Impact Of Globalization On The Coffee Industry - 1178 Words

Globalization is the process of interaction and integration between the people, companies, and the governments of different nations. Coffee is the second largest commodity in the world. Globalization has had an immense impact on various goods none being as big as its impact on the coffee industry. In the 1970 coffee beans went for three dollars a pound, but since that 1970 it has gradually decreased due to the increase in the production of coffee. Even though demand has increased, it was met with over production. Which in 2000 coffee prices reached a historic low, impacting farmers all around the world. This crisis came from very poor quality Vietnamese coffee flooding the market, causing the balance between supply and demand to be dramatically altered. The poor quality coffee beans forced Arabica farmers to lower their prices. In the long run this caused a lower quality in coffee beans, lower customer expectation, and low interest in coffee. Most importantly families of Coffee growe rs saw their incomes diminish to half what is was or worst. Farmer families struggled to have enough money to live on, some families decided to give up on growing Coffee beans and other gave up on farming completely. The Coffee bean industry still hasn’t recovered from these events, and it’s estimated that the industry has lost hundreds of millions of dollars in revenues due to low production. And hundreds of thousands of jobs have been lost as there is less coffee to pick, process and export.Show MoreRelatedThe Globalization Of Coffee : The Positive Impact Of Globalization1561 Words   |  7 PagesGlobalization as impacted numerous fields of business, the coffee industry is been impacted equally directly and indirectly. Some corporations have taken such a simple product and turned into an everyday life. According with the article â€Å"Coffee days† (2011), cheap chain coffee shops have significantly changed the social space. Globalization impacts all aspects of the coffee supply chain since the consumption of coffee in the developed world influences those in the developing world. It is obviousRead MoreGlobalization and Human Resource Management Strategies1608 Words   |  6 Pagesï » ¿ Globalization and HRM Strategies The Enterprise - Starbucks This paper will discuss the Starbucks Corporation concerning globalization and its HRM strategies. Starbucks is a company which prides itself on being a leader in the industry of coffee-brewers and coffee-houses, brewing the highest quality, most ethically grown beans for the most superior roasting experience, as stated on their official website. The Starbucks Company has always believed in fostering a high level of excellence thatRead MoreGlobalization Of Coffee : Starbucks1254 Words   |  6 PagesDevon Jones-Stewart Professor Solomon Globalization 22 March 2015 Globalization of Coffee: Starbucks Globalization is the process of interaction and integration between the people, companies, and the governments of different nations. Coffee is the second largest commodity in the world. Globalization has had an immense impact on various goods none being as big as its impact on the coffee industry. In the 1970 coffee beans went for three dollars a pound, but since that 1970 it has gradually decreasedRead MoreGlobalization Trade : A Positive Aspect1288 Words   |  6 PagesLeonela Gomez History 105 [22] Issue Paper #2 October 2, 2016 Globalization-Trade Globalization has generally been viewed as a positive aspect. Although it’s viewed as a positive thing, it also has its negative aspects that people usually choose to over-see and ignore. The most positive aspect of it was importing and exporting goods for other merchandise that may be needed more than what you have or in which crowded places it was not self-sufficient. In Pomeranz and Topik 2.7 Trade, Disorder, andRead MoreThe Impact Of Globalization On The People Of China1413 Words   |  6 PagesIntroduction Globalization is a worldwide growth phenomenon where economies, communities, and traditions are being integrated through increased interaction (Goodman). However, the phenomenon has come amid controversies. It has both positive and negative effects on the globe. Positive effects include globalization of western corporations that at some point had their businesses solely operating in the western nations (Goodman). 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What are some major benefits of going global? â€Å"Globalization is the increasing economic interdependence among countries and their organizations as reflected in the flow of goods and services, financial capital, and knowledge across country borders† (Hitt, IrelandRead MoreGlobalization Is Defined As A Process Of Interaction And Integration Arising From The Interchanging World1356 Words   |  6 PagesHutchens Cultural Anthropology Globalization Unit October 17, 2014 Globalization Globalization is defined as â€Å"a process of interaction and integration arising from the interchanging world views, products, ideas, and other aspects of culture.