How to Structure the Paper Format Wiseessays Com

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Is Term Papers Necessary?

Is Term Papers Necessary?The answer to the question 'are term papers necessary for a degree program' depends on the student and his situation. For instance, if you have taken an undergraduate course in college and you were satisfied with it, you may be able to go back to school and earn a better degree, but if you have found a course of study that you liked and have been satisfied with your grades and progress, then it is possible to continue your education without taking any more classes.You don't end up in debt when you don't take any more classes, but you might find yourself doing some research before your studies are finished. You can complete the requirements you have in one semester, but if you want to complete all the requirements in the semester you are studying, you will need to take a semester of distance learning courses, although there are many other ways to continue your studies.When you take some time off for your own schooling, you will learn how the students deal with the different problems that are usually faced by people who wish to advance in their career. You will gain insights about what it takes to get to the top in an organization, and you will also learn how the other students in the same field tackle problems and challenges they face every day. After you have completed your term papers, you will have a good idea as to how these students go about achieving success in their chosen careers.You will know the routine and mentality of students who excel in their careers, and this knowledge will help you prepare for the aspects that you need to overcome when you embark on a college life. You will know how to adapt yourself to the academics of a school, and you will be able to steer clear of the weaknesses that most students have when they make the transition to college.If you think that term papers are necessary, consider whether you are in a position to apply for scholarships, grants, and loans before you begin your studies. Most scholarships and grant programs do not require that you take any formal course work or write term papers. With scholarships and grants, you can apply and receive these funds without doing any paper work or assessment.After you have had a chance to complete your term papers, do some research and see which types of programs are available to you. There are several types of federal programs and private organizations that offer student support programs for individuals attending college.It is important to recognize that a college education may be a luxury to some, and it is imperative that you understand the education that certain types of individuals receive. By having the right type of education, it will give you more options and allow you to find your passion for your career.College can be an education, but it will also teach you life skills and leadership skills. As a part of the graduate program, it is important that you understand what you have to do in order to succeed, and to study how to pre pare yourself for the problems that come along with life.

How To Choose Photos And Essay Topics

How To Choose Photos And Essay TopicsWhat makes the common photo essay topics so popular? Well, that is a big question. A great variety of subject matter and story lines have been explored in this category and it would be impossible to list all of them.A common essay topic is one that can be used in numerous ways. Some authors use it to bring attention to their work. Others want to do an original story about an important period in their lives. Many students use it as a way to make a statement about the current situation and issues they are facing.As for the use of essay topics, some are more practical than others. There are topics on education that will help to get students excited about school. On the other hand, topics such as a disaster or news stories might stir up a good deal of emotion. In addition, there are also topics that will simply make a large difference in a students' life or mind.Common photo essay topics are easily available and can be found using the internet. The be st place to find them is on free websites. These are sites that offer dozens of categories of topics and you will likely find hundreds of great ideas to help you create your own custom essay.You may choose one topic for a specific time frame or be able to select as many as you want. Perhaps you will want to write it for one year, five years, ten years, or another period of time. It is up to you. Since most of these websites are free, there is no worry about how you will pay for the essay.A great thing about photo essay topics is that many of them will simply show how you can use simple photography. For example, if you are able to capture an iconic image that is related to your essay topic, then you will get lots of attention. If not, then you can always add another photo to the portfolio.One of the best things about photography online is that you do not have to worry about how you will pay for the work. As long as you take the time to do a little research and make sure you have a go od portfolio, then you will most likely be able to write a high-quality essay.

