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Essay about internship programmes
Essay about internship programmes
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CHAPTER 1 INTRODUCTION 1.1 Introduction About the Internship As per the Master of Business Administration course structure of Visvesvaraya Technological University (VTU) Belagavi each student has to undergo an Internship Training in the 4th semester of their course for period of 12 weeks under the mentorship of an external guide in a reputed company. At the end of internship period, the student has to submit the internship report to the VTU, Belagavi. This period will be evaluated internally and externally. This internship period is an initiative to bridge to the knowledge and application. This will provide an opportunity to apply their theoretical knowledge in to practical. By working with organization employees, we will come to know the organizational culture, behavior, etc. theoretical knowledge which is gained in the class room becomes the base for all …show more content…
The major strategies used are consolidation of processes, and enhancement of brand image through corporate social responsibility. Cocoa is the main raw material for chocolate production and has no other substitute. Moreover, it can only be grown within 10 degrees (latitudes) of the equator. Due to this constraint, global production of cocoa is highly concentrated in West African countries such as Ghana, d'Ivoire, and Nigeria, Namibia, Zimbabwe etc. . The cocoa fruit is harvested twice a year in the form of a main crop and an intermediary crop (also termed as mid-crop). The main crop is larger than the mid-crop though the relative size varies according to the country where it is produced. Emulsifiers are basically used in food and pharmaceutical applications. The global emulsifier chocolate market was valued at around $5 billion in 2010. Lecithin has the highest share of around 30% of the global emulsifiers
During Valentine’s week alone, millions of pounds of chocolate candies alone are sold (“Who consumes the most chocolate,” 2012, para 8). This naturally creates a demand for product, which in turns causes a need for ingredients. The main component in chocolate, of course, is cocoa. Since Côte d’Ivoire provides 40 percent of the world’s supply of this crucial ingredient (Losch, 2002, p. 206), it merits investigation i...
Market research and information about the industry is very important to the organization because it will allow the organization to position itself well in terms of sourcing chocolate raw materials and in identifying the market for its products. For example, understanding that some chocolate product purchases are seasonal, e.g., at Christmas; around Mother’s Day; and, on Valentine’s Day, allows the organization to have more product on hand and to create displays, in store, that will increase purchases and attract more customers when existing customers tell their friends about the availability of high end products, at reasonable prices, in their store.
During the time frame of 1450-1750, the Columbian Exchange was at its height of power and influence. Many products were introduced from foreign lands, like animals such as cattle, chickens, and horse, and agriculture such as potatoes, bananas, and avocados. Diseases also became widespread and persisted to distant lands where it wreaked devastation upon the non-immunized people. One such influential product during this time period was the cacao, or more commonly known as chocolate. First discovered and used in the Americas, cacao beans quickly traveled to and became a popular treat in European lands. It was valuable in the New World and even used as a currency by the Aztecs. Only the rich and privileged were allowed to purchase the valuable item in the beginning. Cacao was even used in religious ceremonies by the native people. When it moved to Europe and other lands, it also created a lot of stir. The cacao plant had quite a large impact upon the Columbian Exchange.
Chocolate companies changed from minimal production to massive manufacturing. Thus, targeting different market segments that weren’t possible to reach due to the high cost of the good. The market was able to shift because of the industrialization process that includes several innovations, such as van Houten’s process, this allowed a broad production and distribution of chocolate that spread around the globe.
The recent product, liquor filled chocolates is a viable business that can sell if it is implemented professionally. This recent innovation should be able to acquire attention from the market owing to its combination of selling products. Put simply, the liquor-filled chocolates are chocolates that contain alcohol. According to Novellino (2011), Chocolate-candy sales summed up to $16 billion in 2008 in the U.S. Furthermore, the statistics on alcohol reveals that liquor sales hit $19.9 billion in 2011. What does the statistics reveal about the product? This reveals that the market for the two products is present and combining them will result in a profitable business. This paper is a report on targeting and segmenting the new liquor filled chocolates as a potential business.
