Person ER has found a way to generate profit from the slaughterhouse meat trimmings. The by-product from the slaughterhouse meat was used in cooking oil and pet food stuffs. This beef product is known as “Lean finely textured beef” (LFTB). This LFTB makes ground beef leaner and inexpensive. It was given a name called “pink slime” by the health safety inspector. The consumers came to know that they were eating unappealing beef parts, which was soaked in ammonia. As a result, the sales of the ground beef fall tremendously to 11% in a month. The producer of the ground beef (AFA Foods Company) was under bankruptcy protection. The CL Company even lost 80% of their customers. Character in the case: Company CL Company AFA Food Person ER To discuss: Whether the uproar over the LFTB acceptable when the Country U’s Food and Drug Administration product announced that LFTB is safe for consumption.

Question

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Answer 1

Question

Chapter 5, Problem 5.11MA

Summary Introduction

Case summary:

Person ER has found a way to generate profit from the slaughterhouse meat trimmings. The by-product from the slaughterhouse meat was used in cooking oil and pet food stuffs. This beef product is known as “Lean finely textured beef” (LFTB). This LFTB makes ground beef leaner and inexpensive. It was given a name called “pink slime” by the health safety inspector.

The consumers came to know that they were eating unappealing beef parts, which was soaked in ammonia. As a result, the sales of the ground beef fall tremendously to 11% in a month. The producer of the ground beef (AFA Foods Company) was under bankruptcy protection. The CL Company even lost 80% of their customers.

Character in the case:

Company CL

Company AFA Food

Person ER

To discuss: Whether the uproar over the LFTB acceptable when the Country U’s Food and Drug Administration product announced that LFTB is safe for consumption.

Summary Introduction

To discuss: The other types of consumer products which are similar to LFTB

Expert Solution & Answer

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Answer 2

Question

Chapter 5, Problem 5.11MA

Summary Introduction

Case summary:

Person ER has found a way to generate profit from the slaughterhouse meat trimmings. The by-product from the slaughterhouse meat was used in cooking oil and pet food stuffs. This beef product is known as “Lean finely textured beef” (LFTB). This LFTB makes ground beef leaner and inexpensive. It was given a name called “pink slime” by the health safety inspector.

The consumers came to know that they were eating unappealing beef parts, which was soaked in ammonia. As a result, the sales of the ground beef fall tremendously to 11% in a month. The producer of the ground beef (AFA Foods Company) was under bankruptcy protection. The CL Company even lost 80% of their customers.

Character in the case:

Company CL

Company AFA Food

Person ER

To discuss: Whether the uproar over the LFTB acceptable when the Country U’s Food and Drug Administration product announced that LFTB is safe for consumption.

Summary Introduction

To discuss: The other types of consumer products which are similar to LFTB

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 5, Problem 5.11MA

Summary Introduction

Case summary:

Person ER has found a way to generate profit from the slaughterhouse meat trimmings. The by-product from the slaughterhouse meat was used in cooking oil and pet food stuffs. This beef product is known as “Lean finely textured beef” (LFTB). This LFTB makes ground beef leaner and inexpensive. It was given a name called “pink slime” by the health safety inspector.

The consumers came to know that they were eating unappealing beef parts, which was soaked in ammonia. As a result, the sales of the ground beef fall tremendously to 11% in a month. The producer of the ground beef (AFA Foods Company) was under bankruptcy protection. The CL Company even lost 80% of their customers.

Character in the case:

Company CL

Company AFA Food

Person ER

To discuss: Whether the uproar over the LFTB acceptable when the Country U’s Food and Drug Administration product announced that LFTB is safe for consumption.

Summary Introduction

To discuss: The other types of consumer products which are similar to LFTB

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 5, Problem 5.11MA

Summary Introduction

Case summary:

Person ER has found a way to generate profit from the slaughterhouse meat trimmings. The by-product from the slaughterhouse meat was used in cooking oil and pet food stuffs. This beef product is known as “Lean finely textured beef” (LFTB). This LFTB makes ground beef leaner and inexpensive. It was given a name called “pink slime” by the health safety inspector.

