Application Questions:
2-20: Justin Coban should include various information in his e-mail to his dad asking for a loan.
This should likely include the name of his product(s), how they are environmentally friendly,
why they are suitable to light manufacturing facilities, and what makes his products stand out
compared to products already in the market. Other information could include the estimated cost
of production and the estimated price to be sold to consumers. Ingredients and a visual example
of the products would be helpful as well. If there is a video showing the product in action, this
may be helpful to capture his dad’s interest. There could also be a business plan showing what
the funds will be used for, specifically and how they will benefit Justin’s company startup.
2-21: It is estimated that the current meat production will not be enough to supply the demand
soon. Meatable is a startup company that aims to address this issue (Sajid, A., 2020). They
produce and sell lab-grown meat in about three weeks compared to three years in the natural
environments by developing whole organs in labs from a single cell from the animal.
Delivery companies are booming. There are more food delivery companies and grocery delivery
companies popping up and becoming successful. There are few companies that deliver alcohol,
though. TapRm is a startup that aims to change this by delivering beer right to your door (Sajid,
