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National Open University Exam Past Question – AEM 509 October, 2013 Examination

NATIONAL OPEN UNIVERSITY OF NIGERIA AEM 509 AGRICULTURAL BUSINESS MANAGEMEMT

14/16, Ahmadu Bello Way, Victoria Island

 

SCHOOL OF SCIENCE AND TECHNOLOGY October, 2013 Examination

 

COURSE CODE:  AEM 509

 

COURSE TITLE:  AGRICULTURAL BUSINESS MANAGEMEMT ANSWER 5 QUESTIONS ONLY

ALL QUESTIONS CARRY EQUAL MARKS                TIME: 2 HOURS: 30 MINUTES

 

 

(1) (2) Explain 5 marketing techniques you can use to increase your sales. (4 marks each)
a. State 5 characteristics of a good manager. (2 mks each)
b. State 5 methods used in assessing worth of farm asset. (1 mk each)
c. List 5 taxes payable to local government. (1 mk each)
(3) a. List and discuss briefly the 3 marketing structural analysis. (5 mks each)
  b. List 5 services involved in agribusiness. (1 mk each)
(4) a. Explain briefly the 3 Types of Business Organizations under the  
  Companies and Allied Matters Commission Act. (4 mks)
  1. b. State 4 steps required as guide in the process of selecting agribusiness

 

enterprise.                                                                                                             (2 mks each) (5)    a. What is an agribusiness cooperative?                                                              (5 mks)

  1. b. Explain planning and organizing functions of agribusiness managem (15 mks)

 

(6)        Write short note on the following.                                                                    (5 mks each)

 

  1. Principles of Farm Valuation and Depreciation. b.  Principles of Substitution in Choice of Practices. c.    Principles of Diminishing Returns.
  2. d. Opportunity Cost Princip
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