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Name THREE advantages of good planning - NSC Agricultural Management Practices - Question 3 - 2022 - Paper 1

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Name THREE advantages of good planning. 3.2 Name TWO human relationship skills that will apply to a farmer as an entrepreneur who wants to start a new agricultural... show full transcript

Worked Solution & Example Answer:Name THREE advantages of good planning - NSC Agricultural Management Practices - Question 3 - 2022 - Paper 1

Step 1

Name THREE advantages of good planning.

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Answer

Good planning leads to the following advantages:

  1. Focus on aims and objectives: It helps in clarifying goals, ensuring that all efforts are directed towards achieving them.

  2. Increased efficiency: Planning allows for better coordination of resources and time management, thereby improving overall productivity.

  3. Risk management: Anticipating challenges and preparing for them reduces uncertainties and increases the likelihood of success.

Step 2

Name TWO human relationship skills that will apply to a farmer as an entrepreneur who wants to start a new agricultural enterprise.

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Answer

The two essential human relationship skills are:

  1. Communication Skills: This ensures clear expression of ideas and directives, fostering a collaborative work environment.

  2. Negotiation Skills: The ability to negotiate effectively with suppliers, clients, and employees is crucial for successful business relationships.

Step 3

List FOUR components of the existing business plan that will have to be altered to make provision for the new livestock enterprise.

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Answer

The four components include:

  1. Financial plan: Budget adjustments may be necessary to accommodate costs associated with livestock.

  2. Market analysis: Assessing the demand and competition in the livestock sector.

  3. Operational plan: Updating processes and workflows to incorporate livestock management.

  4. Risk analysis: Identifying new risks associated with livestock production and developing mitigation strategies.

Step 4

Discuss THREE factors that the farmer has to consider when starting the new enterprise.

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The three important factors include:

  1. Availability of resources: Ensuring sufficient feed, water, and shelter for the livestock.

  2. Market demand: Researching consumer preferences and market trends for livestock products.

  3. Legal requirements: Understanding and complying with regulations related to livestock farming, including health and safety standards.

Step 5

Identify the marketing concept that is illustrated by the flow chart at D.

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Answer

The marketing concept illustrated at D is Consumer Orientation. This emphasizes the importance of understanding and meeting the needs of consumers in the market.

Step 6

State TWO factors that may hamper the marketing of the product at stage D.

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Answer

Factors that may hamper marketing include:

  1. Lack of storage facilities: Inadequate storage can lead to spoilage and wastage of products.

  2. Inadequate transport methods: Poor transportation can delay delivery, affecting freshness and availability.

Step 7

Indicate TWO actions that will improve the marketing between A and D.

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To improve marketing, actions such as:

  1. Improving access to market information: This ensures timely and informed decision-making.

  2. Providing storage facilities to prevent oversupply: This helps in maintaining product quality and meeting market demands.

Step 8

Name FOUR marketing functions.

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Answer

The four marketing functions are:

  1. Transport: Ensuring products reach the market efficiently.

  2. Storage: Maintaining product quality until sold.

  3. Packaging: Protecting products and making them market-ready.

  4. Selling: Directly engaging with consumers to drive sales.

Step 9

Use the information in the table above to draw TWO line graphs on the same axes, one for supply and one for demand.

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Graph 1 should display the Supply curve, showing an upward slope, while Graph 2 should display the Demand curve, showing a downward slope. Each axis must be labeled appropriately with Price (R/kg) on the Y-axis and Quantity (kg) on the X-axis.

Step 10

Determine the equilibrium price for the products in the table above.

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Answer

The equilibrium price for the products is R14,00, where the quantity supplied equals the quantity demanded.

Step 11

Calculate what will happen if the demand doubles and the supply increases by only 20% at the price of R18,00. Show ALL the steps. Also draw a conclusion on the availability and price of the product.

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Answer

If demand doubles:

  • Initial demand: 950 kg at R18,00.
  • New demand: 950 x 2 = 1900 kg.

If supply increases by 20%:

  • Initial supply at R18: 950 kg.
  • New supply: 950 x 1.2 = 1140 kg.

Conclusion: The new demand (1900 kg) exceeds the new supply (1140 kg), indicating a shortage, which could drive prices higher.

Step 12

Identify the marketing system shown in the picture above.

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Answer

The marketing system illustrated is known as Direct Marketing. This system involves selling products directly from the producer to the consumer.

Step 13

Compare the price stability of the marketing system identified in QUESTION 3.7.1 with cooperative marketing.

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Answer

Direct marketing tends to experience more price fluctuation due to supply and demand variability, while cooperative marketing can stabilize prices by pooling resources and sharing market risks among farmers.

Step 14

Critically analyse the influence of the Consumer Protection Act (Act 68 of 2008) on the marketing system shown in the picture above.

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Answer

The Consumer Protection Act promotes fair trade practices, ensuring consumers are treated fairly and receive accurate information about products, which bolsters consumer confidence and enhances market stability.

Step 15

Define the term farm management.

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Answer

Farm management refers to the process of planning, organizing, directing, and controlling the farm's resources and activities to achieve specific agricultural goals and maximize profitability.

Step 16

State TWO possible steps a farmer has to implement for effective control of workers on a farm.

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Answer

Two key steps include:

  1. Setting standards: Establishing clear guidelines and performance expectations for workers.

  2. Evaluating achievements: Regularly assessing worker performance against established standards to ensure accountability.

Step 17

Choose ONE item from the list above which is addressed by EACH of the following Acts: Basic Conditions of Employment Act, 1997 (Act 75 of 1997).

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The item addressed is Working hours. This Act stipulates regulations surrounding maximum working hours for employees.

Step 18

Choose ONE item from the list above which is addressed by EACH of the following Acts: Labour Relations Act, 1995 (Act 66 of 1995).

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The item addressed is Affiliation to trade unions and right to strike. This Act protects workers' rights to unionize and participate in industrial action.

Step 19

Choose ONE item from the list above which is addressed by EACH of the following Acts: Skills Development Act, 1998 (Act 97 of 1998).

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The item addressed is Intended to develop the skills of the workforce. This Act focuses on enhancing worker skills for improved productivity.

Step 20

Choose ONE item from the list above which is addressed by EACH of the following Acts: Extension of Security of Tenure Act, 1997 (Act 62 of 1997).

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Answer

The item addressed is Conditions for termination of service. This Act regulates the legal procedures for termination to protect workers' rights.

Step 21

Explain how a farmer can motivate farm workers through effective communication.

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Answer

A farmer can motivate farm workers by:

  1. Encouraging open dialogue: Creating an environment where workers feel comfortable to share ideas and concerns fosters loyalty and engagement.

  2. Regular feedback: Providing constructive feedback on performance helps workers understand their strengths and areas for improvement, motivating them to excel.

Step 22

Name the main purpose of farm product advertising.

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Answer

The main purpose of farm product advertising is to inform and persuade consumers, promoting awareness of products and encouraging sales.

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