Body Comodification in Maria Full of Grace Free Essays

Writer and director Joshua Marston’s film â€Å"Maria Full of Grace† chronicles the titular character’s foray into the drug trade. The young girl, in desperate circumstances, wagers that the money promised to her by her drug running employers against the plethora of possible unfortunate outcomes, and when she accepts the job, her body effectively becomes commodified. Maria, in the film, is reduced by her employers from a daughter, sister and expectant mother to little more than a human container, a clandestine vessel to facilitate the import of cocaine into the United States from Columbia. We will write a custom essay sample on Body Comodification in Maria Full of Grace or any similar topic only for you Order Now Maria Full of Grace† exposes the methods that drug cartels use to ensure that their shipments arrive to their destinations. The mules are made to swallow pellets of cocaine, and, upon arriving in the United States, excrete them to be sold. This method of delivery is fraught with danger. There is, of course, the possibility that the mules will be discovered by authorities on either side of the border, and smuggling such large quantities of narcotics carries hefty penalties that could see them locked up for life. Another, even more serious threat is that the pellets could, at any time, rupture inside of the mule’s body, which is tantamount to a death sentence. With these dangers being considered, it can be difficult to imagine how someone could allow themselves to be used in such a way, but, luckily, the film includes the necessary motivations. Maria is prompted to become a drug mule when she loses her job de-thorning roses. She had been keeping her struggling family afloat with this occupation, and was in desperate need of employment, especially considering she was pregnant. While all drug mules have various reasons for choosing to use their bodies to transport drugs, most of those reasons are to escape desperate circumstances. The mules are given the opportunity to feed their starving families, to find some solace from their impoverished lives. The mules hold no illusions about becoming rich, they are simply compelled by their lack of options to accept any job that pays well, even if it means risking anything. Drug mules are compelled by desperation into the horrific world of drug smuggling, but the cartels are motivated only by lust for greed and profit. This represents yet another risk that the mules must face. In â€Å"Maria full of Grace† when Lucy falls ill, the cartel members that contact her pay no mind to the fact that she is dying before their eyes. To the drug runners, Lucy has fulfilled her purpose by transporting the cocaine, and they thus have no reason to protect her life. When Lucy dies, she is disemboweled in the bathtub of a hotel room for the drugs she was carrying. nd her body is simply and unceremoniously dumped, this turn of events serves to showcase the fact that the cartels feel no empathy towards the people that they rely upon, for, to them, they are not people, but have been reduced to mere objects. â€Å"Maria Full of Grace† helps to showcase how globalization is allowing human beings to be reduced to commodities. The international trade in drugs mak es many unscrupulous people a lot of money, and so, those people are willing to go to any lengths to ensure that the drug trade between nations continues. When border patrol agents, drug sniffing dogs and the coast guard shut down avenues of trade, the cartels turned to the idea of using people as the containers of their wares. This commodification of the human body dehumanizes the mules to such an extent that when they die serving their employers, their thanks is to be cut beyond recognition for their cargo and disposed of, as if they were trash to be thrown out. Joshua Marston’s film perfectly reveals the negative ways in which globalization has led to the commodification of the human body How to cite Body Comodification in Maria Full of Grace, Essay examples

Calling The Earth To Witness(2007) by Darkwater free essay sample

This is a strange one. Yeah, Im going deeper and deeper underground here because some of these guys need more exposure than they get. Darkwater is a Swedish Progressive Metal group that seem to have great influence to Power metal band Symphony X, Opeth and maybe Tool even. So far, they have only released two albums with this being their debut. This is an nine track album that has an overall length of about 62 minutes. You may also find two epics here which are Habit and The Play, which is in two parts. Youll find this album very atmospheric and very beautiful sounding with its fluttering pianos and Symphony X inspired riffing, though less complex. Also, many of the tracks are gonna be pretty long normally hovering in the nine minute mark or higher so I wouldnt recommend it if you have an attention span less than 10 minutes give or take. We will write a custom essay sample on Calling The Earth To Witness(2007) by Darkwater or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Yes while it is only nine tracks, it has some epics that may not be for the faint of heart. The dark ambience, a more Tool or Opeth thing, is also fitting in this album, at least for me anyways. To me, it seems to fit well with maybe the album cover(kind of silly yes but bare with me) and some of the guitar and bass work on this album which is mostly slow tempoed and some beautiful, fluttering piano chords as Ive explained above. I would hope these guys are still around because two albums isnt really enough, 2010 was their the year for their last album too so its been about four or five years since then at the time of me writing this. I cant find much wrong here, though I wouldnt give it a perfect score, but close. I give this album a 9.8/10. I am the Grim Reaper, signing off.

