Art Exhibition - What Lies Beyond Essay Example | Topics and Well Written Essays - 250 words

Art Exhibition - What Lies Beyond - Essay Example The annual art exhibition allows children to experience the beauty that lies beyond our world. By participating in this exhibition, learners will be able to broaden their scope of thinking and be more attentive to the daily occurrences in the world. In addition to this, they are able to integrate what they experience from their friend s who may be from different ethnic groups. It is also a way of inculcating an imaginative nature into their developing minds. It is important as a teacher to encourage originality and creativity. Most of these children have wide imagination, most of which is derived from watching cartoons every day. With this kind of perceptions the learners are able to draw various cultural examples in terms of religion, ethnicity, art, political and economic backgrounds into realizing what lies beyond. Therefore children such as those of K-3 can use the themes they see every day on television and come up with cultural findings. Due to their age, the teacher can inspire their imagination by encouraging personal right ups and diagrammatic representations that represents what lies

THe Role of Women in the World Essay Example for Free

THe Role of Women in the World Essay The development of a country is very dependent on the roles and freedom that women receive. The gender role do vary geographically between More Developed countries (MDCs) and less developed countries(LDC’s). In less developed countries women take on lower roles, and lower stand in the social class. But geographically, in MDCs women have power and can have higher jobs. This gap is the piece that need to be studied to fully comprehend the changing of the role between the men and the women. One way the role of women is changing through the world is the women are gaining empowerment. Because of this, they are starting to hold high respectable jobs. This empowerment is a huge change because instead of women doing minuscule jobs as done before, the women are in office and leading countries. This is change because originally the men held these jobs. Because countries are developing and as countries developed thee status of women increases, the change can over all be described as countries becoming more developed. Over all in the world, the trend is found when countries allow the women rights, there country develops. Another way how the role of women is changing is women are now starting to become more educated. Read more:Â  Women Role in Modern Society This is a big role change because women have always had very few people of their gender in school. This is primarily because of their role has been to work at home and take care of all the minuscule jobs around the house. As their country develops, the role has changed and now they can obtain an education and have more freedom. One example of a less developed countries stats of men to women in school is In Arab states, they have 73 males but only 51 females. This shows that as countries develop they will have more equality between men and women in schools. There role of women has changed dramatically. The world trend for the development of a country is characterized by how women are treated and their roles in society. Gender related Development index is another tool used to explain that the roles are changing. This index compiles of economic indications of gender differences, social indications of gender difference, and demography indication of genetic differences, This index shows how the role has changed because this directly corresponds to woman empowerment. This empowerment allows women to get educated rather than do mine minuscular jobs, and to take office or to undertake the jobs that men once only had.

Hyperinflation in Germany during the Early 1920s Essay -- Argumentati

