Lesson Notes By Weeks and Term v4 - SHS 1
AGRIBUSINESS MANAGEMENT
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AGRIBUSINESS MANAGEMENT
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Subject: Agriculture
Class: SHS 1
Term: 2nd Term
Week: 20
Grade code: 1.5.3.LI.1
Strand code: 5
Sub-strand code: 3
Content standard code: 1.5.2.CS.1
Indicator code: 1.5.3.LI.1
Theme: AGRICULTURAL ECONOMICS, AGRIBUSINESS AND COMMUNICATION
Subtheme: AGRIBUSINESS MANAGEMENT
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Welcome, future leaders of Ghana's agricultural sector! Today, we are moving beyond just planting seeds and raising animals. We are going to explore how to turn farming into a successful and profitable business. This is the world of Agribusiness Management. In a country like Ghana, where agriculture is the backbone of our economy, understanding how to manage farms and agricultural companies as businesses is crucial for creating jobs, ensuring food security, and building wealth for our communities. This lesson will equip you with the foundational knowledge of the key activities that make an agribusiness thrive.
What is Agribusiness? Agribusiness is not just farming. It is the sum of all operations involved in the production and distribution of food and fibre. It includes: Input Supply: Businesses that provide farmers with seeds, fertilizers, tools, and machinery (e.g., An accredited agro-chemical shop in your district). Production: The actual farming or raising of crops and animals (e.g., A cocoa farm in the Ahafo Region, a tilapia farm on the Volta Lake). Processing/Value Addition: Transforming raw farm products into other forms (e.g., Blue Skies company processing pineapples into fruit juice, a local woman processing cassava into gari or konkonte). Marketing & Distribution: All activities that move the product from the farm to the final consumer (e.g., Transporting yams from the Northern Region to Makola Market in Accra).
In simple terms, Agribusiness is the business of agriculture. What is Agribusiness Management? Agribusiness Management is the application of business principles and management functions to the operations of an agribusiness. It involves making decisions and using available resources (land, labour, capital, equipment) to achieve the goals of the agribusiness, which is usually to make a profit while operating sustainably.
Think of a manager as the driver of a tro-tro. The driver must plan the route (Planning), make sure the car is in good condition and the mate is ready (Organising), steer the car and control the speed (Directing/Leading), and check the fuel and destination to ensure they arrive safely (Controlling). Similarly, an agribusiness manager performs several key activities.
Key Activities in Agribusiness Management and Their Functions