Get premium membership and access revision papers, questions with answers as well as video lessons.

Agec 343/243: Farm Management Question Paper

Agec 343/243: Farm Management

Course:Bachelor Of Agribusiness Management

Institution: Chuka University question papers

Exam Year:2013

CHUKA

UNIVERSITY

UNIVERSITY EXAMINATIONS
EXAMINATIONS FOR THE AWARD OF DEGREE IN BACHELOR OF AGRIBUSINESS MANAGEMEN
AGEC 343/243: FARM MANAGEMENT
STREAMS: AGEC/ANSC TIME: 2 HOURS
DAY/DATE: THURSDAY 18/4/2013 8.30 AM – 10.30 AM
INSTRUCTIONS:

Answer question one and any other two
Do not write on the question paper.

QUESTION ONE

(i) Discuss giving appropriate examples the productive resources that are important in a farm
business. [6 Marks]

(ii) Planning is an important aspect of farm business explain the characteristics of a good
farm plan. [10 Marks]

(iii) A farmer who produces beef and eggs is thinking to change his enterprises to maize production. The average cost of maize production amounts to Ksh 20000 per acre and the price of maize is Ksh 2000 per bag. At what yield will the farm begin to make profit if the farmer change to the new enterprise. Advise the farmer on the conditions which he will use to decide whether to change to the new enterprise or not. [8 Marks]

(iv) Distinguish among the following types of budget:

(a) Complete budget. [2 Marks]

(b) Partial budget. [2 Marks]

(c) Break even budgeting. [2 Marks]
QUESTION TWO

Discuss giving practical examples the business principles that are important in farm management
[20 Marks]
QUESTION THREE

(i) Explain the major types of farm enterprises. [4 Marks]

(ii) What is your understanding of farm surveys? [2 Marks]

(iii) Discuss the methods used in ranking investment proposals where two or more proposals are mutually exclusive. [12 Marks]

(iv) Distinguish between risk and uncertainty as used in farm management. [2 Marks]

QUESTION FOUR

(i) Discuss the various performance indicators that can be used in the analysis of farm enterprises. [10 Marks]

(ii) Discuss various methods of analyzing farm management data for the determination of relationships and establishments of management principles. [10 Marks]

---------------------------------------------------------------------------------------------------------------------

Agec 343/243: Farm Management Question Paper

More Question Papers

Popular Exams