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just olya [345]
3 years ago
6

A business owner who wants to make adjustments to her company's production would make use

Business
1 answer:
damaskus [11]3 years ago
4 0

Answer:

Option A. Inventory accounting.

Explanation:

Inventory accounting refers to the kind of accounting which deals with the valuation and accounting for any type of change that may occur in inventoried assets.

A company's inventory is made up of the following:

- raw goods,

- in-progress goods, and

- finished goods that are ready for sale.

The goods listed above are in the three stages of production.

The purpose of inventory accounting is to attach a value to the items which exist in any of the three stages of production and therefore, record them as company assets.

Therefore, in the scenario given above if the business owner is to make any change to her company's production, she should make use of inventory accounting, because this is where a record of the materials for production is kept.

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My dream business is organic poultry farming.

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It is my hobby to have different types of hen breeds. So I would like to invest in my hobby. I would like to have breeds of organic hens that will lay more eggs. I will also invest in fancy chickens which are widely used as pet in backyards.

It has great potential for growth, as people are nowadays moving towards organic foods. The organic poultry market has grown from $7.5 billions to $7.7 billions from 2019 to 2020. The growth recorded is almost 2% despite the breakout of virus. People would like to buy fancy chickens as pets because they lay eggs and look cute in the backyards.

The return on fancy chicken breed is much higher than an ordinary chicken breed that only lays egg. I will start from 1500 baby chickens and will around 50 chicken tractors in a large 8 kanal area. This chicken tractors will help me to keep the death rate of the chickens low and are helpful in lowering the spread of diseases. Furthermore, it is moveable which means my chickens will have fresh grass to eat.

I will buy a small van that will be helpful in managing the delivery of food requirement and egg supply to my customers. To lower the cost of organic feed I will grow many types of plants, herbs, grass, etc in the 8 kanal area that will meet the protien requirements of the chickens. I will also water the land daily so that the waste of the chickens are accessed very quickly to plants.

Their many other tactics that could be used like leasing the land for 2 years because it will lower the investment required, plantation of plants that will grow its value over time, use of thick sheets that will protect chickens from and use of thin sheet that will protect them from mosquitos, etc.

<em>Note:</em> <u>I wasn't able to access complete questions so I think the above explanation of business idea will be very helpful for you to construct a business plan.</u>

If you find the answer very helpful then don't forget to rate it. Thanks

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