† In other words, it is interactions and trade between people and other countries including governments. There are many effects that come along with globalization, both negative and positive. Negative aspects of globalization start with non-economists andRead MoreCultural Globalization and Westernization698 Words   |  3 PagesGlobalization is the process of international integration arising from the interchange of worldviews, products, ideas, and other aspects of culture. Cultural globalization is dealt with in our everyday lives. It deals with different ideas, meanings, and values throughout the world, globally. International travel, television, music, the Internet and many different popular cultures influence it. Globalization has been questioned whether or not it actually leans towards the Western culture, or if itRead MoreImportance of Globalization in Hospitality1346 Words   |  6 PagesQuestion- Critically analyse the relevance and utility of globalization for the international hospitality industry. In the recent years hospitality industry over the years has expanded their business all around the world. Big hotel chains such as Marriott’s and Accor group are opening their hotels in developing countries such as India, Singapore etc. The process of globalization has played a major role in expanding their profits and laying their business across their own boundaries. Majority countriesRead MoreStarbucks : What Key Driving Forces Coffee Shop Retailers?1352 Words   |  6 Pagespresent and future, it’s important to look at the external situation that surrounds them. By performing a five forces analysis it can be decided if the industry is strong enough for outsiders to enter and prevail. The next consideration is what key driving forces coffee shop retailers should concentrate. Those forces are: increasing globalization, marketing innovation, changes in cost and efficiency and changing societal concerns, attitude and lifestyles. It’s also important to recognize the strengths

Introduction. The Idea Of Fairtrade Emerged In The Late

Introduction The idea of Fairtrade emerged in the late 1940s, which aims to rise the living standard of the disadvantaged producers and farmers in the developing countries. Providing sustainable supports to them, including investments, training, decent working conditions and better prices. The first Fair Trade label was introduced in 1988 to certify Fairtrade product and thus Fairtrade products become saleable in both supermarkets and other mainstream actors (Bezencon, 2011, p.61). This essay argues that producers and workers cannot gain notable benefits from Fairtrade. It will begin by looking at the Fairtrade minimum price and wages, then move on to the financial stability guarantee from Fairtrade Foundation and finally with the factors†¦show more content†¦Bezencon (2011, pp.64,65) states that the earnings of Fair Trade farmers will be protected by price floor set by Fairtrade Foundation to ensure selling price of Fairtrade certified products is higher than market price and independen t of the current market condition. Taking the coffee industry in 2013 as an example, despite the fact that coffee prices was low, Fairtrade farmers in Mexico, Peru, Tanzania and Indonesia sold around 8 to 26 percent higher, are mentioned in Fairtrade International (2016, p.1). It seems that Fairtrade farmers’ income can be secured. Yet data gathered in the Dragusanu et al. (2014, pp. 228-229) suggests a considerable proportion of crops produced by Fairtrade-certified farmers can be sold for the Fairtrade price: coffee (45 percent), cane sugar (54 percent), cocoa (61 percent), bananas (72 percent), and cotton (60 percent). It shows the exceptions do occur in the prevention of earning below the minimum price. As a result, Fairtrade growers cannot gain better price as the targets of Fairtrade and hence income stability cannot be guaranteed. Knowledge Application Finally, it can be argued that income generation training is ineffective for Fairtrade producers and workers. Fairtrade International (2016, p.1) reports greater proportion of Fairtrade famers received training than that of non-Fairtrade farmers. According to Bezencon (2011, pp. 64-65), training provided by Fair Trade is aboutShow MoreRelatedCoffee and Crisis Management Team21317 Words   |  86 Pagesimpact. Notify the Starbucks Crisis Management Team of the crisis and provide an initial assessment. General Response Priorities 4 Overview of Starbucks Coffee Named after a character in the classic story of Moby Dick, Starbucks Coffee has emerged as the world s leader in retail, roasting, and branding of specialty coffees for millions of customers worldwide since its 1971 founding in Seattle s Pike Place Market in the state of Washington. Still headquartered in Seattle, Starbucks CoffeeRead MoreInternational Management67196 Words   |  269 Pagesinteract and how businesses market, promote, and distribute their products globally. The same can be said for mass collaboration efforts occurring through digital, online technology for the development of new and innovative systems, products, and ideas. Both social networking and mass collaboration bring new power and influence to individuals across borders and transform the nature of their relationships with global organizations. As in the past, these developments underscore and reinforce the importance

What Is the Purpose of Business Discuss free essay sample

