AFM131 Chapter Notes - Chapter 4: Maple Leaf Foods, Listeriosis, Food Safety

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Published on 16 Oct 2011
School
University of Waterloo
Department
Accounting & Financial Management
Course
AFM131
Page:
of 3
AFM131
Sept. 21/10
Introduction to the Impact of Government on Business
Impact of Government on Business
- Impacts of three levels of Canadian government
- History
- Government rules and regulations
- Government incentives
How does this knowledge affect us? (as consumers and as business people)
- Consumer
o Services provided to the consumers
o Government expenditures may increase jobs, stimulate economy, or provide services
and improve living standards (OSAP)
o Government regulations and laws ensure safer foods (protecting our health) and protect
consumers (Maple Leaf meat products)
o Government increases competition for better products and services and lower prices
- Business People
o Taxation and financial policies
o Laws and regulations in place that need to be obeyed by businesses
o Purchasing policies
o Government in support and the systems they provide
o Provide better working conditions in terms of laws and regulations
- Government involvement in business
o Compete, consume, and employ
o Laws and regulations
o Taxes
o Financial aid
o Spending
o Services
What historical issues contributed to the impact governments’ currently have on business?
- Large landmass with low population density along 49th parallel creates issue of connectivity
- Competitive position to the United States creates inferiority complex
Short Documentary on Listeriosis Outbreak
- Surveillance system
- Listeriosis investigate
- Meat inspections, food safety protocols
- Crack in the system, no procedures to follow up, no independent health officer
Maple Leaf Food Safety Standards
Sanitation protocols
- Traffic colours
- Controls for condensation
- Cooler temperature
Testing
- Strengthen testing, sampling
- Double testing sights
- Samples on each line
- Results are review separately and on a whole
- Highly reliable analysis
Training
- Food inspection agency approval
- More than 200 procedures
Food safety and leadership
- Chief food safety officer
- Identify global best practices
- Food safety technology
- Stay on leading edge
- Food advisor council
- All plants are federally registered
- Reviews proficiency of food results by a third party
- Boots rubbing system
- Annual food safety audits
- Trace products through supply chain
There was a cut in funding from government for food inspection
What do you believe is the role of Health Canada in terms of inspection and enforcement?
- Public health safeguards
- Inspection
- Significant role for federal government
In support of Maple Leaf Food’s ability to deal with food safety
- Implementation of plans
- Increased levels of hygiene
- Creation of Chief Food Safety Officer
- Regular and stringent internal and external inspections and testing
Why are you satisfied or not satisfied with the ability of Maple Leaf Foods to deal with food safety?
Should companies or the government be primarily responsible for food inspection?
Who should be responsible for the setting of standards and procedures?
Article: Stimulus spending did little to boost economy, report says
1. What does the author mean by the statement, “Those measures (infrastructure spending) will
now go into place as the economy recovers, meaning the government will find itself in
competition with (for) private sector resources?
o Dealing with the economics of supply and demand
o Government funded projects will compete with private business projects for these
limited resources
2. Why have there been tax shortfalls that have contributed largely to the currency deficits?
o Income taxes fall as income decreases
Article, “How will HST incompact Ontarians?”
1. Explain the term, “tax cascading.”
o Taxes added on, cost of input rises (additional cost of infrastructures)
o In an input to an end product now attracts a higher tax, the cost of the input rises
o As a result, the cost of the end product rises
2. For those goods or services that now attract HST, that previously were exempt from PST (like
gasoline), over time; why will the price increase be less than 8%
Time for Self-Reflection

Document Summary

Introduction to the impact of government on business. How does this knowledge affect us? (as consumers and as business people) Government involvement in business: compete, consume, and employ, laws and regulations, taxes, financial aid, spending, services. Large landmass with low population density along 49th parallel creates issue of connectivity. Competitive position to the united states creates inferiority complex. Crack in the system, no procedures to follow up, no independent health officer. Results are review separately and on a whole. Reviews proficiency of food results by a third party. There was a cut in funding from government for food inspection. In support of maple leaf food"s ability to deal with food safety. Regular and stringent internal and external inspections and testing. Article, how will hst incompact ontarians? : explain the term, tax cascading. , taxes added on, cost of input rises (additional cost of infrastructures, as a result, the cost of the end product rises.