Song Analysis free essay sample

The song that I chose to analyze is Changes by Outpace Shaker. The late Outpace Shaker was an African American rapper who was shot dead years ago. His powerful lyrics have impacted the rap industry to this day, because he spoke the truth. His lyrics directly related to his everyday struggles, and how being a successful African American is not an easy task to achieve. Rap usually talks about events of everyday life, and the song Changes talks about racial profiling, poverty, and how racism affects the everyday life of African American people. Note that this song came out in about 1996 where things were different, however the lyrics of this song still ring in the ears of people who are affected by the evil of racism. The song starts off with the line l see no changes. The changes I believe he is referring are the changes that supposedly occurred after the Civil Rights Movement. We will write a custom essay sample on Song Analysis or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page My interpretation of what Outpace says is that, even though African American people are supposed to have more freedoms since the movement, he doesnt see many changes at all.In the first stanza Outpace talks about how the police do not really care bout the black man, and that no one is going to help them but themselves. They need to start looking out for each other instead of killing each other. He talks about how no one cares that drugs and guns are being brought Into the lives of African Americans everyday, and that when they die Its Just one less hungry mouth on the welfare. The second stanza starts off with l see no changes. All I see Is racist faces. This conveys the same thing I stated earlier. There are not many changes that have been made, and people are still Just as racist as they were.He also talks about how the charity of the people In Jail are blacks, but that Is because they keep doing the things that are putting them there. They have no other way to get money, so they resort to selling drugs. He realizes that this Is the reason African Americans are not succeeding but there Is nothing else they can do. At the end of the stanza he states this clearly when he says Well hey, well thats the way It Is. In the final stanza, Outpace finally tries to convey that changes really do need to be made. He says Its time for us a people to start making some changes.Lets change he way we eat, lets change the way we live He Is trying to tell the people of the African American community that there Is hope. The way that his people have been trying to survive has not been working, so he says You see the old way wasnt working so Its on us to towhead we goat do, to survive. He then talks about how he wants peace In the streets. He then calls for a war on poverty, Instead of on drugs. He lets the people know that If they do see a successful black man, they will be Jealous, but If they get that money the right way the cops will not be able to do anything about It.He ends the song by saying, as long as he Is black he Is going to stay strapped, which means that no matter what he does he Is going to have to protect himself In someway, because someone Is always going to be out to get him because of the color of his skin. How no one cares that drugs and guns are being brought into the lives of African Americans everyday, and that when they die its Just one less hungry mouth on the The second stanza starts off with l see no changes. All I see is racist faces. This majority of the people in Jail are blacks, but that is because they keep doing the sort to selling drugs. Song Analysis free essay sample Show Boat opened in 1927 at the Ziegfeld Theatre. It was composed by Jerome Kern and lyrics by Oscar Hammerstein. At this time on Broadway Show Boat was seen as a controversial play because of the topics regarding gambling, alcoholism, racism and marriage. It was also one of the first musicals that had both white and black actors on stage at once. This musical was very intriguing and had many unique aspects to it. For these reasons and many more the song that is going to be analyze is â€Å"Can’t Help Lovin’ Dat Man†. â€Å"Can’t Help Lovin’ Dat Man† is sung at three different times during Show Boat. This first time we here this song is in Act I, when Magnolia is telling Julie about this man that she just met and how she has never met anyone else like him and that she thinks she may be in love. We will write a custom essay sample on Song Analysis or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page This is the only scene where the song is performed in full, it is sung by Julie who accompanied by