Hyperinflation in Germany during the Early 1920's Imagine that after a lifelong of hard work and saving, you find that your lifesavings will not buy more than one cup of coffee. For a majority of the middle class living in Germany during the early 1920’s this was precisely their experience. Of course, not all suffered during this period of hyperinflation. Those who owed money encouraged their government’s expansionary monetary policies, knowing the resulting inflation would effectively cancel their debt. In fact, it was the Reich itself who had the most to gain from inflation, for it was the biggest debtor of them all. In this paper I will show that the German Government did have other options to finance its expenditures aside from simply printing money, but instead decided to implement inflation-causing policies to finance its own debt. I am not saying that the German Government is entirely responsible for the large extent of the inflation, but it certainly did start the ball rolling. Generally, once inflation starts, it is very hard to stop. It is like a domino effect that continues at faster and faster rates. The German Government should have thought of the future consequences and reversed its inflationary policies immediately after the war ended, as the other belligerent countries did. It is true that none of the other countries fared well during this interwar period, but at least citizens of other countries didn’t find their lifesavings to be utterly worthless. The inflation problem actually began at the beginning of World War I. It was then that the German Government started to accumulate debt and to increase the money supply. Because they thought they would win the war and intended to force the... ...e birth of the Euro), a main priority for the German Central Bank had been to keep inflation to a minimum. Works Cited: 1) Bartlet, Bruce. â€Å"The Great German Inflation.† Liberty Haven. 1975. http://www.libertyhaven.com/countriesandregions/germany/greatgermaninf.html (3 Dec 2002). 2) Goodman, George. â€Å"The German Hyperinflation, 1923.† Commanding Heights. 1981. http://www.newshour.org/wgbh/commandingheights/shared/minitext/ess_germanhyp erinflation.html (3 Dec 2002). 3) Hardach, Karl. The Political Economy of Germany in the Twentieth Century. Los Angeles: University of California Press, 1980. (16-29) 4) Sommariva, Andrea. German Macroeconomic History, 1880-1979. New York: St. Martin’s Press, 1987. (121-135) 5) Stolper, Gustav. The German Economy: 1870 to the Present. New York: Harcourt, Brace & World Inc., 1967. (74-93)

A Midsummer Nights Dream by William Shakespeare Essay -- Papers

A Midsummer Night's Dream by William Shakespeare In the second scene that completes Act I, we are introduced to an extraordinary group of familiar but outlandish comical characters that have been enlightened with the possibility of performing a stage interlude as part of the entertainment at the quick approaching marriage of Theseus and Hippolyta. ====================================================================== The Mechanicals are not only thought of as the 'rude mechanicals', they are also thought of as sweet and gentle folk who have had no promoting purpose in their lives until now. ================================================================== Peter Quince play as one of the mechanicals as the Playwright for the amateurs. We are able to tell that he is more experienced in writing as Shakespeare makes him present his prologue which is a masterpiece of writing deliberately ruined to give the play a comical beginning. Shakespeare does this by making Quince seem like a very smart man, the smartest out of the mechanicals and we know this because he is directing the play and not actually featuring it. This shows us the audience that he has a shy character although he seems very excited and open towards the beginning of the play when actually he seems to have Stage fright. ====================================================================== Nick Bottom the Weaver seems however to be very enthusiastic and wants to play all the roles, furthermore he always tends to overact which annoys Peter Quince but ends up acting the part of Pyramus in the Act 5 Scene 1. ==========================================... ...; my soul is in the sky: Tongue, lose thy light! Moon, take thy flight! Now die, die, die, die, die. At the end of the play both Bottom and Flute get up from where they are lying, supposedly dead, and offer to perform an epilogue or a bergamask (a type of dance). Theseus quickly intervenes and tells them they need no epilogue, but rather should only perform the dance, which they do and Puck ends the play. Overall the play within a play is an exciting look into the life of the mechanicals and has a definite dramatic effect on both audience's because of its charm and amusing effects, which too me would have made the audience applause, thus making it a good way to finish the play. This is because it helps break the illusion of the theatre and helps to bring us back down to earth, to the day of the wedding.

