Business Research Project
Development is expected to commit to a $500 million partnership with the Texas A&M university World Coffee Research center in attempted to terminate the spread of the fungus. Alnico, 2014) Although the efforts to eliminate the fungus may seem brass but It Is not only the daily price of coffee that is concerning but the surrounding economic security of the various plantations. Hypothetically if the farmers happen to lose their Jobs, it could possibly increase poverty In the region as well as contribute to a possible Increase in violent crimes and drug trafficking.
Fortunately, the united Stated receives the majority of our coffee from Asia and other regions, in which only a small number of countries are affected by the fungus such as Guatemala, El Salvador. Honduras, Panama and Costa Rica. According to the Cutbacks Global Coffee executive vice president Craig Russell, “Supporting the farmer’s ability to access information, technology and resources allows them to adapt to these uncertainties and ensures the longevity of our industry supply chain. Alnico, 2014) However. The company Is still working to ensure that the future supply Is not In risk of being affected and are working closely with the growers for better practices that can
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Another possible solution is for Statutory obtain several plantations around the world solely for the manufacturing of Cutbacks coffee free from areas infected by the coffee rust. Although the idea may seem exaggerated but if the coffee rust disease continues to spread, it might cause for drastic measures.