apn301t decision making and characteristics of environment 06082013

7/29/2019 Apn301t Decision Making and Characteristics of Environment 06082013

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MOTSEO, D.T.!!!

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Growth in productivity is mainly theresult of cooperation between

management, workers & workers

themselves.

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DECISIONMAKING

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Decisionmaking determines what should be done,

when, how and by who.

These decisions are made at different levels within

the enterprise looking at different business

functional areas, i.e. General management, Finance,

etc.

These decisions-making levels are:

Strategic/Top Vision, Mission, Objectives

Functional/Middle Objectives, Management of

functions.

Operational/First Daily activity decisions here


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Top

Middle

Low

Strategic

Functional

Operational


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TOP MIDDLE FIRST

Strategic Functional Operational

Long-term Medium-term Short-term

3 10 years 1 3 years 1 year or less

Broad

general

guidelines

Focuses on

activities of the

enterprise

Daily

activities


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Decisionmaking process can be broken down

into several logical and orderly steps:

1. Identification & definition of problem oropportunity,

2. Identification of Decision Criteria orSolution,

3. Allocation of weights to criteria or

solutions,

4. Development of alternative criteria orsolution


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5. Collect data and information

6. Analysis of alternatives

7. Implementation of decision

8. Monitor and evaluation of decision

9. Accept responsibility

NB. These steps are a guarantee


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LEARNING OUTCOMES

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At the end of this section a student is expected to:

Explain Decision making as a process

Identify characteristics of a decision-making

environment in SA

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CHARACTERISTICS OF DECISION-MAKINGENVIRONMENT IN AGRICULTURE

Biological &Weatherprocesses

The decision made in farming acknowledgethe limitations from physical and biological

laws of nature.

Fixed landsize

by 2025 the per-capita land base foragricultural will be less than half what it was

in 1965 Type of ownership is critical

Size of

enterprise

This refers to the enterprise operation

SA has a dualistic farming sector.

Laborrelations

The South African Labour Relations

System Strikes, abuse of privileges etc.


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Affirmativeaction &diversity

Affirmative action is the purposeful effort

to benefit blacks and females who have

historically been disadvantaged (Marx etal. 1998)

NB. Conflict reduces productivity (Marx et al. 1998)

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Perfect

competition

Choices of production are limited and

homogeneous across al involved in theindustry.

NB. It is only through diversification that a difference in return

and pricing is realised. Niche area markets can also be

profitable


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Farm management information system

In this case we are referring to farm records.

All what is contained in these records has a direct relation

to the four factors of production in agriculture


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Farm planning

Risk management (Demonstrate how r isk is

simulated be as b rief as possible)


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THANK YOU!!

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apn301t decision making and characteristics of environment 06082013

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