Comparison Between International Law and National Law

Compare and contrast the strengths and weaknesses of national and international law. To what extent can they be said to be similar or different? Introduction The world has witnessed the development of law since times immemorial in response to growing interaction among the individuals resulting in a need for a framework to regulate their interactions in the territories they live in. Similarly, ever since the interaction between the states has increased, the evolution of International Law has evolved accordingly side by side the National Law regulating the relations among the states.The growing role of both National Law and International Law in their respective spheres and in intersecting spheres has given rise to a debate over their relation to each other. International Law: International Law is the law that governs the relations among states and other international legal persons, and regulates relations between states. The sources of International Law are customs grown up among state s and lawmaking treaties concluded by them.There is no â€Å"black or white† answer, the most agreed upon common ground for the description of sources is found, although not exhaustively, in article 38 of the Statute of the International Court of Justice. Stating that treaties are the main source, then come customs, after those general principles of law recognized by civilized countries, and finally judicial decisions and teachings of the most highly qualifies publicist of the various nations. National law: National law is the law of a state, which governs the domestic affairs of the state.The sources of Municipal Law are customs grown up within the boundaries of the state concerned and statutes enacted by the law giving authority. Municipal Law regulates relations between the individuals under the sway of a state and the relations between the state and the individual. Strengths and Weaknesses of International Law and National Law: 1. National law is conditioned by the fundam ental principle or rule that state legislation has to be obeyed, while International Law is conditioned by the principle â€Å"pacta sunt servanda† i. . agreements between states are to be respected—which leaves International Law helpless as to the implementation of its rules and regulations over the states in the absence of any enforcing body vis-a-vis National Law which has the state apparatus at its disposal for its implementation in the form of legislature, executive, and judiciary. Moreover, each nation can opt out of international treaties if it deems that it is not in line with its national interest, which exposes the major weakness of International Law. 2.International Law is slow to adapt to the changes that are taking place in the world and even slower to absorb changes and encompass them into its existing framework. To add to its problems, the states act individually in accepting any changes in its framework and have the option of not complying with the law if they do not agree to do so. Whereas the national law keeps on improving in response to the changing requirement of the society thus it is in sync with the cultural, economic, and political developments of the states. 3.The technological advancement and globalization have spawned new problems beyond the capacity of National Law to be solved such as the regulation of outer space, the division of the deep sea ground, the protection of human rights, anti-terrorist actions, the control of international finance system, the prevention of global warming etc. These issues have increased the relevance and importance of International Law in the contemporary world due to its wide range of jurisdiction as compared to the limited jurisdiction of National Law. 4.Question of priority: Scholars belonging to Dualist point of view assert that the two laws are not to supersede, but to coordinate with each other; therefore, there is no conflict between the two. If a case in which conflict arises betw een International Law and municipal law before an International Tribunal, the practice is to prefer the International Law over the municipal law. Where conflict arises in a case before a municipal Court (except where the state has adopted the International Law to supersede, by constitution or law), the national law is preferred. 5. Where does primacy reside: in International Law or in national law.If International Law has drawn its validity only from state constitution, it would necessarily cease its validity when authority rested upon disappears. But valid operation of International Law does not invalidate its importance and regard. For example, after Belgium became independent state, treaties had not lost their force despite internal constitutional changes. The International Law also asserts its supremacy when new states enter in international society and International Law binds them without their consents. Every state is duty bound to bring not only its laws but also its constitu tion in accordance with International Law. . In states, the practice as to apply International Law by municipal courts is different from each other. Some states have interpreted in their constitution to apply International Law and therefore, their courts are bound to apply International Law such as Germany, Korea, USA, etc. But in most states, the courts apply International Law conditioned upon the precedence and the practices of the state. Similarities Scholars belonging to the Monist view consider both the laws as a single unity composed of binding legal rules whether those rules are obligatory on states, on individuals, and on entities other than states.If it is generally accepted that International Law is a true law then there is no doubt to deny that the two systems constitute part of that unity. In the view of Kelson and other monist writers, there cannot be any escape from the position that the two systems, because they are both systems of legal rules, are interrelated parts of one legal structure. It is the duty of state to enforce the International Law as the state law in its jurisdiction. Just as National Law aims at building and maintaining an orderly society within a state, International Law aims at maintaining a peaceful stability of the global community.Differences There are two basic differences between the two systems: 1. Subject of law: In national law subjects are individuals whereas states are solely and exclusively subjects of International Law. 2. Juridical origin: In state, source of law is will of the individuals for which they are concerned while in international law source of law is common will of the states concerned. Thus this provides a base to the Positivist scholars to claim that the two systems are entirely different.National law mainly is