Friday, July 26, 2013

INTERESTING PORK BARTER

Business-to-consumer bartering can also involve nonprofit organizations trading with consumers. For example, in 2000, Lindenwood University, a private institution located near St. Louis, launched a "Pork-for-Tuition" bartering program whereby the school agreed to accept full-grown hogs as tuition payment from cash-strapped farm families struggling to put their children through school. The hogs were subsequently slaughtered at a nearby processing plant and served in the school cafeteria as bacon, sausage, pork chops and ribs. The Pork-for-Tuition bartering program served as an effective retention tool for students who were at risk of dropping out of school. 


(ref. The Wall Street Journal)

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