Some considerations on cost models and their importance for banana producing microenterprises

Abstract

Taking into consideration the diversity of cost models and their importance for microenterprises, the objective of this article is to propose some recommendations for the use of cost models in banana producing microenterprises. It was considered that the research is bibliographic in nature, because the compilation of information from sources such as: books, theses, manuals, among others, are aimed at supporting the stated objective, thus contributing to the knowledge, development and solution of problems linked to microenterprises. . It is concluded that: cost models are important tools for banana producing microenterprises. If used correctly, they can help microbusinesses improve their efficiency, profitability and decision making. Cost models can help banana producing microenterprises identify opportunities to improve efficiency and profitability, as they can provide important information that they can use to make more informed decisions about production, resource management and finances. . The use of cost models in banana producing microenterprises can contribute to the competitiveness of this sector in Ecuador, to adapt to changes in the market and to improve its environmental sustainability. It is important to implement a cost model per process since banana production is a continuous and homogeneous activity, where the real values of each process, both total and unitary, can be known, helping the owner to have a greater organization of the inputs they bring as a result cost optimization.