Queenie and Magnolia. The second time this song is performed is at the end of Act I when Magnolia and Ravenal are entering the church to get married and it is sung by the ensemble. The last time the song is performed is in Act II by Magnolia as her audition for a new job as a singer after Ravel leaves her. â€Å"Can’t Help Lovin’ Dat Man† delivered a significant contribution to the plot of Show Boat. When Julie is singing the song to Magnolia Queenie walks in and she states that she has only heard colour people singing this song and that it’s funny for Mrs. Julie to know it. After this comment is made Julie gets defensive saying of course she can sing the entire song and questioning what Queenie thinks is so funny about her knowing this song. Later in the play Julie is found to be half black and is forced to leave the Cotton Blossom. Julie knowing the words to a song that most people think only black people know is the first hint in the play that Julie is hiding something. The last time â€Å"Can’t Help Lovin’ Dat Man† is performed in Act II also contributes to a change in the plot. While Magnolia is singing this song for her auditioning Julie, who is currently the lead in the show, hears Magnolia singing the song. While Magnolia is performing Julie quits her job so that Magnolia will be hired to replace her. This new role becomes Magnolia’s big break and she starts on her path of becoming a famous actress. â€Å"Can’t Help Lovin’ Dat Man† is a powerful love song. It refers to love as a force of nature when it says â€Å"fish gotta swim, birds gotta fly, I gotta love one man till I die, Can’t help lovin’ dat man of mine†. This demonstrates how love is just meant to be and how you can not control who you fall in love. It also shows how even though the man may have some faults and isn’t perfect you still love him anyways, regardless of what other have to say about him, this is shown through these lyrics â€Å"tell me he’s lazy, tell me he’s slow, tell me I’m crazy (maybe I know), can’t help lovin’ dat man of mine†. â€Å"When he goes away, dat’s a rainy day, but when he come back dat day is fine, de sun will shine† her she is simply saying that when her man leaves she is sad and when he retruns she is happy again. However, this also can be related to when Ravenal leaves Magnolia after gambling away all of there money. When he leaves she is distraught and it seems that she is lost, but then at the very end of Act II Ravenal returns and she seems happier than she has the entire time he was gone. This small portion of the song was relevant to the majority of Act II. The main theme to the song is that you can not control who you fall in love with. â€Å"Can’t Help Lovin’ Dat Man† is an example of an â€Å"I am† song. The song is very mellow, and has a blues type harmony and a simple rhythm to it. The lyrics are also very catchy and memorable. There is significant range in regards to the tone of the song. In the beginning when Julie is singing her tone is high pitched but then when Joe comes in he’s sings in a low and deep tone. This is pleasing to the ear because it adds range to the music and makes it more interesting to listen to, as opposed to having a constant tone throughout the entire song. The mood of the song is cheerful, Julie is singing about the man she loves and she looks very joyous throughout. Close to the end up the song he ensemble joins in singing and everyone gets up and starts dancing creating a more upbeat tempo. â€Å"Can’t Help Lovin’ Dat Man† follows the AABA pattern for the refrain. If you refer to the chorus lyrics bellowed are labeled to show the AAB, CCB rhyme pattern, as well as composite rhyme, referring to the â€Å"got† in the first stanza, exact rhyme referring to â€Å"crazy† and â€Å"lazy† in the second stanza and consonance, referring to the multiple â€Å"L† in the second stanza. Fish got to swim, birds got to fly, I got to love one man till I die. Cant help lovin dat man of mine. Tell me hes lazy, tell me hes slow, Tell me Im crazy, (maybe I know). Cant help lovin dat man of mine. â€Å"Can’t Help Lovin’ Dat Man† is a romantic song that represents a woman who is so deeply in love with a man that she can overlook all of his flaws and still love him just as much. When analyzing this song one will find that it represents more than just a musical number in Show Boat. It foreshadows Julie being discovered as being partial black, and also that Ravenal will one day come back to Magnolia to make her happy again. This song also shows miscegenation. This was one of the first plays to have black’s and whites on stage together and this song does a perfect job and bringing both races together through music.