based on judge made law and the statutes passed by legislature whereas International Law is comprised of the customary rules and treaties among the states. Malcolm Shaw delineates this differen ce by describing the legal apparatus of law as having a legal order enunciating that laws are created by a recognized legislating body, there is a hierarchical system of courts which sees to their enforcement, and there is an overarching executive governing entity above all citizens.This makes national law inherently hierarchical, and the organization of authority vertical. As for international law, it does not operate within the same legal order. It is not always created by a unique legislative body (although the UN General Assembly may create nonbinding multilateral agreements), nor tried in a unified judicial body with the power to apply legally binding sentences (even if there is the International Court of Justice and many other international courts), neither applied by an overarching international executive body.Additionally, it has no unified system of sanctions, other than the existence of certain circumstances in which the use of force is regarded as justified and legal (cha pter VII of the UN Charter). Reinforcing this point, Article 2 of the UN Charter states: The Organization is based on the principle of sovereign equality of all its Members, which means that there is no overarching authority recognized over them. The fact that all states are theoretically equal, makes the international system horizontal, as opposed to the vertical one of the national level.In this sense, if there is no overarching international authority to impose international law. Every state must give its consent in order to be bound by it. By doing so, a consenting state lets the international community know that it will follow the principles and directives of that law. Contrary to this, citizens are automatically bound by domestic law. No citizen needs to let other citizens know he will follow the rules. Conclusion: Each and every system is supreme in its own field and neither has dominance over the other. Arguments offered just provide a background to the complex relations bet ween the two systems.Three factors operate on the subject matter: Firstly, to what extent state organs are willing to apply rules of International Law internally and externally. Secondly, the difficulty of proving the existence of particular rules of International Law. In case of difficulty municipal courts may rely on advice from the executive or existing internal precedents, and the result may not be in accordance with an object appreciation of the law. Thirdly, courts, both municipal and international, will often be concerned with the more technical question as to which is the appropriate system to apply to particular issues arising.

Free Essays on Compare And Contrast

Comparing and Contrasting In Brother Grimm’s â€Å"Godfather Death,† and John Updike’s â€Å"A&P,† we see many similarities and many differences. Both authors know how to intrigue the mind of the reader by introducing different plots, setting, characters, theme, and points of views throughout the story. First I shall start off talking about the plots, characters, and setting of each story. There are multiple plots that take place in both stories. In â€Å"Godfather Death,† one of many plots that took place was when a poor man could not afford to raise his thirteenth child and therefore he looks for a godfather to take the responsibilities and finally selects Death because Death promises the poor man to make the child rich and famous. He chose death because, the poor man had to work day and night just to give them bread (Grimm’s 8). It was basically because of poverty that he had made the decision. He also chose Death because death treats everyone equally. He takes from the rich and the poor (Grimm’s 9). The next plot takes place when the child grows up, and Death shows him the secret of the herb. The godson indeed uses the herb to become a rich and famous doctor, but Death only allows the godson to use the herb with his permission. Death fulfilled his promi se to the poor man because he had already made the young man into a famous doctor. The next plot was when the king became ill. When Death gave his godson the herb, he quoted, â€Å" when you are called to a patient, I will always appear to you. If I stand next to the sick person’s head, you may speak boldly that you will make him healthy again... But beware of using the herb against my will, or it will turn out badly for you† (Grimm’s 9). Now when the king became ill, Death appeared at the sick man’s feet, which meant he had to die. The doctor thought to himself that since he is my godfather he would forgive me. The doctor therefore, turned the bed so that De... Free Essays on Compare And Contrast Free Essays on Compare And Contrast Comparing and Contrasting In Brother Grimm’s â€Å"Godfather Death,† and John Updike’s â€Å"A&P,† we see many similarities and many differences. Both authors know how to intrigue the mind of the reader by introducing different plots, setting, characters, theme, and points of views throughout the story. First I shall start off talking about the plots, characters, and setting of each story. There are multiple plots that take place in both stories. In â€Å"Godfather Death,† one of many plots that took place was when a poor man could not afford to raise his thirteenth child and therefore he looks for a godfather to take the responsibilities and finally selects Death because Death promises the poor man to make the child rich and famous. He chose death because, the poor man had to work day and night just to give them bread (Grimm’s 8). It was basically because of poverty that he had made the decision. He also chose Death because death treats everyone equally. He takes from the rich and the poor (Grimm’s 9). The next plot takes place when the child grows up, and Death shows him the secret of the herb. The godson indeed uses the herb to become a rich and famous doctor, but Death only allows the godson to use the herb with his permission. Death fulfilled his promi se to the poor man because he had already made the young man into a famous doctor. The next plot was when the king became ill. When Death gave his godson the herb, he quoted, â€Å" when you are called to a patient, I will always appear to you. If I stand next to the sick person’s head, you may speak boldly that you will make him healthy again... But beware of using the herb against my will, or it will turn out badly for you† (Grimm’s 9). Now when the king became ill, Death appeared at the sick man’s feet, which meant he had to die. The doctor thought to himself that since he is my godfather he would forgive me. The doctor therefore, turned the bed so that De...

