, coffee contains four times level of antioxidant than there were in green tea. Antioxidants are thought to thwart diseases and disorder of nervous system. It also protects cells against oxidation which cause the process of slow…...
mlaBibliography
Coffee. (2007). Retrieved April 19, 2007, at ( http://en.wikipedia.org/wiki/Coffee_ (drink)
The Frontier Beverage Corporation. (2006). Retrieved April 19, 2007, at http://www.frontiercoffee.co.za/learn_about_coffee_and_its_effects_on_your_health.php
Medical Update, Coffee & Cirrhosis. (2006). Retrieved April 18, 2007 from http://www.readersdigest.com.sg/rd/rdhtml/en/magazine/mag_fullcontent.jsp?cid=2967
Chris Kilham. (2003). Coffee, Good for You! Retrieved April 19, 2007, at http://www.medicinehunter.com/Coffee.htm
Higher input costs because of the rising price of fuel difficult for the smaller carriers to stay solvent in particular. Although consumers and airlines are unlikely to accept the level of regulation that existed prior to the 1970s, it is likely that the airline industry will have to be more heavily regulated in the future to provide safe, reliable, and efficient transportation to passengers. The structure of the industry has changed, consumers are more concerned about safe transport than before, and the world has changed, politically.
Question
Multinationals can produce at economies of scale, driving down the cost of input and thus prices, an advantage for consumers. They tend to be more economically stable as a source of employment and also for investors. The international markets keep their eyes upon the performance of such mega-corporations, as barometers of economic performance. Also, in a global economy, facilitating relations between nations and treating…...
mlaWorks Cited
Frank, Josh. (5 Jan 2004). "Coffee in the times of globalization." Countercurrents. Retrieved 26 Apr 2008 at http://www.countercurrents.org/glo-frank050104.htm
Markley, Stephen. (2008). "World food shortage linked directly to fuel."
Kicking Tires. Retrieved 26 Apr 2008 at http://blogs.cars.com/kickingtires/2008/04/world-food-shor.html
Siddiqi, Asif. "Deregulation and its consequences." U.S. Centennial of Flight
In the coffee industry, intellectual property rights tend to extend only to branding. There are no rights extended to specific roasts, beans, or other inputs. Brand name protections include trademarks, slogans and other similar intellectual property. Common coffee terminology cannot be trademarked -- so for example Starbucks can trademark Frappuccino because that is not a generic term, but it cannot trademark cappuccino, because that is a generic term. In general, there are few IP disputes in the industry, though it is conceivable that branding disputes might emerge. Key technological inputs like espresso machines and coffee roasters can be patented, and usually are, allowing companies that build those machines to profit from their design efforts.
Coffee is traded on global commodities markets, and these set the base price for a standard bean. Beans are traded in green form, and are then roasted by the individual companies in the market. There are no…...
Issues for example could occur if business in one coffee shop is unexpected good for the day. However, because this business was unanticipated, the shop may encounter difficulties with appropriate inventory. Due to the proximity to the store, goods and inventory could easily be transferred to satisfy unexpected demand. This is particular useful in the early stages of business as inventory control is critical to profitability and return on assets.
In addition, having the store in the same demographic marketing area will allow the owners to further build the brand and competitive advantages over peers in the industry. Due in part to the commodity like nature of coffee, brand allows the owners to charge premium prices. This occurs with many coffee shops such as Starbucks, or Dunkin Donuts. Their coffee in many instances is similar to competitors. However, due to the brand, and what it represents to the consumer, both…...
mlaReferences:
1. Swarming the shelves: How shops can exploit people's herd mentality to increase sales." The Economist. 2006-11-11. p. 79-90.
2. Kotler, Armstrong, Philip, Gary. Principles of Marketing. (2011)Pearson education.
3. Joshi, Rakesh, (2005) International Marketing, Oxford University Press, New Delhi and New York ISBN 0-19-567123-6
Minimum Wage:
Since employment levels in the coffee industry will recover in the short-term and experience minimal growth, the minimum wage will also recover slightly because of greater automation. Currently, the minimum wage for every worker in this industry is $12,589 and is expected to increase to $13,197 in the next five years. The automation of the food-preparation process is considered as the major factor for the long-term trend of declining wages.
