Assume that you are the chief executive officer for a national poultry producer. The company’s operations include hatching chickens through the use of breeder stock and feeding, raising, and processing the mature chicks into finished products. The finished products include breaded chicken nuggets and patties and deboned, skinless, and marinated chicken. The company sells its products to schools, military services, fast-food chains, and grocery stores. In groups of four or five, discuss the following business emphasis and risk issues: 1. In a commodity business like poultry production, what do you think is the dominant business emphasis? What are the implications in this dominant emphasis for how you would run the company? 2. Identify at least two major business risks for operating the company. 3. How could the company try to differentiate its products?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Assume that you are the chief executive officer for a national poultry producer. The company’s operations include hatching chickens through the use of breeder stock and feeding, raising, and processing the mature chicks into finished products. The finished products include breaded chicken nuggets and patties and deboned, skinless, and marinated chicken. The company sells its products to schools, military services, fast-food chains, and grocery stores.

In groups of four or five, discuss the following business emphasis and risk issues:

1. In a commodity business like poultry production, what do you think is the dominant business emphasis? What are the implications in this dominant emphasis for how you would run the company?

2. Identify at least two major business risks for operating the company.

3. How could the company try to differentiate its products?

 

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