Controversies Surrounding Pink Slime Essay Example | Topics and Well Written Essays - 1250 words

Controversies Surrounding Pink Slime - Essay Example The term pink slime was coined a biologist called Gerald Zirnstein in 2002 due to the use of ammonium hydroxide in processing of this product. Initially the term was only used publicly in reference to food packaged for dogs. However, the media outlets created a phobia throughout United States when they made a claim that almost all meat products comprised some amount of Pink Slime. Following this media disclosure, a good number of beef processing industries have been forced to shut their business due to the controversy. Individuals as well as institutions such as schools have raised several arguments over the quality and appropriateness of the pink slime consumption (Drahl Web). Currently, the phrase pink slime is used to define a different type of ground meat different from the habitual ground meat in that it was prepared from fatty crumbs, connective tissue and hides, which were remnants of beef carcasses after steaks and roasts, had been extracted. The issue of slime mould caused many questions among the American particularly on the role of government in protecting the quality and safety of their food (â€Å"A Fight About Beef: Why to Avoid 'Pink Slime’† Web; Drahl Web). The American have a reason and the right to know the security of product that they consumer. However, the deliberations on slime meat have been stuffed with distortions and propaganda, which could be either true or fictitious.

Entrepreneurship Essay Example | Topics and Well Written Essays - 500 words

Entrepreneurship - Essay Example Certain personality characteristics can also be very helpful in starting a new business. A study conducted by Southern Methodist University’s Cox School of Business lists several shared characteristics of more than 200 successful entrepreneurs (those who have been in business more than 5 years and have gross revenues of at least $1 million), including good health, an ability to control, strong self-confidence, high energy and sense of urgency, comprehensive awareness of a situation, a realistic outlook, conceptual ability, a low need for societal status, an objective approach, emotional stability, an attraction to challenges and an ability to describe situations with numbers (Glick-Smith, 1999). Strategic planning is important to any small company that wishes to grow or expand product lines or services. Different from a business plan in which something is started, strategic planning maps out the various practices a company will use to obtain a desired goal, such as increased sales, employee growth or adjusting to new competition (Kautz, 2005). Like running a race, if you don’t know where the course is, you have little chance of arriving at the finish line prior to the competition. A strategic plan should include a business purpose that makes the mission and philosophy of the company clear to employees and others in a concise statement, organizational goals that define the endpoints toward which the plan is striving, mapped out strategies for meeting each of these goals, action plans to implement the various strategies and the implementation of a monitoring plan to ensure the company is on the right path toward meeting these goals (Kautz, 2005). The plan should remain flexible to meet the growth needs of the company as well as the changes within the marketplace. According to Alex Goumakos, there are 5 major factors that should be considered when deciding on the format of ownership: liability protection, taxes, management, ownership transition and