The consumers came to know that they were eating unappealing beef parts, which was soaked in ammonia. As a result, the sales of the ground beef fall tremendously to 11% in a month. The producer of the ground beef (AFA Foods Company) was under bankruptcy protection. The CL Company even lost 80% of their customers.

Character in the case:

Company CL

Company AFA Food

Person ER

To discuss: Whether the uproar over the LFTB acceptable when the Country U’s Food and Drug Administration product announced that LFTB is safe for consumption.

Summary Introduction

To discuss: The other types of consumer products which are similar to LFTB

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 5

Chapter 5, Problem 5.11MA

Summary Introduction

Case summary:

Person ER has found a way to generate profit from the slaughterhouse meat trimmings. The by-product from the slaughterhouse meat was used in cooking oil and pet food stuffs. This beef product is known as “Lean finely textured beef” (LFTB). This LFTB makes ground beef leaner and inexpensive. It was given a name called “pink slime” by the health safety inspector.

The consumers came to know that they were eating unappealing beef parts, which was soaked in ammonia. As a result, the sales of the ground beef fall tremendously to 11% in a month. The producer of the ground beef (AFA Foods Company) was under bankruptcy protection. The CL Company even lost 80% of their customers.

Character in the case:

Company CL

Company AFA Food

Person ER

To discuss: Whether the uproar over the LFTB acceptable when the Country U’s Food and Drug Administration product announced that LFTB is safe for consumption.

Summary Introduction

To discuss: The other types of consumer products which are similar to LFTB

Answer 6

Chapter 5, Problem 5.11MA

Summary Introduction

Case summary:

Person ER has found a way to generate profit from the slaughterhouse meat trimmings. The by-product from the slaughterhouse meat was used in cooking oil and pet food stuffs. This beef product is known as “Lean finely textured beef” (LFTB). This LFTB makes ground beef leaner and inexpensive. It was given a name called “pink slime” by the health safety inspector.

The consumers came to know that they were eating unappealing beef parts, which was soaked in ammonia. As a result, the sales of the ground beef fall tremendously to 11% in a month. The producer of the ground beef (AFA Foods Company) was under bankruptcy protection. The CL Company even lost 80% of their customers.

Character in the case:

Company CL

Company AFA Food

Person ER

To discuss: Whether the uproar over the LFTB acceptable when the Country U’s Food and Drug Administration product announced that LFTB is safe for consumption.

Answer 7

Chapter 5, Problem 5.11MA

Summary Introduction

Case summary:

Person ER has found a way to generate profit from the slaughterhouse meat trimmings. The by-product from the slaughterhouse meat was used in cooking oil and pet food stuffs. This beef product is known as “Lean finely textured beef” (LFTB). This LFTB makes ground beef leaner and inexpensive. It was given a name called “pink slime” by the health safety inspector.

The consumers came to know that they were eating unappealing beef parts, which was soaked in ammonia. As a result, the sales of the ground beef fall tremendously to 11% in a month. The producer of the ground beef (AFA Foods Company) was under bankruptcy protection. The CL Company even lost 80% of their customers.

Character in the case:

Company CL

Company AFA Food

Person ER

To discuss: Whether the uproar over the LFTB acceptable when the Country U’s Food and Drug Administration product announced that LFTB is safe for consumption.

Answer 8

Summary Introduction

To discuss: The other types of consumer products which are similar to LFTB

Answer 9

Summary Introduction

To discuss: The other types of consumer products which are similar to LFTB

Answer 10

Expert Solution & Answer

Answer 11

Expert Solution & Answer

Answer 12

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Answer 13

Ch. 5 - Prob. 1ALC Ch. 5 - Prob. 1BLC Ch. 5 - Prob. 1CLC Ch. 5 - Prob. 5.1DQ Ch. 5 - Prob. 5.2DQ Ch. 5 - Prob. 5.3DQ Ch. 5 - Prob. 5.4DQ Ch. 5 - Prob. 5.5DQ Ch. 5 - Prob. 5.6CTE Ch. 5 - Prob. 5.7CTE

To discuss: The other types of consumer products which are similar to LFTB

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Chapter 5 Solutions