“New Harvest Coffee Roasters"
Provide
examples of the four factors of production that New Harvest uses that
contribute to a successful operation.
There
are four main factors of production that an economic system needs for a
successful operations and they are natural resources, capital, human resources
and entrepreneurship. I believe that Kleinfeldt has considered all these four
factors in the new harvest coffee roaster business as follows.
Natural resource:
In
order to keep consumers happy and satisfied about the place and always have the
best taste of coffee drinks, the company locally grows, produces foods, roast
and harvest coffee beans and as well as connect and have farmers know that the
company depends on them for a livelihood which is sustainable. (Organically grown coffee)
Capital:
The
company improves its products and applies the highest standards of excellence,
purchases the best technology for roasting, organic and fresh delivery of
coffee. In order to accomplish this mission the company also uses the media as
a tool. (Social media)
Human resources:
The
company provides the best customer service through well -trained workers and
enthusiastically satisfies customers all the time. They share and communicate
activities comments and news with consumers, retailers and coffee shops via
positive media. They also have the growers to help provide the best natural
products. (Growers, farmers)
Entrepreneurship:
The
company takes risk in order to be recognized profitable and successful, therefore
they find a good demanding market, invest and develop coffee business (New Harvest Coffee Roasters). and at the same time consider to do business through
corporation of social responsibilities. ( New
Harvest Coffee Roasters).
Critique how environmental sustainability aligns with the
social and ethical responsibilities of New Harvest Coffee Roasters and how the
company can demonstrate its commitment
As
commitment to great governance, decision making, ethical conduct and social
responsibilities are the fundamentals and core for doing a business therefore
the company seems committed to all of them. To be committed to all those, the
company strongly aligns to develop and increase share holders value, attract
and retain partners, keep loyal customers, strengthen the supply chain of
command via production of social, environmental and economic benefits to the
community in which they operate.
Author:M. Azim Ulfati
Author:M. Azim Ulfati
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