Why Impossible Foods Is Doubling Its R&D Team

Why Impossible Foods Is Doubling Its R&D Team

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Interactive Video

Business, Information Technology (IT), Architecture

University

Hard

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The transcript discusses the expansion of Impossible Foods' R&D team and the unique role of Impossible Investigators. It highlights the company's retail expansion into Canada and other global locations, adapting to the pandemic's challenges. The focus on affordability and cost reduction is emphasized, with a 15% price cut due to efficient resource use. International demand, especially in Asia, is addressed, along with supply chain strategies. The company aims for profitability and growth, balancing investor returns with market share expansion.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the company plan to expand its international presence?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the company's approach to balancing profitability and market share?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does Impossible Foods aim to improve its cost structure?

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