Personal Income:
The coffee industry is characterized by low to medium industry revenue volatility because of significant growth in demand from higher-income households that continue to rely on quick snacks and beverages. Therefore, personal income plays a crucial role in determining consumer behavior and trends. The high-income households or individuals contribute to low to medium industry revenue volatility because these consumers are income-rich but time-poor.
Inflation:
Even though the coffee industry is an economic powerhouse and a crucial part of Americans' lifestyles, the…...
mlaBibliography:
Porjes, Susan. Coffee and Ready-to-Drink Coffee in the U.S.: The Market and Opportunities in Retail and Foodservice, 7th Edition. Packaged Facts, 2011.
Samadi, Nima. Coffee & Snack Shops in the U.S. IBISWorld Industry Report 72221b, 2012.
S. versus the loyalty to Dietrich's Coffee in Southern California. Differentiating on specific types and flavors of drinks, smaller coffee shops and larger, more globalized chains seek to define their brand and unique value proposition primarily through the use of unique drinks. Despite these efforts however, new product development is a weakness in this industry. The lack of new product development expertise often leads coffee retailers to offer enhanced services including WiFi internet access (Clark, 19-20). In summary the customer for retail coffee is changing to be more discerning regarding service while also being loyal not so much on price but on the total in-store experience.
Strong Dependence on the Supply Chain for Profits
The entire retail coffee industry is highly dependent on the very volatile commodity of green coffee beans, which routinely have tariffs imposed on their export by South American nations. In addition to this dependency on coffee beans, the…...
mlaReferences
Ken Clark. "Hooking Customers on Wireless. " Chain Store Age: Retail Technology Quarterly 1 Oct. 2003: 19-20. ABI/INFORM Global. ProQuest 10 Jan. 2009
Danny Pimentel Claro, Priscila Borin de Oliveira Claro. "Coordinating B2B cross-border supply chains: the case of the organic coffee industry. " the Journal of Business & Industrial Marketing 19.6 (2004): 405-414. ABI/INFORM Global. ProQuest. 8 Jan. 2009
Elizabeth Fuhrman. "Coffee changes the playing grounds. " Beverage Industry 1 Dec. 2008: 10,12-13. ABI/INFORM Global. ProQuest. 7 Jan. 2009
Starbucks and Pepsi form partnership
The net result has been growth in the industry averaging 2.9% over the period of analysis (U.S. Department of Commerce).
Segmentation Analysis
First from product segmentation perspective, the coffee industry is dominated by roasted bean products (75%) followed by ground and specialty coffees and tea (11% each). Specialty teas are a market niche at 3%. Figure 1, Product Segmentation of the Coffee Industry, graphically shows the share of market attributable to each product type.
Figure 1: Product Segmentation of the Coffee Industry
Source: (U.S. Department of Commerce)
Product/Services
Share
oasted bean coffee
Ground and specialty coffees
Tea
Other tea
In terms of distribution channels, grocery wholesalers (73.2%) dominate the distribution channel strategies of nearly every manufacturer to an extent. This is attributable to the fact that mass merchandisers including Safeway, Tesco, Wal-Mart and other chains with significant influence on manufacturers' ability to competitive price their products. In addition the reliance on coffee futures trading also is significantly changing the pricing…...
mlaReferences
Danny Pimentel Claro, Priscila Borin de Oliveira Claro. "Coordinating B2B cross-border supply chains: the case of the organic coffee industry. " the Journal of Business & Industrial Marketing 19.6 (2004): 405-414. ABI/INFORM Global. ProQuest. 10 Jan. 2009
Alain d'Astous, Suzanne Mathieu. "Inciting consumers to buy fairly-traded products: a field experiment. " the Journal of Consumer Marketing
25.3 (2008): 149-157. ABI/INFORM Global. ProQuest. 9 Jan. 2009
Sushil Mohan, James Love. "Coffee futures: role in reducing coffee producers' price risk. " Journal of International Development 16.7 (2004): 983-1002. ABI/INFORM Global. ProQuest. 10 Jan. 2009
Coffee Shop
The case regarding Hermes fund management supports a much larger and contentious theme regarding investment management. Are managers responsible for the social initiatives of their shareholders? More important is it a fund manager's duty to uphold the social and political aspirations of their shareholders. As the case illustrates, the duty to both shareholders and society is indeed a fine line.
