IV. Alternative Courses of Action
1. Merge with other poultry company to clear other problems of the company. In case their get out be deprivation it endure lessen the expense. But, the winnings will lessen referable to sharing of profits.
2. Build their own fast aliment drawstring and use their supply to lessen cost of acquire and claim use of the other products that is not in demand in the market.
3. Build own corn plant facilities since the supply of chief(prenominal) fed is corn. Also, it can supply other poultry diligence which can increase the profit of the company. Though this plan can make use large percentage of expectant, but the invested capital will be gain in years time.
4. Entering into another industry like meats since other competitors is gaining profit into meat products.
V. Strategy Formulation/Recommendation
I therefore quit that the best solution to the problem is alternative no. 1, and 3 because merging with the same company industry can get hitched with their forces through their knowledge especially in taking oversee of their products and employees. And, no. 3, because the average feed cost is approximately 50% by that if they have their own farm for their poultry products it will lessen the buying of corn, milo, and soybean.
VI. Action Plan
1. Make advertisements and healthy tips to those buying fresh poultry.
2. Continue in hiring of skilled employees rather than those unskilled.
3. They should acquiesce into meat products.
4. Invest new technology in enhancing food safety systems, and other processes.
VII. Potential Problems
1. What if their will be no more supply of corn?
2. What if the cost of feed becomes higher(prenominal) than ever?
3. What if another type of Bacteria comes into the poultry sites?
VIII. mishap Plan
1. Educate the public in case diseases appeared from the poultry products.
2. cope back production significantly.
3. Eliminate jobs.
4. Closed other plants and several(prenominal) distribution...If you want to get a full essay, order it on our website: Ordercustompaper.com
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