Highlights
Task:
You are to chooseONEfirm involved in one of these activities (farm to consumer): cereals, vegetables, fruits, oils, meat, fisheries, milk, nuts and eggs, supply of inputs to agricultural/agribusiness production and write a management report. NOTE: This is an essay in a management economics subject, students are required to apply a management economics perspective and draw on theory and practice in writing this report. Management Report You are to write a management report to advise senior management of an agricultural firm or an agribusiness firm (see the list of firms given above) about the implications of significant changes in the business environment that the firm might be encountering soon. In your reportanalysethe main effects and consequences of these changes on your firm and discuss some of the actions that your firm must take to maintain its competitiveness, profitability and survival. Hint: examples of some changes that your firm might be facing may include: ? New competitors, alternative competing products or services ? Government policies to do with climate change/externalities/price stabilization/support/subsidies/trade/interest rates/foreign investment ? Trade restrictions ? COVID-19 effects ? Economic growth and consumer spending ? Input costs affected by price of key inputs ? food safety and regulation controls Notes on how to write the Management Report Firstly, clearly state the purpose of your report, research the topic and include all relevant, up-to-date information. Your conclusion should be based on evidence and theory, not on opinion. Use a variety of resources to explain the nature of the industry and provide advice to the management of the firm. When structuring your report include: Title Page: title, name, date, who the report is for, a short description of what the report is about Table of Contents Introduction: Set the scene, the scope of the report Body: cover key points, and a clear argument The report content should be clear, concise and logical and answer the brief. (Do not discuss something other than what has been asked of you) Conclusion: state the results, restate the main ideas, do not include any new information. Recommendation to management Appendix Citation needs to be done correctly. References: you must provide a least 6 references. Use a variety of resources such as journals, newspapers, articles, books, appropriate websites, brochures, raw data and annual reports. Penalties ? The word count should be between 1500 1650 words. Word count excludes: - title page, executive summary, table of contents, abstract, citations, appendix, and references. A penalty of 10% of available marks (10 marks) will be applied for every 100 words under/over the accepted word count.
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