CP Foods' CEO On Food Price Pressures

CP Foods' CEO On Food Price Pressures

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the impact of high food prices due to raw material costs, particularly corn, and the resulting increase in meat prices. It explores supply chain challenges, especially in the pork market, and the strategic shift in the European market towards cooked food amid recession concerns. The video also covers business risks, including the strong dollar's impact, and strategies like expanding into plant-based meat. Finally, it assesses the Thai economy's recovery post-COVID-19, highlighting tourism's role in economic growth.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the anticipated risks to the business as mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategies is the company implementing to adapt to market changes?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How is the company planning to expand its presence in the Asian market?

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