Starbucks Coffee Business

Starbucks Coffee Business Introduction Starbucks started its coffee outlets in 1971 at Seattle. The founders of the company included Jerry Baldwin, Zev Siegel, and Gordon Bowker. Howard Schultz joined Starbucks in 1982 as the heading of marketing and overseeing retail division (Thompson and Gamble, 1997). Schultz had a different vision for the company.Advertising We will write a custom essay sample on Starbucks Coffee Business specifically for you for only $16.05 $11/page Learn More He wanted to create a community of coffee consumers. Under Schultz’s leadership as the CEO and chief global strategist, Starbucks has become the world’s largest coffee retail outlet. It is gaining international presence in most emerging economies due to reorganization of the company’s business strategy since 1987. Starbucks has grown as the premier coffee retailer with happy employees, quality coffee products and satisfied customers. The report focuses on the Starbucks’ Global Quest 2006: Is the Best Yet to Come? in order to develop a strategic management proposal for the company’s board of directors. The proposal focuses on the future of the company through an economic assessment, marketing assessment plan, a financial plan, an organizational structure recommendation, and supporting rationale. An Economic Assessment Today, Starbucks is a strong company in the US and other regions as shown through its success. Hence, the company needs to expand to other emerging markets. This expansion would require understanding of economic factors in the coffee retail business. The coffee retailer would be able to seize opportunities in emerging economies early enough to make it a market leader. The BRIC countries would be critical for the Starbucks’ global growth in years ahead because of the large number of a growing middle class with disposable incomes. The expansion will ensure that Starbucks gets new customers, follows its global customers, and become s cost-effective in its operations. Although the company is already in some parts of the global market, it will have to consider economic factors as it expands into other BRIC countries because they could have both short-term and long-term effects on the Starbucks’ global quest. Specifically, Starbucks will evaluate inflation rates, tariffs, interest rates, monetary policies, economic growth, freedom of conducting business, and exchange rates.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More In addition, the company will also have to evaluate unemployment rates in foreign countries, qualified labor, and labor costs. Still, the company will have to focus on changes in political leadership of various countries because these changes in leadership may or may not encourage foreign investments due to rigid policies. Starbucks will evaluate entries into new markets. It shall have t o consider a Greenfield foreign direct investment or a strategic alliance. Foreign entries would be easier through strategic alliances rather than a Greenfield investment. In this regard, Starbucks would evaluate what other partners can bring to the business. Local firms already understand the local market, culture, and business activities than Starbucks. Starbucks will have to consider reputable firms in the coffee retail business, with good brand names, and firms that show strong relationships with coffee consumers. Starbucks will also have to review its position in the global retail coffee market and available opportunities. The global expansion presents significant opportunities for the company in terms of revenue growth and customer retention. Starbucks can take the advantage of the growing middle class and create communities of coffee consumers around the globe. The BRIC countries also have growing populations with large numbers of coffee consumers. On this note, it must focus on India and Brazil. However, Starbucks must account for consumers’ preferences in these countries. The international coffee prices have risen considerably. This has attracted other big brands like McDonald’s into the retail coffee business. Starbucks must face fierce future competitions and fluctuating coffee supplies in the global markets. Any interruption could have negative impacts on the brand’s name. In other words, the company must have reliable suppliers in order to cater for its globe strategies and a huge number of coffee consumers. The study shows that the Asian market is growing rapidly, particularly China. Starbucks must focus on expanding its outlets to other areas within China. This shows that economic elements favor the company’s growth strategies.Advertising We will write a custom essay sample on Starbucks Coffee Business specifically for you for only $16.05 $11/page Learn More Although Starbuck is likely to fac e competitions in the future, effective global strategies will ensure that the company maintains its leadership position in new markets. Starbucks would achieve competitive advantages through its expertise, employees, and product positioning strategies. Conversely, Starbucks must note that international markets could be repulsive against high prices. On this note, the company will have to review its premium coffee prices in order to meet the prevailing economic conditions of various countries. The quest for a global strategy also involves considerable costs. The company will have to