Soil Moisture Tester Company Structure and General Description

Soil Moisture Tester
Student Full Name
Institutional Affiliation
Course Full Name
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Soil Moisture Tester
Information About Ownership and Company Structure
The company is a farm technology company started after realizing the product's potential in the United States. Soil Moisture testing is vital for farmers because it assists them in understanding what types of crops can grow in their gardens or farms, as well as the rate or frequency of watering the crops (Koresh, 2021). Therefore, the product to be launched at the end of 2021 will be a Soil Moisture Tester after getting all the business permits, licenses, and approvals from the necessary agencies.
The CEO will head the company's structure. Other roles that will be included in the company hierarchy include Human Resource Manager, Marketing Manager, Production Manager, Financial Manager, and Research and Development Administrator. Other workers within the business will be working under the above administrators, and they will be employed on a contract basis to enable the company to save on human resource costs. Moreover, the company will also list shares to the public, which will make up 20% of the whole company's capital. The citizens, who are mainly farmers, will be part of the company investors.
A Description of the Product
The product to be created is a gadget that can be placed in the soil and detect when the moisture in the soil has reduced. The purpose of the gadget is to aid farmers in knowing when to water their plants. Moreover, it will also assess the type of soil and moisture retention rate. The information will be vital in informing farmers about the appropriate crops to grow. Additionally, the gadget will have software connected to a laptop or a mobile phone that alerts the farmer when watering is needed.
The issue of global warming, drying up of rivers, and depletion of soil moisture affects m...