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In: Business and Management

Submitted By skimkiper84
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Name of Applicant Address of the applicant Phone number of the applicant Date for writing the letter

Human Resource Manager, Golden Coffee bean Rosters, P.O Box 1345 Logan drive, Denton, Texas Dear Ms Janet Doe, Iam writing to say thank you for enlisting me for interview for your advertised position for an entry level economist in your coffee beans roasting company. I have a very strong background in the field of Economics and I believe Iam the right candidate for the job. As you remember you had told me that you would like to hear about an economic concept that I learned while in college that would be useful when applied to your firm, I decided to go with my favorite theory of supply and demand. The month of April 2014, was the most driest month in Brazil’s coffee growing regions, since 1987 damaging crop yields and resulting in the price of coffee to rise by over 51 percent this year. The drought in the region has been an historic one, causing rationing of water supply in over 150 cities in Brazil. Brazil is the major supplier of the coffee consumed in America. At the moment, the retail prices for coffee are still stable and coffee roasters still have enough supplies to cover themselves for some few months. As a result of crop damage price of coffee beans are probably going to rise next year due to shortage in supply and consumers could start buying coffee beverage at higher costs according to a futures market analysts dealing with grains like coffee, among other market commodities. On April 20 this year, the price per pound of coffee beans due for delivery in May hit the highest point in about 15 months, at $1.73. Even before the dry season in Brazil, there were speculations that there would be a worldwide coffee shortage. At the beginning of this year, a closely followed report

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