AGRIBUSINESS MANAGEMENT

MJ

INSTRUCTIONS TO CANDIDATES

Answer Question ONE and any other THREE questions

QUESTION ONE

  1. Write short notes on the following;
  2. Manager                                                                         (2mks)
  3. Management (2mks)
  • Agribusiness Management (2mks)
  1. Vertical integration vs horizontal integration (3mks)
  2. b) Given the information below from Galgalo’s Farm as at 31/03/2017:
ASSETS LIABILITIES
Current Assets                            KES Current Liabilities                    KES
Cash in the bank 50000 Accounts payable 150000
Cash in hand 10000 Promissory notes payable 30000
Prepaid expenses 70000 Taxes payable 25000
Inventory x Wages payable x
Others 75000 Interest payable 50000
    Dividends payable 25000
Total current assets 505000 Total current assets 380000
Long term assets Long term liabilities
Land 1500000 Mortgage loan x
Buildings 800000 Other loans 2000000
Less depreciation @ 5% -40000 Total long term liabilities 2300000
Equipments x    
Less depreciation @ 5% -50000 Total liabilities 2680000
Other assets 300000    
Less depreciation @ 5% -15000 Capital 1320000
Total long term assets 3495000    
Total assets x Total liabilities and

Capital

x

Required:

  1. Calculate the following missing figures and fill the table;
  2. a) Inventory (1mk)
  3. b) Wages payable (1mk)
  4. c) Equipments (1mk)
  5. d) Mortgage loan (1mk)
  6. e) Total Assets and Total Liabilities and capital (2mks)
  7. ii) Compute the following ratios
  8. Current ratio                                                             (2mks)
  9. Quick ratio (2mks)
  • Cash ratio (2mks)
  1. c) A manager is both a scientist as well as Artist. Discuss? (4 mks)

QUESTION TWO

  1. Explain the term” organization” and “organization structure”? Why is an organization structure necessary in a business entity? (8mks)
  2. Discuss the distinctive features of Agribusiness Management.             (7mks)

QUESTION THREE

  1. Explain the principles of scientific management by Henri Fayol. (10mks)
  2. ‘Orders or instructions are the vehicles for messages with proper direction from top to bottom of an organization’ discuss the salient features of good orders.                                                                                (5mks)

QUESTION FOUR

  1. Explain the importance of planning to Agribusiness Enterprises (8mks)
  2. Discuss the characteristics of capital. (7 mks)

QUESTION FIVE

  1. You have been appointed as a Program Officer for a Millet Improvement Project in Embu County by an NGO. Come up with a project cycle highlighting the key activities.                                           (8 mks)
  2. Discuss the constraints in setting up agro-based industries. (7mks)
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