FACTORS OF PRODUCTION – ENTREPRENEUR OR MANAGEMENT

 

 

Subject :Agricultural science

 

Topic :

  FACTORS OF PRODUCTION – ENTREPRENEUR OR MANAGEMENT

 

Class :

Basic 7 / JSS 1

 

Term :


Third Term

 

Week :

Week 11

 

Instructional Materials :

  • Wall chart
  • Textbook
  • Labouer
  • Wages , Salaries or money

 

 

Reference Materials

  • Scheme of Work
  • Online Information
  • Textbooks
  • Workbooks
  • 9 Year Basic Education Curriculum

Previous Knowledge :

The pupils have previous knowledge of

 

 FACTORS OF PRODUCTION – CAPITAL

 

 

Behavioural Objectives :  At the end of the lesson, the pupils should be able to

 

  • Say the  meaning of Labour
  • Meaning of Entrepreneur or Management
  • Characteristics of Management
  • Importance of Entrepreneur or Management in Agricultural Production
  • Mention the characteristics of Labour
  • Highlight the Forms/Sources of Labour Available to Farmers
  • List the Importance of Labour in Agriculture
  • Mention agricultural Activities that Require Labour

 

 

 

FACTORS OF PRODUCTION – ENTREPRENEUR OR MANAGEMENT

CONTENT

  1. Meaning of Entrepreneur or Management
  2. Characteristics of Management
  3. Importance of Entrepreneur or Management in Agricultural Production

 

Meaning of Entrepreneur or Management

An entrepreneur or management refers to the person or group of persons who organize, co-ordinate and control the use of other factors of production. This is the person responsible for directing the affairs of the farm’s administration.

He is the farm manager and the ultimate risk bearer. He takes important managerial decisions involving:

  1. what to produce
  2. how much to produce
  3. where to produce
  4. what methods of production to use
  5. where to sell the produce and
  6. when and how to sell the produce

Characteristics of Management

The following are the characteristics of management:

  1. It is neither variable nor fixed.
  2. The cost of management is determined by its quality.
  3. It involves the use of mental energy in production.
  4. Its quality influences output.
  5. Its reward is profit.

Importance of Entrepreneur or Management in Agricultural Production

The importance of the entrepreneur or management in agricultural production include the following:

  1. It co-ordinates and controls other factors of production
  2. It takes decisions about the farm business.
  3. It manages the farm business in order to make profit.
  4. It determines the level of pay or wages.
  5. Management influences the organization.

 

 

 

 

 

 

 

 

Presentation

The topic is presented step by step

 

Step 1:

The class teacher revises the previous topics

 

Step 2.

He introduces the new topic

 

Step 3:

The class teacher allows the pupils to give their own examples and he corrects them when the needs arise

 

:

 

.

EVALUATION

  1. Define entrepreneur
  2. Enumerate five characteristics of entrepreneur
  3. State four importance of entrepreneur or management in agricultural production.

 

Conclusion :

 

The class teacher wraps up or conclude the lesson by giving out short note to summarize the topic that he or she has just taught.

The class teacher also goes round to make sure that the notes are well copied or well written by the pupils.

He or she does the necessary corrections when and where  the needs arise.

 

Assignment :

Prepare for the next lesson by reading about

 

EXAMINATION

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