FACTORS OF PRODUCTION (MANAGEMENT)

Subject :

AGRICULTURAL SCIENCE

Class :

JSS 1

THIRD TERM

:

Week 5

Instructional Materials :

• Wall charts
• Pictures
• Related Online Video
• Flash Cards

Previous Knowledge :

The pupils have previous knowledge of

Factors of Production (Capital)

that was taught in the previous topic

Behavioural Objectives : 

At the end of the lesson pupils should , pupils should be able to

• Mention the importance of MANAGEMENT in the process of agricultural production
• Say the importance of management in agricultural production
• Write out the definition of production management
• Explain the characteristics of a good farm manager

WEEK FIVE

FACTORS OF PRODUCTION (MANAGEMENT)

CONTENT

• DEFINITION
• CHARACTERISTICS
• IMPORTANCE

Management refers to the organization, coordination and control of all factors of production to ensure that the goals of the farm enterprise are met. The goals of any farm enterprise includes

1. Making profit
2. Reducing production cost
3. Providing quality produce (finished or raw)
4. Increase consumer base

FEATURES OF MANAGEMENT

The following are the features or characteristics of management in an agricultural enterprise:

1. Its quality influences output.
2. Its cost is determined by its quality and experience.
3. It is provided by man.
4. Its reward is profit.

IMPORTANCE OF MANAGEMENT are:

1. ensures smooth running of the enterprise.
2. ensures the enterprise is making profit.
3. ensure the effective utilization of other factors of production.
4. ensures that the goal of the farm enterprise are achieved.
5. ensure that all records and accounts are adequately kept.

EVALUATION

1. Who is a farm manager?
2. List three characteristics of a farm manager.

WEEKEND ASSIGNMENT

1. ____ refers to the to the organization, coordination and control of all factors of production to ensure that the goals of the farm enterprise are met A. Management

B. Manager C. Enterprise D. Capital

1. The reward of management is ____ A. labour B. profit C. loss D. interest
2. The cost of management is determined by ____ A. qualification B. quality and inexperience C. quality and experience D. quantity
3. The goal of farm enterprise includes all but A. to make money B. to waste money C. to produce at the right time D. to increase consumer base
4. Management as a job does not involves A. keeping records B. making uninformed

decisions C. determining what to produce D. purchasing farm inputs

THEORY

1. What are the goals of a farm enterprise?
2. Define management.