Panera Bread Business

Panera Bread Business Company Background Founded in 1981 by Ron Shaich and Louis Kane, the famous Panera Bread Company started operating under the brand name Au Bon Pain Co. Inc. It first grew along the United States’ east coast before it was internationalized between early 1980’s to 1990’s. This immense growth had the implication of making the company a dominant business operator in the category of bakery-cafe. In 1993, Au Bon Pain Co. Inc. bought St.Louis Bread Company. At the time of this acquiring, St.Louis Bread Company had 20 bakery cafes. In 1993 to 1997, the company recorded an increment of 75 percent in its mean unit volumes. This prompted the alteration of the brand name from Au Bon Pain Co. Inc. to Panera Bread Company. In 1997, the Panera Bread Company recognized its capacity for growth to become a leading bread maker in the United States. However, to achieve this noble potential, heavy investment of monetary resources was required.Advertising We will write a custo m case study sample on Panera Bread Business specifically for you for only $16.05 $11/page Learn More Indeed, in 1999, the company completed a transaction involving a sale of the business units of Au Bon Pain Co., Inc. only remaining with those of the Panera Bread Company. With regard to Panera Bread, after the completion of this transaction, â€Å"the companys stock has grown thirteen-fold, and over $1 billion shareholder value has been created† (Para. 5). The company acquired the title of the best performer under the category of restaurants with 1, 5, and 10-year shareholders’ returns. Later, in 2007, Panera Bread Company also purchased paradise bakery and cafe. As Panera Bread points out, â€Å"in March 2012, the company announced that Bill Moreton and Ron Shaich would both assume the roles of chief executive officers† (Para. 2). Currently, Shaich acts as the co-CEO and the chairperson of the board of directors. On the other hand, Bill Moret on is the co-CEO and the president of Panera Bread Company. As at September 2012, the company had established business presence in 44 states where it operated 1,625 bakeries. SWOT Analysis SWOT analysis involves strategic planning approaches engineered to evaluate strengths, limitations, and opportunities without negating threats that businesses face in their operation environment. Strengths are the traits that make it possible for an organization to have an advantage in comparison to other organizations. For the case of Panera Bread Company, the strengths include appealing and attractive food menus that comprise a variety of products from which customers can choose. According to Panera Bread Company Quarterly Report on Form 10-Q, these products include â€Å"fresh baked goods, made-to-order sandwiches on freshly baked breads, soups, salads, custom roasted coffees, and other complementary products† (10). Due to the company’s strong financial position, it has managed to invest in cozy cafes, which create a smoothing environment for the customers. This has the impact of making the company build a strong customers’ experience.Advertising Looking for case study on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The strength is implied in the company’s statement of goals, missions, and aims in which it stipulates that the central goal is to ensure that Panera Bread Company is the first choice of all customers who crave for sandwiches, soup, and salads. In addition to these strengths, the company has an enormous distribution ability covering a large geographic area (44 states as of Septembers 2012). It has products having relatively better quality while compared to its competitors. It has differentiated its services with the rival companies besides accumulating customers’ beliefs that the company stocks fresh breads. Besides, it has developed a powerful and win ning business strategy. Amid the above-cited strengths, Panera Bread Company encounters some weaknesses. These include the traits of Panera Bread Company that place it at a disadvantage in comparison with rival companies operating in the same industry. One of the weaknesses is the heavy investments in bread centric line of business, which means that Panera Bread Company has a narrow product line. Other weaknesses are higher prices at the company-owned stores in comparison to the franchises, declining customer service, and customer preferences. In particular, alterations of preferences and customer tastes may make them consider opting for buying more nutritious food items in other restaurants. Contextualization of this weakness introduces some chances that the company may consider as existing external chances, which, while utilized, may make it improve its performance. They include international expansions and opening of new outlets to tap the growth potential within the suburban mar kets. The fact that the company has a weakness of narrow product line introduces an opportunity for introduction of new items in the product line. On the other hand, Panera Bread Company encounters external chances that impair its performance. These are threats to the operation of the company. They include lawsuits, government