The cacao bean (cocoa bean) is a commodity that comes from the cacao tree (Theobroma cacao – the food of the gods), an evergreen tree that begins to bear when it is 4-5 years old. The tree can grow up to approximately 50 feet in the wild although cocoa trees on plantations are kept between 15-25 feet tall because they are typically grown under a canopy of taller trees, which makes harvesting easier in addition to protecting them from strong winds. Of the thousands of tiny pink or white flowers that grow on a single tree less than 10% grow into mature fruit. The cacao pods grow directly from the trunk and major branches of the trees. A cacao pod will begin to ripen 5-6 months after it flowers. The cacao fruit is shaped similar to and elongated football and can grow up to 11 inches long and 5 inches wide. The average weight of a ripe cocoa pod is slightly less than 1 pound can vary in color from yellow, green, to dark brown. Once a cocoa tree has reach maturity it is capable of producing 20 pods in a span of a year, each pod containing 20-60 beans that is surrounded by a white pulp called mucilage. Each tree is capable of producing enough beans to make close to 2.5 pounds of chocolate per year.
Central Idea: Explain how cocoa beans are processed to produce the chocolate we all know and love
Chocolate is something that is cherished and known by everyone. There’s nothing better than enjoying a chocolate chip cookie or even just a chocolate bar after a long day. But a question remains: how is this amazing treat created? The answer is fermentation. Fermentation is a huge step in the process of creating chocolate. Without it, chocolate wouldn’t have its distinct flavor. In the paper below, we’ll take a look at how the fermentation process is initiated, what happens during the fermentation process, and how the cocoa beans are further prepared for consumption.
Chocolate is a sweet food preparation made of cacao seeds in various forms and flavors. It has large application in the food industry and can be consumed either as a final product or as a flavoring ingredient for a great variety of sweet foods. Its primary ingredient – cacao, is cultivated by many cultures in Mexico and Central America as well as in some countries in West Africa, such as Cote d’Ivoire.
My academic knowledge do sufficient for the internship. Thanks to what teachers have taught me and what I’ve learned, I’m not too awkward for the works. However, There are some knowledges I need to improve myself during the time. I have to be more flexible in calculating and checking purchase invoices. Sometimes, I check them based on the certain formula without fully understand them. Therefore, learning more about those kind of invoices and how they work can help me in the future.
This means that each party can make choices. However in chocolate manufacturing one of the parties is often a large multi million dollar corporation and the other is a small farming company. Concern about the impact of this on small primary producers in developing countries lead to the Fairtrade agreement which Cadburys is a part of. By signing up to the Fairtrade agreement Cadburys agree to buy cocoa at a certain value. Last year Cadburys sold over 7 million chocolate products made with Fair Trade cocoa and this supported 65,000 jobs in
Cocoa production is predicted of getting shortage of supply in 2020 (Nelson, 2017). The famous chocolate drink that Malaysian drink daily, Milo contains cocoa. Other than Milo, Koko Krunch, Nestle Crunch Wafer, KitKat are also mainly made from cocoa. Nestle as a company which largely depends on cocoa bean for its products, will become one of the victim of this cocoa supply risk. The biggest cocoa producer in the world, Ivory Coast, is facing the problem of diseases infected in cocoa plant, frequent rain, and buyers forcing producers to sell cocoa at very low price (The Guardian, 2014). In Malaysia and Indonesia, cocoa plantations are threatened by a tiny moth named as cocoa pod borer which eat the seed (Nelson, 2017).. These pests has cost cocoa
The material presented in this report will start off with tasks for each academic year, starting with sophomore year. During the senior year the key points will be narrowed down in detail for the summer, fall, and spring semesters. The second topic will be important steps toward earning internships. The third will involve tips for acquiring the letters of reference, followed by directions regarding length and content requirements for the personal statement letter.
Cocoa plantation needs a healthy and vigorous tree because their life span is more than 25 years in producing pods. The infected cocoa trees by diseases will be partly or entirely weakening, thus unproductive and dead eventually. This will result the decrease in crop production due to loss in tree stand per hectare (Azmi; 2003).
ability to establish a professional work ethos as well as developing skills needed to maintain a work life balance. Through all the experiences gained from this internship, it has provided skills such as multitasking in a fast paced office setting, keen organizational skills, and improvement on communicating in a professional workplace as well as the ability to handle situations as they arise.