Meredith Colella is a food products engineer who has developed an innovative approach for the packaging of meat. Her approach will extend the shelf life of most meat products by about 30 percent. Meredith is getting ready to try to sell the idea to investors. What could Meredith tell the investors that would give them confidence that she is prepared to cope with the challenges of rapid growth?
Answer to relevant QuestionsCollin Ryan owns an electronics firm in central Michigan. As a result of some innovative new products that his company plans to roll out over the next two to three years, he expects a substantial increase in sales. To gear ...How have partnerships been important to uShip’s growth? Why do you think uShip has been able to form so many partnerships with other firms? In slightly different words, why is uShip an attractive partner? Was Crumbs’s failure preventable? What, if anything, could have been done to save Crumbs? Based on the material in the chapter, what types of growth could Crumbs have pursued that it didn’t go after? What characteristics are associated with a promising acquisition candidate? Spend some time studying Chipotle, the popular Mexican food restaurant chain. What growth strategies has this firm used? What challenges do you think Chipotle faces today in terms of its future growth potential?
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