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ABM720S - AGRIBUSINESS MANAGEMENT - 1ST OPP - NOV 2022 |
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nAml BIA UnlVERSITY
OF SCIEnCE Ano TECHnOLOGY
FACULTYOF HEALTH,APPLIEDSCIENCEAND NATURAL RESOURCES
DEPARTMENT OF AGRICULTUREAND NATURAL RESOURCESSCIENCES
QUALIFICATION: Bachelor of Science in Agriculture
QUALIFICATION CODE:07BAGA
LEVEL:NQF Level 6
COURSE:Agribusiness Management
COURSECODE:ABM720S
DATE: November 2022
DURATION: 3 Hours
MARKS: 100
FIRSTOPPORTUNITY EXAMINATION QUESTION PAPER
EXAMINER(S): I Mr C. L. Akashambatwa
MODERATOR: I Mrs. P. Kamenye
THIS QUESTION PAPERCONSISTSOF 3 PAGES
(INCCLUDING THIS FRONT PAGE)
INSTRUCTIONS
1. Answer ALL the questions.
2. Write clearly and neatly.
3. Number the answers clearly.
PERMISSIBLEMATERIALS
1. Examination paper.
2. Examination script.
3. Calculator
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Question 1
1.1. Explain what Agribusiness is and explore further what it involves
[3]
1.2. How would you describe the evolution of Agriculture? Keeping in mind the green
revolution
[4]
1.3. When embarking on an agribusiness venture, what decisions need to be made prior to
implementation?
[4]
1.4. Name the four basic business structures
[4]
1.5. When you analyse the market situation of the business, what are the main factors that
are needed to be considered
[4]
Question 2
2.1. Explain what agribusiness system is
[2]
2.2. One of the activities involved in agribusiness system is Inputs, explain what this activity
entails and what is its significance to the agribusiness industry?
[2]
2.3. Describe in full, characteristics of a good manager
[SJ
2.4. In short, list the six principles of decision making
[6]
2.5. Explain what strategic management is
[3]
Question 3
3.1. Agronomic board of Namibia introduced MSP in 2016. Explain what MSP stand
for and what are its intended benefits to the agribusiness in Namibia
[6]
3.2. One of the four functions of management is planning. Explain what is planning
[4]
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3.3. Define agriculture marketing
[2]
3.4. Name and explain the agricultural marketing cycle
[3]
3.5. What is the difference between income statement and balance sheet
[4]
3.6. Discuss briefly the technical skills that are needed to be a successful manager
[4]
Question 4
4.1. 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]
4.2 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]
4.3. Budgeting is an essential part of successful agribusiness management. As a production
manager, you are expected to draft enterprise and cashflow budgets for various commodities
been produced at your firm. Now, construct an enterprise budget for a crop commodity
(maize) for the first time on a virgin land of 10 hectares
[10]
TOTAL MARKS [100]
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