Would he have said is it all about money and making profit? Or would he have answered like Peter Drucker that the customer should have the highest priority in business life and everything should be done to satisfy him1. Or would he have responded like Dave Packard once said: â€Å"I think many people assume, wrongly, that a company exists simply to make money. While this is an important result of a company’s existence, we have to go deeper and find the real reasons for our being † 2 These quotes describe very well the difficulty in answering the question what the purpose of business is and the need for detailed analysis. As everybody is affected and surrounded by business every day, and since one can hardly imagine a world without business, it is crucial to know its purpose. Therefore it is the objective of this paper to examine in greater detail the nature and purpose of business and to demonstrate its importance to the whole world. We will write a custom essay sample on What Is the Purpose of Business? Discuss or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page â€Å"A business is any enterprise which makes, distributes or provides any article or service which the other members of the community need and are able and willing to pay for. â€Å" 3 This is one of an abundant number of definitions of business. The following study will consider reasons for many different descriptions and objectives of business. It will also examine why and how business has developed throughout the course of time as well as who are the stakeholders of a company and what different interests and objectives drives them to do business. 1 2 Peter F. Drucker,(1954), The Essential Drucker, 7th ed. ,Oxford: Elsevier Ltd. ,p. 15 Harvard Business School Press, (2003), Harvard Business Review on Corporate Responsibility, Harvard Business School Publishing Corporation, Boston, MA, p. 80/81 l. 26 ff. 3 th R. P Maheswari, ,(2006),Principles of Business, 6 ed. , New Delhi: Pitambar Publishing Company, p. 1 What is the purpose of business? Discuss. DISCUSSION 2 When talking about business and especially about the purpose of business we first of all have to distinguish between two perspectives, under which business can be seen from. On one hand there is the perspective of the customer, we all know and experience every time we go shopping, get a coffee or take the bus. On the other hand there is the perspective of the producer or provider of goods and services performed by businessmen in companies. Before scrutinizing each aspect individually, it is important to know what drives us to give business and economic behaviour such an important role in our life. The root of economic behaviour and business activity is deeply entrenched in the human mankind. We are willing to act economically and join business because of our self-interest in obtaining the maximum of wealth and prosperity. Adam Smith was one of the first to introduce this idea by establishing the picture of the Homo Oeconomicus. It describes the nature of human beings as â€Å"animals seeking after individual advantages† 5 This sketch of a man who is trying to reach the highest level of satisfaction is strongly connected with the economic problem of the shortage and lack of goods. Each of us has an abundant number of wishes and needs, but the possibilities to fulfil these endless desires are limited. This compels us to act economically and to limit our demands to the most essential ones. The result of this process is summarized in maximum and minimum values, which implies that you try to reach a maximum with a minimum effort employing given means. This is only possible and realisable if we form communities and subdivide the work among all people. This idea was already suggested by Plato, in his famous work Plato’s Republic, written around 380 BC. Step by step he visualized the requirements which are crucial for the existence of a city or a community. His treatise did not only deal with food, cl othing, or shelter but also included the sketch of work division and a simple market structure to simplify and optimize the life and standard of living of the citizens. 7 4 5 R. Lazaro,(2006), Philosophy of Business, Nicanor Reyes: Rex Book Store Inc. . 21 A. Smith, (1776),An inquiry into the Nature and Causes of the Wealth of Nations,New York: Hackett Publishing Company, p. 210 6 Herbert Sperber,(2007),Wirtschaft verstehen (Understanding Business),Stuttgart: Schafer-Poeschel,p. 14 7 Nicholas D. Plato (c. 427-347 BC), Plato’s Republic, Millis: Agora Publications Inc. ,p. 56ff What is the purpose of business? Discuss. 3 It was again Adam Smith who declared the division of work to one of the most important instruments in order to increase wealth and productivity among the nation. In his well-known book, â€Å"Inquiry into the Nature and the Causes of The Wealth of Nations† he describes, using an example of fixing pin production, how the division and specialising of work increases productivity extremely and in the end also prosperity among people. 8 If all the mentioned aspects are taken into account the general purpose of business would arise out of the desire to continuously increase and improve the standard of living in society. 9 But why do millions of people and business text books state that the purpose of business is to earn money and make profit? In order to find out which role profit and money play in the context of business purpose we will now examine business and its objectives as an economic institution. Today in a capitalistic society it is common to narrow the purpose of business down to the objective of earning money and making profit. Child labour and sweatshops are just two examples which underline this behaviour and show businessmen as unscrupulous people only trying to maximize their individual objectives of earning profits. But this performance distorts the picture of profits being a very important impact for economic behaviour and depicts even a very dangerous image of profit-fixed business activity in todays’ society. 