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ABM720S - AGRIBUSINESS MANAGEMENT - 1ST OPP - NOV 2024 |
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nAm I BI A un IVE RS ITY
OF SCIEnCE Ano TECHnOLOGY
FACULTYOF HEALTH,NATURALRESOURCESAND APPLIEDSCIENCES
SCHOOLOF AGRICULTUREAND NATURALRESOURCESSCIENCES
DEPARTMENTOF AGRICULTURALSCIENCESAND AGRIBUSINESS
QUALIFICATION:BACHELOROF SCIENCEIN AGRICULTURE
BACHELOROF SCIENCEIN HORTICULTURE
QUALIFICATIONCODE: 07BAGA
07BHOR
LEVEL: 7
COURSECODE:ABM720S
COURSENAME: AGRIBUSINESSMANAGEMENT
DATE: NOVEMBER 2024
DURATION: 3 HOURS
PAPER:1
MARKS: 100
FIRSTOPPORTUNITYEXAMINATION QUESTION PAPER
EXAMINER(S) Mr. C. L. Akashambatwa
MODERATOR: Paulus Mekondjo Amaambo
1.
Answer all the questions.
INSTRUCTIONS
2.
Write neatly and clearly.
3.
Mark all answers clearly with their respective question numbers.
4.
All written work MUST be done in blue or black ink.
5.
No books, notes and other additional aids are allowed.
PERMISSIBLEMATERIALS
1. Examination question paper
2. Answering book
3. Calculator
THIS QUESTION PAPERCONSISTSOF 3 PAGES
(Excluding this front page)
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Question 11.
1.1. You have been appointed as a General Manager at MeatCo, where company's vision is to
be the most sought-after meat brands in selected markets, furthermore, to achieve long term
sustainable profit. However, you are not satisfied with the current state of affairs of
profitability in the previous two and three years. As a Strategic Manager, how would you plan
and make decision for the future success of the company, and implementing a successful
strategy? Make your own assumptions and use practical examples, which are still applicable
to this case study.
[20]
1.2. Mashare irrigation scheme has the following information, pertaining to 2024 warm
season cropping calendar. From the information given below, construct an enterprise budget
for Mashare irrigation scheme. Enterprise Budget for Maize Production on a {10 hectares)
[14]
Maize price @ N$5500/ton and yield is estimated at 7tons per acre. Seed N$ 750.00, Fertilizer
and lime N$ 1400.00, Irrigation expense. N$ 2450.00. Machinery depreciation N$ 4400.00,
Machinery fuel and repairs N$ 1900.00, Land loan N$ 150 000.00, Chemicals N$ 500.00,
Tractor N$ 70 000.00, Insurance N$ 250.00, Custom harvest expense. N$ 1200.00, Income Tax
(5% of Income} (N$ 00.00}, Labor at $20 per hour N$ 160.00, Miscellaneous N$ 70.00, Income
above variable costs {00.00}.
1.3. Successof marketing begins with development of marketing plan that sets the direction
of the firm's marketing activities. Therefore, discuss those basic marketing activities that
needed to follow in marketing plan.
[10]
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1.4. Using Weighed Moving Average, find the sales (forecast) for the following weeks, 5th, 6th,
7th . Show your calculations.
[6]
Weigt: 0.4%, 0.3%, 0.2%, 0.1%
Week
1
2
3
4
5
6
7
8
Sale
39
44
40
45
38
43
39
4WMA
1.5. As a small-scale crop farmer, decision making about what type of crop to produce
depends on many factors, financial factor such as NPV is one of such. Decide which crop would
you choose, cabbage or maize, given the following information, maize gives yield of 8 tons/ha,
cabbage+- 30 000 drum heads/ha, production costs are estimated at N$ 26 000.00. (on 1 ha
plot) and indicate which crop would you rather invest into based on the analysis
[10]
(GO)
Question 2
2.1. Small scale vegetable producers at Olushandja in the North central Namibia have for the
past few years complained about shortage of market, yet Namibia annually imports
vegetables, crops/fruits worth +-N$ 190 000 000. You as an Agribusiness expert, what do you
think could be the problem, holistically?
[10]
2.2. Agronomic Board of Namibia introduced MSP some years ago. Explain what MSP stand
for and what are its intended benefits to the agribusiness in Namibia
[6]
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2.3. One of the four functions of management is planning. Explain what is planning.
[4]
2.4. What is the difference between income statement and balance sheet.
[4]
2.5. Discuss briefly the technical skills that are needed to be a successful manager.
[4]
(28)
Question 3
3.1. Why is Budgeting important in Agribusiness?
[6]
3.2. Why has International trade in agricultural food products occurred? Discuss with regard
to Namibia economy.
[6]
{12}
TOTAL [100]