evaluate whether it is cost-effective to venture into some globe markets. It will also review entry requirements and any factors that could hinder its smooth operations. A Marketing Assessment Plan From the Starbucks’ global quest, the growth has been impressive. The company’s goal would be to maintain its image in all markets in which it shall operate. Starbucks has recognized that it has a huge growth potential in oversea markets. For this reason, the company should accelerate growth, promote its brand, maintain its global leadership position, and become a globally respected brand. The company must formulate new growth strategies and a marketing plan for the global market. Starbucks must look for strategies that would allow it to continue to explore new opportunities in foreign markets. For instance, it can acquire small coffee shops in foreign countries and develop its brand. This strategy may help the company to avoid negative publicity or total rejection as witnessed in Primrose Hill, London (Kotha and Glassman, 2003). The market analysis shows that Starbucks commands a large share of the market. Coffee retail business is likely to improve globally, and this presents a good opportunity for the company to grow too. The growth may even be resilient to changes in economic situations like recession. The company must continue to provide great services to its consumers in order to maintain them and attract new ones.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Starbucks will have to consider new products to cater for consumers who do not prefer dark roasted coffee. This would increase its customer base and revenue growths. However, this process requires a thorough market study. In the global quest, the company must maintain the design of its coffee outlets and its brand in order to provide consumers with the same environment available in the US. The quest for the global market will require the company to differentiate its market. Marketing segmentation would ensure that Starbucks has different products for various coffee consumers. Marketing segmentation would ensure that the company caters for low-income earners, students, and other consumers who may not be able to afford premium coffee. This is a strategic marketing strategy in new markets, which would ensure that Starbucks draw new consumers from various segments of the market. The company will formulate new target market strategies in new locations. Starbucks must never forget that it will expand into emerging economies in which high prices may not attract its target consumers. The company will have to review its prices downwards in order to accommodate these segments. Many consumers would like to have premium coffee, but high prices have been major hindrances. The company should diversify with regard to locations in order to accommodate majorities. Emerging markets have discerning coffee consumers, who may prefer good coffee but do not go for premium coffee due to pricing. Starbucks will conduct a constant industry analysis in order to determine the rate of growth, competitions, and changes in external conditions. From the study, the coffee industry has grown steadily as global sales and revenues rise. The company must study the international patterns of coffee consumption in various locations in which it intends to run new outlets. Although Starbucks holds the leading position in the retail coffee market, the company must understand impacts of competition on i ts business growths. It must understand the fraction of the market segment that buys from its competitors. In new markets, Starbucks will outdo the small local brands. Although they present competition challenges, small local coffee outlets shall retain a small share of the market because small brands in foreign markets do not present biggest threats to Starbucks. The case study shows that Starbucks has been able to establish close and intimate relationships with its customers. The company has been able to experience such a growth because of its employees, who have established close relationships with customers. Starbucks believes that happy employees lead to happy customers, increased revenues, and growth. In this regard, the company should focus on quality coffee and services and implement favorable employment policies in all its global market outlets. The company believes that happy employees are critical for its success and competitive advantages. Therefore, the company must con tinuously review its employment practices and improve them if necessary. This is a culture of empowering employees in order to ensure that they are productive. Starbucks employees in other parts of the world will have to receive generous compensations, training, and employee stock ownership just like others in the US. The company will also focus on multiple channels of product distribution. In other words, Starbucks must rise above its stand-alone retail outlets and offer new areas of distributing coffee to its consumers. Hence, it must consider other popular spots like supermarkets, airports, banks, and office buildings among others. The company will have to seek for strategic partnerships with service providers, suppliers, grocery stores, airlines, and other firms, which can distribute coffee to consumers throughout their designated areas. The company will also improve its corporate social responsibilities, particularly