regulations, and competition from rival companies such as Sturbucks and Mc Donald among other local and international restaurants offering fast foods. In the context of lawsuits and drawing from Panera Bread Company Quarterly Report on Form 10-Q, the company admits that it is â€Å"subjected to other routine legal proceedings, claims, and litigations in the ordinary course of its business† (10).Advertising We will write a custom case study sample on Panera Bread Business specifically for you for only $16.05 $11/page Learn More This requires heavy commitment of financial resources and management attention. Saturation of the mark et creates another incredible threat. The company would encounter challenges in getting strategic places for opening new outlets consistent with its strategic plan of enhancing profitability through rapid expansion. Strategies to attack major problems faced by Panera Bread Panera Bread Company encounters several problems in the derivation of its strategic plans to enhance a continuous growth in an environment that is saturated by a variety of companies offering similar or substitute products. One of the problems of the company is that it offers products in its company-owned stores at prices that are higher than the franchises. A significant reason for these differences is the need to gain higher profit margins to cater for the costs of running the business-associated issues that are extrinsic from the control of the company such as the cost of settlement of lawsuits filed against the company by past employees. For instance, in 2009, Nick Sotoudeh filed a case costing the company 5 m illion dollars in its settlement (Panera Bread Company Quarterly Report on Form 10-Q 2 4). In 2010, Corey Weiner, Caroll Ruiz, and Denarius Lewis filed another case against the company costing 1.5 million dollars in its resolution (Panera Bread Company Quarterly Report on Form 10-Q 2 4). To meet this cost to ensure that Panera Bread Company is able to offer bread at its own stores at competitive prices, it is crucial that the company results to intensive growth. On the positive side, growth is vital since it will provide the necessary economies of scale. This means that the company will remain profitable amid making small profit margins for every product sold. The negative side of this strategic move qualifies as a technique of enhancing growth such as forming joint ventures with other big competitors such as McDonald who will deprive the company of its executive control power. Panera Bread Company is likely to experience the problem of reduced profitability due to narrow product li nes. To resolve this problem, it is crucial that it focuses on widening its product lines. This strategic move will, on the positive side, help in drawing more customers to its stores. Hence, the revenue will also hike. On the other hand, the strategic move will increase the logistical costs and other costs associated with service delivery at the stores. Therefore, under certain circumstances, increment in revenues would be outweighed by the resulting additional costs.Advertising Looking for case study on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Somewhat different from the above two strategic moves, to address the challenge of how to increase revenues, the company can resolve to recruit more franchises besides opening more stores that are company-owned. On the positive end, this would increase revenues. On the other hand, increasing the number of company-owned stores would truncate into recruiting more staff, a case that increases the risk of experiencing more employees’ filed lawsuits. Another strategy that has not perhaps been considered by the company is focusing on extending its services away from America and Canada to other continents of the world. On the positive side, this would increase the sales of the company since being global implies meeting new fresh markets in which the company can develop products consistent with the demand requirements. Unfortunately, the option would expose the company to different political, legal, and cultural environments. Consequently, Panera Bread Company would have to change so me of its practices to match the new demand. For instance, there might be a conflict between the accounting standards. The company deploys the U.S’ GAAP, which might contradict the national generally accepted accounting principles of the new nations in the global space. Strategy that works With the current financial and business environment of the Panera Bread, the best option for dealing with the challenge of the need to increase profitability of the company is via recruitment of more franchises besides opening company- owned stores within Canada and America. Hence, I would open 300 new company-owned stores and franchises at the first phase of expansion of Panera Bread Company. The rationale for this strategy is based on the argument that, as evidenced by the estimations of good will in its balance sheet, the company has an immense market value. Additionally, in comparison to potential competing companies, Panera Bread Company has an incredible market position by virtue of i ts strengths. However, as