10 Nowadays one has to differentiate between profits which result out of economic related transactions and profits produced out of egoism, greed and selfishness. 11 In order to realize who is actually affected by economic activity and who benefits from profits, the study will examine the eight stakeholder of a company shown in the following graphic. Eric D. Beinhocker ,(2007), Die Entstehung des Wohlstandes (The origin of wealth),Landsberg am Lech: MiFachverlag,p. 51 9 R. Lazaro,(2006), Philosophy of Business, Nicanor Reyes: Rex Book Store Inc. p. 54 10 R. P Maheswari, ,(2006),Principles of Business, 6th ed. , New Delhi: Pitambar Publishing Company, p. 10 11 David Henderson,(2002),The role of business in the modern world, University of Notre Dame, Fremantle, Australia, http://cei. org/studies-books/role-business-modern-world-progress-pressures-and-prospects-marketeconomy What is the purpose of business? Discuss. 4 Customers Suppliers Community Employees Organization Creditors Managers Owners Government [12] Stakeholders are individuals or a group of people interested in an organisation or affected by the actions or projects of a company13. One can mainly distinguish between external stakeholders such as customers, suppliers, creditors, government and the general community and the internal stakeholders represented by the employees, managers and owners. Each group has individual objectives and strives for different interests. 4 This understanding is very important while referring to the purpose of business because for each group the purpose of their performance and the being of the organisation can differ and even interfere quite a lot. Nevertheless, altogether they are playing a crucial role in order to maintain sustainability in society as well as to create shareholder prosperity. 15 12 Cf. Futrell,C. M. ,(2003), ABC’s of Relationship Selling, 7th ed. , New York: McGraw-Hill Companies, p. 36 13 (2007),Stakeholders Engagement, Washington D. C. : International Finance Corparation,p. 21, http://www. ifc. rg/ifcext/enviro. nsf/attachmentsbytitle/p_stakeholderengagement_full/$file/ifc_stakeholdere ngagement. pdf 14 Claire Carpon,(2008),Understanding Strategic Management,Essex,UK: Pearson Education Limited, p. 138 15 Sanjay Sharma, Mark Starik,(2004),Stakeholder, the Environment and Society,,Massachussets,USA: Edward Elgar Publishing Inc. ,p. 1 What is the purpose of business? Discuss. 5 While for an employee the first priority is to secure employment in order to afford a living and a higher living standard, managers are interested in yielding the greatest profits in order to get rewarded by e. . fringe benefits and increase the efficiency of their company. 16 Shareholders and creditors are known to be the most interested in profits the higher the profit is the higher is the dividend they get paid out and the reward they obta in for taking the risk of investing their money and time into the organization as well as carrying all the responsibilities which are linked to it. 17 So considering the purpose of business for the owners the shareholders, we might assume their first priority concerns obtaining the highest profit as possible. Does this mean profit is their only purpose of business or is it just one objective which needs to be fulfilled in order to even run the company? – This will be considered more in detail later. Besides the internal stakeholders, the external stakeholders are just as important as the people who directly influence the companies’ actions. The external stakeholders are closely related to the organisations decisions and performance and it is of great importance to identify their impact on the objectives of a company. 8 The interest of the customer in business depicts the satisfaction of his demands and needs he is establishing while living life. He is concerned about quality and availability of goods and services and the company needs to fulfil his requirements in order to maintain his value and purchasing power. 19 The purpose of business between owner, customer and supplier is slowly emerging: It is about taking and giving. Owner and supplier must both ensure quality of pr oducts and a good price performance ratio in order to ensure the satisfaction of their customers. Therefore, the customer has to be seen as the most important part of business, because he determines which products are necessary on the market and thus, which businesses will survive. Therefore the earning of profit is a necessary element and result- but not purpose- in doing business and acting economically in the pursuit of the objective to satisfy human needs. 24 21 (2007),Stakeholders Engagement, Washington D. C. : International Finance Corparation,p. 21, http://www. ifc. org/ifcext/enviro. nsf/attachmentsbytitle/p_stakeholderengagement_full/$file/ifc_stakeholdere ngagement 22 Drucker, P. F. , (1955), The Practice of Management, Oxford, UK: Elsevier Linacre House, p. 32 ll. 3-4 23 R. P Maheswari, ,(2006),Principles of Business, 6th ed. , New Delhi: Pitambar Publishing Company, p. 12 24 Drucker, P. F. , (1955), The Practice of Management, Oxford, UK: Elsevier Linacre House, p. 32 ll. 3-4 What is the purpose of business? Discuss. CONCLUSION 7 Having discussed the source of business and consulted the position of some experts as well as having scrutinized the different interests and objectives of the internal and external stakeholders, what is the main purpose of business? [25] Such as this graph is illustrating, business can be considered as a fundamental social progression â€Å"which proceeds from the very nature of man and of society†. 