Agribusiness Manager

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Agribusiness Manager
Successful Manager
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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

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Six Steps in Decision Making
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Four Functions of Management
Planning
Dynamic Continuous Process
Organizing
Directing
Controlling
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Planning Functions

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

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Planning Functions

• Marketing Plan
• First item
• Define firms purpose
• Second item
• Statement of firms objective

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Organizing Function

• Development of organizational scheme
• Accomplish firms purpose objective
• efficiently and effectively
• Selection of legal structure
• Sole proprietorship
• Partnership
• Cooperative or corporation

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Controlling Function

• Concerned with giving management feedback
• Firms progress towards
• Goals set in planning
• Include measure
• Individuals progress
• Progress entire departments and business

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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