Market Failure * Adulteration in Food Industry Submitted to: Mr. Sheikh Morshed Jahan Associate Professor Course Instructor - Bangladesh Studies Submitted by: Samia Khan (RQ 16) Adel Mostaque Ahmed (ZR 22) Ahnaf Zabee (ZR 35) Rituraj Baidya (ZR 56) Institute of Business Administration University of Dhaka April 9‚ 2012 Table of Contents Market failure 3 Food adulteration in Bangladesh 3 Mouthwatering looks: 4 Endurance: 4 Examples of food adulteration 5 The consequences: 6 The awareness
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What Is Food Adulteration? Under the Prevention of Food Adulterant Act‚ an Adulterant is any material which be employed for the purposes of adulteration. Any article of food is adulterated if : 1. If any inferior or cheaper substance has been substituted wholly or in part‚ 2. If any constituent of the article ahs been wholly or in part abstracted 3. If the article has been prepared‚ packed or kept under insanitary conditions 4. If the article consists in part filthy‚ rotten‚ decomposed or diseased
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EFFECTS OF POLITICS ON BUSINESS ENVIRONMENT AND ITS RESULTS ON SOCIETY The political environment in a country affects business organizations and could introduce a risk factor that could cause them to suffer a loss. The political environment could change as a result of the actions and policies of governments at all levels‚ from the local level to the federal level. Businesses need to be prepared to deal with the fallouts of government politics. Impact on the Economy The political environment
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The external environment in which businesses operate can have a significant effect on their success. To what extent do you think that the external environment in the UK is favourable for businesses at the moment? Justify your answer with reference to external factors and/or businesses that you know. (40 marks) You must include a plan. 3 ½ pages handwritten. Not petrol? Can argue against in evaluation – favourable for some industries but not others Make a point‚ explain and evaluate (3-4 main
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Introduction Business environment is the combination of all centralized and peripheral aspects that affects a corporation. Both external and centralized aspects can repercussion each other and endeavor together to influence a corporation. The business environment includes some elements like clients and suppliers‚ competition and owners‚ technology‚ government initiatives and market‚ social and economic trends. The internal factors are that impact the approach and success of the company’s operations
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The Effects of Mass Food Production on the World as a Whole Robert Dupell ANT 340 Mass food production has become an increasing issue in the world. It was created to help solve the lack of nutrition problem that was created by the staggering population growth of the human race. Short term it has solved the issue it was created for. But there are inherent risks that come with this type of food production. Mass food production causes a great deal of stress on the environment. The land‚ air
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Adulteration of food‚ a “Deep Rooted Social Evil” Among man’s everyday needs‚ food plays a major sustaining role. From the simple dish to the most elaborate haute cuisine‚ food preparation is as varied and rich as man’s taste. The lure of riches and general apathy towards mankind has led to adulterants being added to food from the simple stones in rice to the more harmful brick and boric powder. Adulteration of food commonly defined as “the addition or subtraction of any substance to or from food
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MODULE -3 Business Around Us Notes 3 BUSINESS ENVIRONMENT nderstanding the environment within which the business has to operate is very important for running a business unit successfully at any place. Because‚ the environmental factors influence almost every aspect of business‚ be it its nature‚ its location‚ the prices of products‚ the distribution system‚ or the personnel policies. Hence it is important to learn about the various components of the business environment‚ which consists of the economic
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Executive Summary on National Survey on Milk Adulteration The National Survey on Milk Adulteration 2011 (snap shot survey) was conducted by the Food Safety and Standards Authority of India to ascertain the quality of milk and identify different type of adulteration in the liquid milk throughout the country. The survey was carried out by the Regional Offices of the FSSAI located at Chennai (Southern Region)‚ Mumbai (Western Region)‚ Delhi (Northern Region)‚ Guwahati‚ (North Eastern Region) and Kolkata
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Business Environment Business environment consists of all the internal and external forces that influence the operating situation of a company. Business environment has a dynamic and complex nature and it impacts greatly the survival and growth of a company. External factor consists of political factors Political factors (Taxation Policy‚ Unemployment Policy etc.)‚ Economical factors (Inflation rate‚ Recession or Boom etc.)‚ Socio-cultural (language‚ values‚ religion‚ beliefs etc. )‚ Technological
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