Agro – Business Management

1. Understand the fundamentals of agro-business management.
2. Apply financial analysis techniques to agro-business enterprises.
3. Develop effective marketing strategies for agro-business products.
4. Implement planning and control functions in agro-business organizations.
5. Analyze the various forms of agro-business enterprises and their financial management.

13 weeks, about 41 hours in total. Yours will differ.

1. Week 1Module 1:

   • Unit 1: The Concept of Agriculture · 2 hours

     Read the introduction and background of agriculture.. Understand the role of agriculture in Nigeria's economy.. Identify efforts to improve agriculture, such as Fadama Development Project..

   • Unit 2: The Concept of Business · 2 hours

     Define business and its various types.. Examine the obligations of business to customers, workers, and investors.. Understand the ethical considerations in business operations..

2. Week 2Module 1:

   • Unit 3: The Concept of Agribusiness · 2 hours

     Define agribusiness and its components.. Differentiate between supplies, farm production, and processing aspects of agribusiness.. Analyze the coordination required between technology and economics in agribusiness..

   • Unit 4: The Concept of Agro-business · 2 hours

     Relate agribusiness to agro-industries.. Examine the utilization of crops in producing agro-products.. Assess the potentials of agro-business in the Nigerian economy..

3. Week 3Module 1:

   • Unit 5: Steps involved in establishing Agro-business Enterprises · 3 hours

     Appraise the economic needs of an agro-business.. Conduct a feasibility study, considering fixed and variable costs.. Select an appropriate form of business and articles of incorporation..

4. Week 4Module 2:

   • Unit 1: Forms of Agro-business Enterprises · 3 hours

     Identify different forms of agro-business enterprises: sole proprietorship, partnership, companies.. Analyze the advantages and disadvantages of each form.. Understand the importance of selecting the proper form of business..

5. Week 5Module 2:

   • Unit 2: Sources of Finance for Agro-business Enterprises · 3 hours

     Explore formal sources of finance: commercial banks, community banks, merchant banks.. Examine informal sources of finance and their limitations.. Identify problems facing formal sources of finance, such as lack of collateral..

6. Week 6Module 2:

   • Unit 3: The Concept of Management · 3 hours

     Define management and its approaches.. Discuss management theories and principles by Fredrick Taylor and Henry Fayol.. Identify elements and principles of management..

7. Week 7Module 2:

   • Unit 4: Planning in Agro-business Organizations · 3 hours

     Understand the nature of planning and its essential features.. Classify plans: corporate, strategic, and tactical.. Follow the steps in the planning process and characteristics of a good plan..

8. Week 8Module 2:

   • Unit 5: Staffing as Management Function in Agro-business · 3 hours

     Understand the nature of staffing and the recruitment process.. Examine manager selection and the process of placement.. Analyze the importance of effective staffing in agro-business..

9. Week 9Module 3:

   • Unit 1: Management Function of Controlling in Agro-business · 3 hours

     Understand the nature of controlling in agro-business.. Examine the requirements of an effective control system.. Follow the steps in the control process and subordinates' reactions to supervisory control..

10. Week 10Module 3:

    • Unit 2: Coordinating as a Management Function in Agro-business · 3 hours

      Understand the nature of coordinating in agro-business.. Examine approaches to achieving effective coordination.. Analyze the use of committees, staff meetings, and effective communication..

11. Week 11Module 3:

    • Unit 3: Financial Analysis in Agro-business Enterprises · 3 hours

      Understand the concept of financial analysis and financial ratios.. Examine solvency, asset management, debt management, and profitability ratios.. Apply financial ratios to analyze agro-business performance..

12. Week 12Module 3:

    • Unit 4: Budgets and Budget Control for Agro-business · 3 hours

      Understand the concept of budget and budget control.. Examine operating and financial budgets.. Apply financial control methods, including balance sheets and income statements..

13. Week 13Module 3:

    • Unit 5: Marketing of Agro-business Product · 3 hours

      Understand the concept of marketing and the marketing mix.. Examine the elements of the marketing mix: product, price, place, and promotion.. Analyze marketing functions and their application to agro-business products..