26 Its main purpose can be pictured as a mosaic which is composed of many different pieces: The mosaic – the final purpose of business- is to serve the community by supplying them with goods and services while at the meantime enhancing and spreading prosperity among all people. 25 26 R. Lazaro,(2006), Philosophy of Business, Nicanor Reyes: Rex Book Store Inc. p. 31 R. Lazaro,(2006), Philosophy of Business, Nicanor Reyes: Rex Book Store Inc. p. 31 What is the purpose of business? Discuss. 8 This results in the crucial aim of business to show value and best quality products to the customer in order to satisfy him because he is the one who will decide which products to buy, hence where to spend his money. Profit and money are instruments which are needed to ensure this process and keep it running. All these factors- or pieces, which contribute to the formation of the final mosaic -the purpose of business- are connected with each other- connected with each of us, for the reason that we are all part of the business cycle and therefore must be seen in relation to each other. 7 After a few minutes the man stands up, looks at the others and says: â€Å"Well, with all due respect gentlemen, as far as I am concerned each of us is a businessman and even if you don’t notice, you do business every single day – but to come back to your question, I see the purpose in my work, as to contribute to the wealth and prosperity of our whole society which is you, me and basically everybody living on this earth.

Looking In-Depth At Storytelling By Silko Essays - Literature

Looking In-Depth at Storytelling by Silko Leslie Marmon Silko is a Laguna Pueblo Indian who has written many novels and poems in her lifetime. One of these poems, Storytelling, is very interesting to me. This poem excites me because it tells of the impact that storytelling has on people in Laguna culture. I will analyze and explore many parts of this poem. One of these subjects is theme. The theme of Storytelling is actually the art of storytelling. Another aspect of the poem I will look at is tension. There is a specific tension between the husband and the wife in this poem. Next, I will explore how imagery helped Silko strengthen her writing. Then, I will look at how the form of Storytelling is different from that of other poems. Finally, I will compare Storytelling to another poem, written by Luci Tapahonso entitled, Blue Horses Rush In. All these aspects put together will enable me to do a complete textual analysis of Storytelling. Larson 2 To start, I will begin with the theme of Storytelling. The theme of the poem is the art of storytelling, hence the name. At the end of the poem the author says, My husband left after he heard the story and moved back in with his mother. It was my fault and I don't blame him either(Silko 424). As the reader, you think that the woman is feeling bad about lying to her husband and she doesn't blame him for leaving her because she has sinned. Then the next line reads, I could have told the story better than I did(Silko 424). This surprises the reader because the ending's not expected. This shows that the woman isn't really feeling bad about what she did, or what happened; she only wishes that she could have told a better story so her husband would stay with her. These quotes prove the theme of the poem; that storytelling is very important in the Laguna culture. It is what the people pride themselves on and the woman in the poem could have done a better job. Earlier on in the poem the husband says, You better have a damn good story(Silko 423). It is almost as if the husband is expecting a better story than w hat he receives, so not satisfied with the lines his wife feeds him, he leaves. From these lines it is obvious that the stories told, and how the people tell them is the theme of the poem Storytelling. This is not only a theme in the poem, but I Larson 3 believe that it also represents a very prominent theme in the Laguna culture. Other themes in the poem are adultery and lying, but these also portray the main tensions in the poem in addition to themes. The tension is between the husband and the wife. A mysterious being shows up and kidnaps the wife. When she returns she tries to tell her husband what happened in terms that he would understand. The husband, now very upset, believes that his wife committed adultery. The tension starts when the husband says, You better have a damn good story about where you have been for the past ten months and how you explain these twin baby boys(Silko 423). You can tell from this quote that the husband is not happy and wants an explanation; and it better be a good one. The wife retaliates by saying, No! That gossip isn't true(Silko 423). The wife feels that she needs to defend herself against the false accusations that her husband made. The rest of the poem the wife tells her story in order to try to persuade her husband of the truth. She wants to resolve the tension. Her atte mpts to persuade her husband are unsuccessful. So the tension is never really resolved because the husband leaves. Therefore, there is probably still tension surrounding the subject. Larson 4 There are many images in Storytelling that help set the scene and develop a mood. A couple images that help to set the scene are, ...the sun came over the long red mesa(Silko 422) and, She looked into the shallow clear water(Silko 423). This gives an image of how mystical and magical the scene was when the Buffalo Man