argued before, the market is highly saturated with restaurants. Hence, there is a dominant challenge of acquiring buildings in strategic places within many cities where the company may consider as having the requisite market segment it targets. Additionally, at the entry level, many of these competing restaurants have the will and ability to pose competitive challenges to the company at the new franchises and or company-owned stores since they will have secured their market share. However, given the brand image and the quality of products and services offered by Panera Bread, the company has probabilities of getting some of this market share to build the clientele level at the new stores and franchises. The claim holds especially when it invests to improve its service delivery experience to levels above those of the existing restaurants in the new markets. Utilizing the strategy of growth through recruitment of more franchises and company-owned stores is pa rticularly significant in enhancing Panera Bread Company’s competitive position since it will make it develop the capacity to take a full advantage of the economies of scale. At the current size of Panera Bread Company, attempts to exploit the markets of all continents of the world are found unworthy due to many standards and legal compliance issues, which go into adding the cost of running the company. Implementation of the strategy In the implementation of the strategy of recruiting more franchises and opening of new company-operated stores, several considerations are vital before the implementation process kicks off. In the first place, this strategy needs financing. It is thus vital to consider whether the financial position of the company and the anticipated incomes can support the strategy. If not, it is critical to consider whether there are alternative sources of finance. Fortunately, with regard to Panera Bread Annual Report on Form 10-K, the company charges a  "franchise fee of $35,000 per bakery-cafe (of which it generally receives $5,000 at the signing of the ADA and $30,000 at or before the bakery-cafe opening)† (4). By noting that Panera Bread Company does not support the construction of the franchises, the money raised through the fees is utilizable in opening of the additional company-owned stores. According to Panera Bread Annual Report on Form 10-K, the company also has accessibility to a loan facility of 250 million dollars as an additional source of capital (3). Similar to the old food dealers like Mc Donald, the implementation of the strategy proposed above means the focus would entail opening a store or franchise and then waiting for the customer to do the purchasing. Based on the experience he or she gains with the product, he or she becomes loyal and hence a regular customer. Therefore, the strategy is customer-centric. For the success of such a strategy, it is crucial that an organization possesses the capability to p enetrate new markets. It should develop services and products, which create an immense appeal to the customers besides possessing the capacity to offer outstanding customer services (Wheelen and Hunger 851). Fortunately, these are some of the strengths of Panera Bread Company. With these strengths, the challenges in the implementation process rests in the development of customer-centric growth strategies in the new company-owned stores and franchises. I would accomplish the implementation of the strategy from three customer-centric paradigms. These are identification of core business, creation of propositions that have high value and impacts, and focusing on businesses that are highly linked to the core business of the company. Determination of the core business of the new stores starts with the identification of the core business that will be conducted in the stores and the franchises. In other words, expansion through the opening of new stores and franchises is not done blindly bu t rather with considerations of geographic areas and channels that would help to generate the highest amount of revenues. Therefore, before the company’s financial resources are committed to opening and subsequent running of the stores, profitability benchmarking and evaluation of the reputation of the company within the new geographical areas are necessary. In this approach, the stakeholders of the company are fully involved in the implementation process. Some of the stakeholders that I would include are non-loyal and loyal customers of the existing stores. The views of the loyal customers on why they embrace the products of the company are critical success factors of the strategy implementation. They would help in incorporating the attributes of the company that attract them in the new stores and franchises. On the other hand, the views of the disloyal customers create opportunities of establishing new stores that have improved customer service experience. This would help t o avoid replication of the past mistakes in the new franchises and stores. Arguably, this step of implementation of the project involves planning and analysis stage. It would take six months and an estimated cost of $ 210, 000. The second