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Agribusiness Manager

Agribusiness Manager. Successful Manager. Successful Managers. Technically knowledgeable Products Services Effective leader Good communicator Everyone Especially firm workers Technical skills Business management Inventory management Accounting Forecasting

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Agribusiness Manager

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  1. Agribusiness Manager Successful Manager

  2. Successful Managers • Technically knowledgeable • Products • Services • Effective leader • Good communicator • Everyone • Especially firm workers • Technical skills • Business management • Inventory management • Accounting • Forecasting • Mix the right proportions --- Why management is an art supported by science

  3. Problem Identification Following up Determining alternative Courses of action Implementing decision Analyzing alternatives Selecting best alternatives Six Steps in Decision Making

  4. Four Functions of Management Planning Dynamic Continuous Process Directing Organizing Controlling

  5. Planning Functions • Objective of planning: • Put firm in best possible position • Relative to future business conditions • Customer demands • Planning begins • Developing organization • Marketing plan

  6. Planning Functions Marketing Plan • First item: • Define firm’s purpose • Second item: • Statement of firm’s objective

  7. Organizing Function • Development of organizational scheme • Accomplish firm’s purpose & objective efficiently and effectively • Selection of legal structure • Sole proprietorship • Partnership • Cooperative or corporation

  8. Concerned with giving management feedback Firm’s progress towards Goals set in planning Include measure Individual’s progress Progress entire departments and business Controlling Function

  9. Directing Function • Implementation three management functions • Planning • Organizing • Controlling • Successful directing relies strongly • Good leadership skills to accomplish mission • Success of directing function • Dependent on managers’ ability to motivate employees • Can not be a good manager before being a great leader

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