Professional Documents
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Chicken Run
Chicken Run
Recommendation
To utilize the government scheme by apply subsidies allocate to the business enterprise at Malaysia and price ceiling on raw material and certain production cost. It will reduce the impact of the increase in cost of feed for the chicken. The company can apply a costbased pricing strategy in order to fix the price per chicken. To closely monitor and eliminate any unnecessary cost to maintain the revenue.
Price of a bag of feed from RM54.50 to RM88.00. approximately 56.5%. in the cost of material leads to the in the chicken prices and automatically the demand of chickens in the market.
Recommendations
EPM needs to have a proper guideline or policies and procedures to speak in handling conflict of interest. Implementing a policy to ensure the members of EPM to disclose any conflict of interest Encik Selamat must follow fiduciary duty as a director in EPM He also need to act in a good faith, act in the best interest of company, use his power properly and should not have any conflict of interest with the client or the third parties.