in areas in which it sources its coffee. This is important fo r reducing the notion that Starbucks pays poorly to farmers (Kotha and Glassman, 2003). It will improve the focus on environments, workers’ welfare, and children’s rights. Any controversies about the company’s interactions with these critical parts of the supply chain could damage its global reputation. For instance, there should be no negative publicity that the company exploits farmers while making huge profits from the same coffee. On this note, the company must improve its public relations and manage bad publicity, particularly by paying attention to the media. The company will have to focus on the use of technology to retain its customers. In the future, many consumers will use technologies and social media for interacting and conducting online purchases. Online platforms will drive customers’ feedback and by extension customer service. They will be able to post and criticize the company openly. The company will have to integrate effective online pla tforms and loyalty programs to drive customers to its outlets. Online platforms will also act as distribution channels for Starbucks. In addition, these are also strategies for improving customer loyalty, growing the brand, providing excellent values, and customer convenience. They also result in increased revenues and profits for shareholders. Technology will be a differentiating tool for Starbucks. The social media, mobile apps, loyal cards, and e-gift cards will differentiate the company and drive the global growth for Starbucks (Starbucks Unveils Accelerated Global Growth Plans, 2012). On the same note, Starbucks will use technologies to enhance efficiency in product delivery and develop quality products. It will invest in advanced coffee equipment. These are coffee machines with precise technologies to maximize the coffee flavor at an ideal temperature during preparation. Technologies will create competitive advantages for Starbucks because not many competitors will have the fi nancial strength required to acquire such equipment. They will enhance product management and operational details of the company. A Financial Plan Today, Starbucks’ business and financial activities are healthy. This gives the company an opportunity and a better position to execute its global strategies. The company generates enough revenues and profits, which can support its growth plan in all continents. This would make the company one of the most successful coffee retails globally. Table 1: Income Statement (2009-2012) – these growths over the years indicate that the best is yet to come for Starbucks 2012 2011 2010 2009 Period End Date 09/30/2012 10/02/2011 10/03/2010 09/27/2009 Stmt Source N/A 10-K 10-K 10-K Stmt Source Date 09/30/2012 11/16/2012 11/16/2012 11/22/2010 Stmt Update Type Original Updated Updated Updated Currency Code USD USD USD USD Â   Total Revenue 13,299.5 11,700.4 10,707.4 9,774.6 Â   Cost of Revenue 5, 813.3 4,915.5 4,416.5 4,324.9 Gross Profit 7,486.2 6,784.9 6,290.9 5,449.7 Â   Selling, General and Administrative 4,719.3 4,344.2 4,176.5 3,878.1 Depreciation, Amortization and Depletion 550.3 523.3 510.4 534.7 Special Income/Charges 0.0 0.0 53.0 332.4 Other Operating Expenses 429.9 392.8 279.7 264.4 Operating Expenses 5,699.5 5,260.3 5,019.6 5,009.6 Â   Operating Income 1,997.4 1,728.5 1,419.4 562.0 Â   Net Interest Income -32.7 -33.3 -32.7 -2.1 Other Income/Expense, Net 94.4 115.9 50.3 0.0 Pretax Income 2,059.1 1,811.1 1,437.0 559.9 Â   Provision for Income Tax 674.4 563.1 488.7 168.4 Minority Interest 0.9 2.3 2.7 0.7 Net Income 1,383.8 1,245.7 945.6 390.8 Â   Dividend Per Share 0.68 0.52 0.23 0.00 Tax Rate 0.327522 0.310916 0.340084 0.301144 Â   Basic EPS 1.83 1.66 1.27 0.53 Diluted EPS 1.79 1.62 1.24 0.52 (Starbucks Corporation, 2013) Starbucks will expand globally in order to succeed and grow its balance sheet, revenues, and profits. However, this process will bring about many issues, specifically financial. Starbucks will have to focus on global budgeting, forecasting, planning, and reporting. In addition, the company will also have to conduct financial risk assessment and promote global accountability (Castellina and Jan, 2012). The company will conduct workforce planning, maintain profit and loss accounts, balance sheet, and financial planning in different systems. Moreover, it will have to set global sales targets. However, these financial details may present challenges because of their fragmented nature. They are likely to increase operational costs, maintenance costs, and compliance costs. These are internal issues. On the other hand, Starbucks will also have to deal with fierce competitions from coffee retails in foreign markets and others at home. These competitions will also exert financial pressure on the company. Starbucks will not rely on the traditional annual budget alone. Instead, it will be flexible and track daily sales to quarterly sales in order to understand financial growths in foreign countries. This may also require a knowledgeable financial team and efficient financial tools. Starbucks will also meet many, global statutory requirements, including employees’ welfare and benefits, GAAP, and IFRS. This implies that the company will need to integrate all its financial activities at various levels and consolidate financial reports for reporting. In short, Starbucks