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FOB412S - FUNDAMENTALS OF AGRIBUSINESS MANAGEMENT - 1ST OPP - NOVEMBER 2025 |
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nAmlBIA unlVERSITY
OF SCIEnCE Ano TECHnOLOGY
FACULTY OF COMMERCE, HUMAN SCIENCES AND EDUCATION
DEPARTMENT OF TECHNICAL AND VOCATIONAL EDUCATION AND TRAINING (TVET)
QUALIFICATION: NUST BRIDGING PROGRAMME -TVET AGRICULTURE STREAM
QUALIFICATION CODE: 04NBTA
LEVEL: 4
COURSE CODE: FOB412S
COURSE NAME: FUNDAMENTALS
OF AGRIBUSINESS MANAGEMENT
SESSION: NOVEMBER 2025
DURATION: 3 HOURS
PAPER: 1
MARKS: 100
FIRST OPPORTUNITY EXAMINATION QUESTION PAPER
EXAMINER(S) MS. E MATALI
MODERATOR: MS. MARTHA L. GORASES
INSTRUCTIONS
1. The paper has 3 SECTIONS (A, Band C).
2. All written work MUST be done in blue or black ink.
3. Show all your work clearly and neatly.
4. Each section must start on a new page.
PERMISSIBLE MATERIALS: 1. Non-Programmable Calculator without the cover
THIS QUESTION PAPER CONSISTS OF_4_ PAGES (Including this front page)
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SECTION A
QUESTION 1
1.1. Briefly define each of the following terms.
a) Entrepreneurship
b) Innovation
c) Human Resource Management (HRM)
d) Employee Record
e) Safety Protocols
[10 marks]
(2 Marks)
(2 Marks)
(2 Marks)
(2 Marks)
(2 Marks)
SECTION B
QUESTION 2
[10 marks]
2.1. Match the terms in Column A with the correct descriptions in Column B. (2 marks
each)
Column A
Column B
1. Strategic Planning
a) Introducing a new product or improving an existing one
2. Product Innovation
b) Long-term planning focused on overall direction
3. Laissez-faire Leadership c) Minimal supervision, high employee autonomy
4. Safety Protocols
d) Procedures and rules to protect workers from hazards
5. Balance Sheet
e) Snapshot of a business's financial position at a specific date
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SECTION C (SHORT ANSWER QUESTIONS)
QUESTION 3
3.1. Define record keeping and explain its importance in agribusiness .
3.2. 3.2. Identify and explain four types of records kept in agribusiness.
3.3. Mention three benefits of digital record-keeping tools.
3.4. Explain the role of planning and organizing in agribusiness management.
3.5. Why is motivation important for employees in agribusiness?
[30 marks]
(5 Marks)
(8 Marks)
(6 Marks)
(6 Marks)
(5 Marks)
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(LONG ANSWER QUESTIONS)
QUESTION 4
[SO marks]
4.1. You are provided with the following information for Green Valley Farms as of 31st
December 2025 . Study the table and answer the questions that follow.
Information
• Assets:
• Owner's Equity:
• Cash in hand : N$ 10,000
•Owner's capital (as of 1st January
2025) : N$ 60,000
• Accounts receivable : N$ 5,000
• Revenue (for the year) :
• Inventory (crops and livestock) : N$ 12,000
• Crop sales: N$ 45,000
• Farm machinery (at cost) : N$ 25,000
• Livestock sales: N$ 25,000
• Land : N$ 50,000
• Expenses (for the year):
• Accumulated depreciation on machinery: • Wages: N$ 20,000
N$ 5,000
• Liabilities :
• Feed and seed : N$ 8,000
• Accounts payable : N$ 7,000
• Depreciation: N$ 5,000
• Bank loan (long-term) : N$ 20,000
• Interest on loan: N$ 2,000
4.1.1. Prepare the Balance Sheet for Green Valley Farms as of 31st December 2025 . (30 Marks)
4.1.2. Prepare the Income Statement fo r the year ending 31st December 2025 . (20 Marks)
END OF PAPER [100]
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