Agricultural Business Management And Finance

1. Define agricultural business, finance, credit, marketing, planning, farm records, and accounts.
2. Explain the components and sectors of agricultural management and management decisions.
3. Identify types of agricultural business management and organizations and their characteristics.
4. Explain the economics of agricultural processing and marketing.
5. Determine the importance of keeping farm records and accounts.
6. Prepare balance sheets and profit and loss accounts for farm enterprises.

13 weeks, about 38 hours in total. Yours will differ.

1. Week 1Module 1: The Scope of Agricultural Business and Management

   • Unit 1: Meaning and Scope of Agricultural Business · 2 hours

     Define agricultural business and its scope.. Explain the importance of agricultural business in the economy.. Identify the components and sectors of agricultural business..

   • Unit 2: Management Decisions In Agricultural Business and Management · 2 hours

     Define management and its vital functions.. Explain the main decisions in agricultural business.. Classify management decisions into organizational, administrative, and marketing categories..

2. Week 2Module 2: Types of Agricultural Business Management and Organisations

   • Unit 1: Sole Proprietorship · 2 hours

     Define sole proprietorship and its characteristics.. Explain the advantages and disadvantages of sole proprietorship.. Analyze the role of sole proprietorship in agricultural businesses..

   • Unit 2: The Partnership · 2 hours

     Define partnership and its types.. Explain the advantages and disadvantages of partnership.. Understand the concept of 'Deed of Partnership'..

3. Week 3Module 2: Types of Agricultural Business Management and Organisations

   • Unit 3: Limited Liability Company · 2 hours

     Define limited liability company and its characteristics.. Explain the formation process of a limited liability company.. Analyze the advantages and disadvantages of limited liability companies..

   • Unit 4: Cooperative Society · 2 hours

     Define cooperative society and its characteristics.. Describe the various types of cooperative societies.. Analyze the advantages and disadvantages of cooperative societies..

4. Week 4Module 3: Production Planning

   • Unit 1: Meaning of Production and Planning, Types of Production and Planning · 2 hours

     Define production and its types.. Define production planning and its types.. Understand the importance of production planning in agriculture..

5. Week 5Module 3: Production Planning

   • Unit 2: Why Planning is Necessary, Characteristics of Good Plan and Factors to be Considered in Production Planning · 2 hours

     Explain why planning is necessary in agricultural production.. Outline the characteristics of a good production plan.. Identify the factors to be considered in production planning..

6. Week 6Module 3: Production Planning

   • Unit 3: Advantages of Production Planning, Uses of Planning and Guiding Principles of Planning · 2 hours

     Explain the advantages of production planning.. State the uses of planning in agricultural businesses.. Highlight the guiding principles of planning and its limitations..

7. Week 7Module 4: Economics of Agricultural Processing and Marketing Management

   • Unit 1: The Concept of Processing, Contribution of Agro-Processing and Constraints Relating to Agro-Processing · 2 hours

     Define processing and agro-processing.. Discuss the contributions of agro-processing to the economy.. Highlight the constraints relating to agro-processing in Nigeria..

8. Week 8Module 4: Economics of Agricultural Processing and Marketing Management

   • Unit 2: Meaning of Marketing and Marketing Management: Concept of Agricultural Marketing and Pre-requisites for Efficient Agricultural Marketing · 2 hours

     Define marketing and marketing management.. Explain the concept of agricultural marketing.. Highlight the pre-requisites for efficient agricultural marketing..

9. Week 9Module 4: Economics of Agricultural Processing and Marketing Management

   • Unit 3: Functions of Agricultural Marketing and Functions of an Agricultural Marketing Manager · 2 hours

     Define a marketing function.. List and explain the functions of agricultural marketing.. List and discuss the functions of an agricultural marketing manager..

10. Week 10Module 4: Economics of Agricultural Processing and Marketing Management

    • Unit 4: Problems in Agricultural Marketing and Solution to the Problems · 2 hours

      Outline and explain the problems of agricultural marketing.. Highlight measures to solve the problems of agricultural marketing..

11. Week 11Module 5: Agricultural Finance and Farm Credit

    • Unit 1: Meaning and Features of Agricultural Finance · 2 hours

      Define agricultural finance.. Explain macro and micro aspects of agricultural finance.. Discuss the features of agricultural finance..

    • Unit 2: Problems of Agricultural Finance and Suggestions to Improve Agricultural Finance · 2 hours

      Discuss the problems of agricultural finance.. Discuss suggestions to improve agricultural finance..

12. Week 12Module 5: Agricultural Finance and Farm Credit

    • Unit 3: Meaning, Classification and Characteristics of Agricultural Credit · 2 hours

      Define or explain credit.. Discuss the characteristics of agricultural credit.. Highlight the classification of agricultural credit..

    • Unit 4: Criteria and Requisites for Agricultural Credit, Sources of Agricultural Credit and Collateral Security for Loans · 2 hours

      Highlight criteria for agricultural credit.. State the requisites of a good credit system.. Identify various sources of agricultural credit and collateral security for loans..

13. Week 13Module 6: Farm Records, Accounting and Inventory

    • Unit 1: Meaning of Farm Records and Accounting, Importance and Types of Farm Records and Accounts · 2 hours

      Define farm record and account.. Give reasons for keeping farm records and accounts.. Explain the various types of farm records and accounts..

    • Unit 4: Problems and Difficulties in Farm Accounting · 2 hours

      Explain the concept of accounting.. Discuss the problems and difficulties of farm accounting.. Explain the concept of inventory and farm inventory.. State the object of inventory and highlight the procedure for preparing an inventory.. List and explain methods for valuing the inventory..