Ag. Econ. 50 (DVM 2nd Sem 2012-2013 Farm Management)

AG. ECON 50

Farm Management

Exercise Number 1

FARM ENTERPRISE ORGANIZATION & INVENTORY OF RESOURCES

Most often, the success of the firm operation will depend to the kind of the business organizational structure that they are following. Effective management is attributed by the skills of the personnel within organization. The kind of resources used for the production and operation of the business are likewise the determinant factors for the success of the organization.  

Objectives:

1.  Identify Agribusiness firm who is engaging business for the commodity that you choice for Project Feasibility study in Isabela.

2.  Know the type and structure of organization, the personnel involves, duties and responsibilities.

3. Conduct an inventory of the resources that they are utilizing for business operation. Get the quantity, unit price, total value, economic life span or useful life, depreciation cost per year, and its book value.

4. Determine the layout of the farm looking its vital facilities. This should be supported with snap shoots from google map and show its location coordinates.

Procedure:

1.      Make a group into two members.

2.      Look for an agribusiness firm which you assigned that engage in livestock and poultry production.

3.      Gather the following data:

a.       Document the history of farm development, Vision, Mission, Goals and Objectives;

b.   Determine the type and structure of the organization, personnel involve in the operation, duties and responsibilities.

c.       Determine the strength and weaknesses of the firm.

d.      Strategies in production and operation of the firm.

e. Conduct an inventory of all the resources

f. Make a farm layout showing the vital installation of their major facilities.

g. Take a snap shoots from google map showing its location coordinates.

4.      Compare your agribusiness firm to other firm that are study by the other group.

Questions:

1.      How and what are the style of management adopted by the manager of the farm?

2.   What are the major problems that affect to the management of the firm? How they it solve?

3.      What are the strategies that they implement in order to improve the operation of the firm?

4. What are the primary facilities and equipment which are used by the farm. 

5. What are the major differences of your firm to other firms in relation to organizational structure, management setup and decision making processes.