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ABM720S - AGRIBUSINESS MANAGEMENT - 2ND OPP - NOV 2024 |
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nAm I BIA UnlVE RS ITY
OF SCIEnCE AnDTECHnOLOGY
FACULTYOF HEALTH,APPLIEDSCIENCEAND NATURALRESOURCES
SCHOOLOF AGRICULTUREAND NATURALRESOURCESSCIENCES
DEPARTMENTOF AGRICULTURALSCIENCESAND AGRIBUSINESS
QUALIFICATION:BACHELOROF SCIENCEIN AGRICULTURE
BACHELOROF SCIENCEIN HORTICULTURE
QUALIFICATIONCODE: 07BAGA
07BHOR
LEVEL: 7
COURSECODE:ABM720S
COURSENAME: AGRIBUSINESSMANAGEMENT
DATE:JANUARY 2025
DURATION: 3 HOURS
PAPER:2
MARKS: 100
SECONDOPPORTUNITY/SUPPLEMENTARYEXAMINATION QUESTION PAPER
EXAMINER(S): Mr C. L. Akashambatwa
MODERATOR: Mr. Paulus Mekondjo Amaambo
INSTRUCTIONS
1. Answer all the questions.
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 paper.
2. Examination script.
3. Calculator
THIS QUESTION PAPERCONSISTSOF 2 PAGES
(Excluding this front page)
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Question 1
1.1. There are five types of utilities, name and explain them.
[5]
1.2. List the ten elements a good marketing plan should have.
[10]
1.3. Explain what marketing research is.
[2]
1.4. Identify the steps involved in market research and briefly explain them.
[4]
1.5. what is forecasting in agribusiness?.
[2]
1.6. As the sales manager, you are asked to predict the sales for the coming quarter of the
year. Using 4 months SMA, estimate the sales figures for the missing month. Data as follow:
Jan = 1200, Feb= 1320, mar= 1250, Apr= 1450, May= 1230, Jun= 1245, Jul= ?
[3]
Question 2
2.1. What is management in business?
[4]
2.2. What is marketing myopia?
[3]
2.3. As a marketing manager, draft a customer-driven marketing strategy.
[6]
2.4. Discussthe components of a balance sheet?
[6]
2.5. What is the purpose of a cash flow budget?
[2]
Question 3
3.1. Assume a farmer sells oranges in 10kg bag@ N$ 160 each, the labour cost is estimated
@ N$32 per bag, the cost inputs and packaging material is estimated @ N$12 per bag. The
fixed cost is calculated to be N$ 64 000. Calculate the number of bags required for the
farmer to break even?
[5]
3.2. When embarking on an agribusiness venture, what decisions need to be made prior to
implementation?
.[6]
3.3. Recently the food prices have been increasing tremendously in Namibia, Discussthe
major factors/reasons why food prices are escalating.
[10]
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3.4. Why has International trade in agricultural food products occurred, Discuss with regard
to Namibia's economy?
[8]
3.5. What are the advantages and disadvantages of partnership in business?
[7]
Question 4
4.1. Read the following information carefully and compile a cash flow statement for three
month ( from January to March 2009)
[17]
The transaction that pertain to complete the cash flow statement are:
111 Cash on hand on December 31-2008 was N$1000
111 The total sales were N$50000, N$60000 and N$70000 on each month respectively.
From this sales 20% was sold on credit that is going to be collected on the following
year.
111 The farmer received cash from his consultant work to the neighbour farmers of
N$2000 on each month
111 He paid N$2500 monthly for water and electricity bill,
111 Household expenditure is N$6000 monthly
111 Monthly labour cost was N$2000
111 Licks account for N$1000 on each month
111 He receive 10% for his positive bank balance, and paid10% for bank over draft
allowance
Total [100]