OL for week 1:
Subject: Agribusiness Management (A192)
1. AGRIBUSINESS MANAGEMENT: SCOPE, FUNCTIONS AND TASKS
The business of agribusiness
The key functions of management in Agribusiness
The three primary sectors of the food system
Career in Agriculture:
What is Agribusiness Management video:
Agribusiness Management Program:
Discussion Questions:
- List and define the four functions of agribusiness management
- What are five reasons the agribusiness sector may be considered unique? How or why could agribusiness firms and firms outside the agribusiness sectors make different decision in similar situations?
- What are three significant trends facing food retailers? How have these impacted the food retailing industry?
- Why have away-from-home eating establishments become so popular? Do you expect this trend to continue? Why or why not?
- Environmental regulations and public acceptance of biotechnology were mentioned as importance issues facing production agriculture, and hence input supply firms. Take one of these two issues, or the broader social issue of your choice, and outline some of the key implications of the issue for firms manufacturing and distributing inputs to farmers.
OL for week 2:
2.0 MANAGING THE AGRIBUSINESS
The importance of good management
The Four Functions of Management –Planning, Organizing, Directing and Controlling.
Management by exception
Importance of good management
4 FUNCTION OF MANAGEMENT
management by exception
Discussion Questions:
- Why is business management referred to as a profession rather than a discipline? What is the difference between a discipline and a profession?
- Business managers practice management just as a physician practices medicine or a lawyer practices law. Do you agree or disagree with this statement? Explain your answer.
- What is the difference between business management and leadership?
- Describe the decision-making process.
- List the four functions of management and describe how they interact to permit a firm to succeed.
- Agribusiness management is described as a dynamic, continuous process. Do you agree or disagree? Explain your answer.
- What is the difference between efficiency and effectiveness?
- What is a manger? What are some roles of a manager? What are some functions of a manager? What makes the manager position a continuous process?