will invest in financial tools, which would streamline financial management and reporting in order to improve efficiency. An Organizational Structure Recommendation The complex nature of global operations may require slightly different organizational structure. Figure 1: Proposed Starbucks global organizational structure This is a Starbuck’s basic structure of managing home and global operations. The company’s senior managers and executives will control all operations from the head office at Seattle, Washington. The district managers will be responsible for domestic operations in their designated states or areas. As the company expands to different continents, it will introduce regional managers or presidents to oversee operations across different continents or regions. Regional presidents and district managers will report directly to senior executives at Seattle. The store managers may take the role of the outlet chiefs, and they work alongside shift supervisors. Shift supervisors may also assume the role of chiefs in their absence. Starbucks has other employees below the supervisors, who will be responsible for running daily operations of the company. These are baristas. The company also has licensed stores, which would be strategic areas like bookshops, airports, grocery stores, and in locations where Starbucks may not be available. Starbucks will still control all licensed stores and other distributors. Moreover, they must maintain all Starbucks’ standards and stringent company’s guidelines. Starbucks must approve all their products. This is critical for protecting the Starbucks’ brand globally. Starbucks considers all employees who work in retail outlets as partners. The company believes that this is an integration process for all employees into the system irrespective of their role or title in the company. Partners are responsible for repeat business, happy customers, excellent services, products, and other activities that involve contact with customers. Supporting Rationale Since Howard Schultz took over Starbucks, it was clear that the company would grow significantly. However, it was not until 1990s when industry observers noted that the company was expanding rapidly. The company focused on domestic expansions within a specific period. Starbucks aimed to be the most recognized coffee retailer in the world. As a result, the company has achieved global recog nition and established itself as the most respected coffee brand. Today, the company has expanded its operations to several continents with many retail outlets. Financially, the company can achieve global expansion because it has the capital for strategic partnership, joint ventures, or as a sole investor. Management has focused on improving the ways in which the company does business globally. As a result, Starbucks has increased its presence in most of the emerging economies. Financial statements indicate that the company is still profitable despite widespread investments in new ventures. Strategic alliances and licensed stores have facilitated the company’s growth and profitability. From the analysis of economic factors, the industry is favorable and most foreign countries encourage foreign investors. This presents good opportunities for Starbucks’ global expansion strategies. The company’s marketing plan recognizes critical areas for its global expansion. It has premium products. However, Starbucks has learned to adjust prices to fit emerging economies where high prices may hinder acquisition of new customers. The market mix has worked for Starbucks while the focus on technologies has improved customer services and operations. Starbucks controls the largest market share in the coffee retail business. Hence, competition may not be a major hindrance to expansion and profitability. Schultz believes that the company must strive for the best in order to develop and maintain the global brand, take meaningful risks, and establish new market segments. From such risks, the company has developed elegant coffee outlets, developed better rewards, and compensation for employees and improved customer satisfaction. Starbucks has provided a new line of products in order to create new experiences for customer and attract potential coffee consumers. Such new products have resulted in new coffee products, which have attracted customers who were not coffe e consumers. Starbucks continues to search for new strategies for the global expansion in order to establish its coffee brand as the most recognized and respected globally. References Castellina, N., and Jan, W. (2012). Effective Financial Management for International Expansion. Retrieved from prophix.com/common/pdf/whitepapers/aberdeen-effective-fin-mgmt- for-international-expan.pdf Kotha, S., and Glassman, D. (2003). Starbucks Corporation: Competing in a Global Market. Retrieved from http://faculty.bschool.washington.edu/skotha/website/cases%20pdf/starbucks_Int l%20copy.pdf Starbucks Corporation. (2013). Retrieved from http://investing.money.msn.com/investments/stock-income- statement/?symbol=SBUX Starbucks Unveils Accelerated Global Growth Plans. (2012). Retrieved from http://finchannel.com/Main_News/Business/120790_Starbucks_Unveils_Accelera ted_Global_Growth_Plans_/ Thompson, A., and Gamble, J. (1997). Starbucks Corporation. Retrieved from mhhe.com/business/management/thompson/ 11e/case/starbucks- 2.html