implementation step is the creation of propositions that have high values and impacts on the sub-segments of the potential customers. Based on the results of the first step discussed above, sub-segmentation of the customers’ groups in the new franchises and stores based on the found needs and anticipated buying patterns coupled with the profit contributions of the forecasted sales are vital in setting of a mechanism of reaping most from the new markets. This mechanism encompasses creation and innovation of value propositions targeting the sub-segments that are likely to be most attractive. This step is followed by conducting a field test of the impacts of the propositions. Based on the results of the field tests, scaling up is done. This ste p of the implementation process of the strategy is the analysis phase of the project. It is anticipated to take about 3-31/2 months. Its budget is $1 million. Most of this money caters for the wage expenses of analysts and data collection staff. Lastly, there is a need to focus on businesses that are highly linked to the core business of the company. The need implies that, after conducting a number of field tests and analyzing the potential of the success of the growth strategy, the next course of action will be to channel the resources of the company to open stores and accept franchise requests in areas that are likely to have large clientele. The point here is that there is no need of investing in an area where no substantive sales can be made to make the stores break even in the shortest time possible. Thus, the idea is to open stores selectively depending on the competitiveness of the market segments and sub-segments. Conclusion/Evaluation of Strategy’s success Upon imple mentation of the growth strategy, it is crucial to evaluate its success capacity. In the context of the proposed strategy for solving the problems of the Panera Bread Company, success refers to the accomplishment of the predicted outcomes when the strategy is implemented. The desired outcome is the increment of the revenue levels of the new stores and franchises such that the stores would be able to break even in the shortest time possible. On the other hand, it is desired that the new franchises end up being profitable so that Panera Bread Company can get substantive royalties. Measuring success calls for the evaluation of the strategy on its capacity to realize the core objective of the company. Measuring success in the context of the strategy for growth of the Panera Bread Company takes six approaches. In the first place, the strategy is implemented within fixed timelines. Therefore, one of the measurable success factors is whether the various time schedules for the strategy impl ementation were accomplished within the set timeframes. The other success factor is the degree to which the scope of the growth strategy has been released. The original plan is to open 300 stores and franchises. Thus, success is measured in terms of the number of the new company-owned stores and franchises opened. Thirdly, the implementation of the strategy must be consistent with the set budget. Consequently, the degree of success of the strategy is measurable from the context of the degree to which the implemented strategy complies with the budget constraints. Fourthly, it was argued in the implementation section that the overall goal of the strategy is to focus on opening stores in regions that will attract large clientele only who would get loyalty based on the company’s products. Thus, success may be measured from the dimension of the degree of customers’ loyalty, which is measurable through customers’ satisfaction levels. Unfortunately, satisfaction is onl y measurable qualitatively (either happy or unhappy). A subtle strategy of organizational growth needs to reduce the weakness and threats of an organization within the new operational centers. For this purpose, SWOT analysis is vital in determining whether the threats and weaknesses of the old stores and franchises have been replicated in the new geographical locations of the Panera Bread company-owned stores and franchises. Lastly, the success of the strategy may be measured in terms of the improvements of service quality in the new company-owned stores and franchises. Therefore, the growth sort for Panera Bread Company is not only in terms of numbers of stores and franchises but also in terms of increased quality service delivery in every new company-owned store or franchise that opens. Measuring success this way is inspired by the argument that learning organizations stand better chances of success than those, which do not learn. Panera Bread Annual Report on Form 10-K. Annual R eport Pursuant To Section 13 Or 15(D) Of The Securities Exchange Act Of 1934 For The Fiscal Year Ended December 27, 2011. Web. Panera Bread Company Quarterly Report on Form 10-Q. Quarterly Report Pursuant To Section 13 Or 15(D) of the Securities Exchange Act Of 1934 For the quarterly period ended September 25, 2012. Web. Panera Bread. Company Overview. Web. Wheelen, Thomas, and David Hunger. Strategic Management and business policy. New Jersey, NJ: Prentice Hall, 2007. Print.