In regards to the case Hermes is correct in its activist stance towards investing so long as it benefits the shareholders in which they represent. As the case illustrates, Hermes has many risks that it must properly navigate in order to provide capital preservation for its shareholders. One such is risk is reputational in nature. As Total continues to conduct business in controversial countries, Hermes is subject to various risks to its reputation, which could ultimately cause redemptions in its funds.
However in regards to many of the more subjective risks,…...
mlaReferences:
1) Eisenhardt, K. (1989) Agency theory: An assessment and review, Academy of Management Review, 14
2) Kaplan, Stephen. "Capital Ideas - The Evolution of U.S. Corporate Governance." The University of Chicago Booth School of Business - Business School, Full-time, Part-time, Executive MBA Programs. Web. 13 Jan. 2012. .
3) Shaw, Kenneth. "New Accounting Rules for Defined Benefit Pension Plans." NYSSCPA.ORG | The Web Site of the New York State Society of CPAs. Web. 13 Jan. 2012. .
Coffee Industry: Economics and Investment
An interesting industry to consider in terms not only of investment, but also in terms of history, socio-cultural and economic influences, is coffee. It appears that, although the industry has recently experienced a world-wide crisis in sales, prices and quality, the industry is still flexible enough to provide opportunities for small companies and even coffee-producing individuals. Indeed, it appears that the crisis has brought about the highest of quality not only in some coffees, but also in the collective planning strategies of major stakeholders.
According to TechnoServe (2003) for example, 68 stakeholders from all sectors within the coffee industry have agreed to a collective analysis of the coffee industry in order to determine how best to deal with the crisis. Among these stakeholders are companies from specific countries where coffee has a major impact on the economic and social well-being of their residents. These include Cafecom…...
mlaBibliography
BBC Online. (2002, Jul. 3). "Nicaragua coffee earns record price." http://news.bbc.co.uk/2/hi/business/2090522.stm
Brew News (2002). "Brazilian Coffee Forecast." Adams Business Media, Inc. http://www.retailmerchandising.net/coffee/2002/0208/0208bn.asp
Brown, Suzanne J. (2002, Dec/Jan). "Peeling Back the Layers of Global Sustainability." In Coffee International, Vol. 176, No. 12. http://www.teaandcoffee.net/1202/coffee.htm
Business Wire. (2004, Jan 15). "Paris serves as Gateway for Starbucks entry into France." Hewlett-Packard Development Company. http://h71028.www7.hp.com/enterprise/cache/11737-0-0-225-121.aspx
There are many different topics to select when writing about online education. You can approach the essay from the point-of-view of an educator or of a student, and you can also look at it by grade level for K-12 students, for classes for undergraduate and graduate students. You can focus on the challenges that people face as remote learners or the benefits of remote learning. Many people who are looking at online education today also look at the impact of the COVID-19 pandemic on remote learning/ online education and how different school districts and educational institutions have....
Here are some suggested titles for your coffee essay, and if you do not like them, check out all of the slang terms for coffee for more ideas.
1. The history and origins of coffee: tracing the journey of this beloved beverage from its discovery in Ethiopia to its global popularity today
2. The social and cultural impact of coffee: how coffeehouses have shaped society and facilitated intellectual and creative discourse throughout history
3. The health benefits and drawbacks of coffee consumption: examining the latest research on the effects of coffee on physical and mental health
4. The environmental sustainability of coffee production: exploring the challenges faced by coffee farmers and the industry in maintaining sustainable practices
5. The art and science of coffee brewing: delving into the intricate process of selecting....
Essay Topics Pertaining to Coffee
Coffee, a beloved beverage consumed by millions worldwide, offers a rich tapestry of topics for exploration in essays. Here are several essay topics that delve into various aspects of coffee, its history, culture, and impact:
Historical Perspectives
The Origins and Spread of Coffee: A Journey from the Ethiopian Highlands to the Global Stage
The Role of Coffee in the Age of Exploration: Fueling Empires and Shaping Cultures
Coffee's Economic and Social Impacts: A Historical Analysis of Its Rise and Influence
The Brewing Revolution: Innovations and Traditions in Coffee Preparation
Cultural Significance
Coffee as a Symbol of Identity: Explorations....
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