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Image via Flickr danielmoyle Every year the World Bank loans between $15 billion and $20 billion to government contracts around the world. Contractors must go through a bid process to be considered for government contracts, but it lacks transparency and consistency. The World Bank intends to reform its procurement policies in order to cut down…
Image via Flickr mikebarry Kellogg’s is the largest cereal maker in the United States, but the company has recently switched its focus to snack foods. In October 2016, Kellogg’s announced its plan to acquire Parati Group, the leading Brazilian food producer and largest snack company in Latin America. The acquisition serves to further Kellog’s goals…
Image via Flickr by GULF550 All successful businesses reach a point where they need more than a handful of employees. At that point, it’s time to consider outsourcing. However, it’s not a decision that should be based purely on labor costs. There are hidden costs not to overlook. Oops! You don’t have permission to view…
Image via Flickr by marcopako Millions of Americans grab a cup of coffee from Starbucks on their way to work each morning. In this niche market, smart business decisions mean this coffee chain stays on top in terms of sales. Starbucks leads the market with an efficient supply chain and careful attention to product sourcing.Oops!…
Image via Flickr rahego The U.S. Department of Agriculture (USDA) constantly seeks ways to protect consumers from bad food distribution and handling practices. Now the organization is focusing on the organic market, due to its increasing demand. The USDA aims to create stronger rules for organic farming and better food safety training across the industry….
Image via Flickr miamism Whole Foods Market is committed to providing customers with healthy and organic food options. Now, Whole Foods is adding sustainability to its mission by adding solar panels to 100 store locations. Take a look at what Whole Foods wants to accomplish with this initiative and what other businesses can learn from…