NOUN TMA Questions and Answers: CRD334- Agro – Business Management

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Adele
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NOUN TMA Questions and Answers: CRD334- Agro – Business Management

Postby Adele » Wed Jan 16, 2019 9:54 am

NOUN TMA Questions and Answers: CRD334- Agro – Business Management




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Q1 In ____________death will adversely affect the success of the business

Sole propriet orship

Q2 ___________________commonest and oldest type of business

Sole propriet orship

Q3 ___________ involves legislation

corporation

Q4 ___________ requires only man

Single propri etorship

Q5 ____________ is NOT an example of variable cost

land

Q6 __________costs do not vary with the level of output

fixed

Q7 Staffing includes the following except ________________

directing

Q8 _______________ in management involves the recruitment of personnel

Staffing

Q9 Good plans are NOTcapable of implementation.

FALSE '

Q10 _________________are also referred to as capital goods

farm incom e

Q11 _________ refer to those industries that carry out the production and distribution of farm supplies (inputs) and those that process and distribute food and fibre products

agribusines s

Q12 Processing account for between ________ percent of the value added yields

51 and 60

Q13 There are __________the components of agribusiness

seven (7 )

Q14 Business has obligations to competitors

TRUE'

Q15 Business should ensure that customers have the best products and services at the least cost

TRUE'

Q16 _______________is agriculturally related business, concerned with the production, distribution and processing of food and fibre

agribus iness

Q17 There are ____________ major types of business within the economy

seven (7 )

Q18 Most agricultural produce can be consumed in the state in which they produced

FALSE '

Q19 Most agriculture produce are perishable. TRUE OR FALSE

TRUE'

Q20 Agriculture is in mainly the hands of the scale farmers

Small




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Adele
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Re: NOUN TMA Questions and Answers: CRD334- Agro – Business Management

Postby Adele » Wed Jan 16, 2019 9:56 am

Email: Solutions2tma@gmail.com
Whatsapp: 08155572788

Q21 ________________ deals with determining the most efficient and effective use of resources

tactical

Q22 ________________aims at ascertaining how an organization can compete successfully within its environment

Strategi c plan

Q23 Without __________ the will not have direction

planning

Q24 ______________ usually carried out before the business starts

planning

Q25 Management functions include the following except

taxing

Q26 Discipline is NOT a principle of Management

FALSE '

Q27 Management can be viewed as an art.

TRUE'

Q28 There are __________________ school of thought of management

three (3)

Q29 ___________________ approach involve taking viable decisions

decis ion theory

Q30 Case approach is an example of approaches to management

TRUE'

Q31 ________________ is NOT a formal source of finance

Isusu

Q32 _________________banks are wholesale bankers

Merchant

Q33 Community banks is an example of informal source of finance

FALSE '

Q34 _______________are undertaken by the government

public corpor ation

Q35 ________________enjoys the rewards of economies of scale

public comp any

Q36 A minimum of _____________can form the company

seven (7)

Q37 Companies are of ____________ types

two (2)

Q38 ___________________ is owned and operated by the members for mostly rendering services to members

cooperative s

Q39 ___________ requires two or more people

partnership

Q40 _______________costs vary with the level of output

variab le






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Adele
Posts: 581
Joined: Mon Nov 06, 2017 3:24 pm
Contact:

Re: NOUN TMA Questions and Answers: CRD334- Agro – Business Management

Postby Adele » Wed Jan 16, 2019 9:57 am

Email: Solutions2tma@gmail.com
Whatsapp: 08155572788


Q41 Standards are of _________________ types

seven (7)

Q42 Compliance is NOT a subordinates reaction to supervisory control

FALSE '

Q43 _______________is the regulation of work activities according to plans

controll ing

Q44 ___________ is the measurement and correction of activities of subordinates

controll ing

Q45 ____________ is the last stage in the selection process

Job-offer

Q46 __________involves seeking out prospective employees through various means

recruitment

Q47 __________________ is NOT an agro product of rubber

flour

Q48 __________________ is NOT an agro product of yam

flour

Q49 The degree of change between harvesting and final use is called ____________

selling

Q50 Resource analysis is NOT an element of planning

FALSE '

Q51 Premising is a step in planning process

TRUE'

Q52 _______________ is often used by capital intensive organizations ranging from five years to infinitum

long term

Q53 ____________ type of plan usually runs from one to five years

medium term

Q54 _____________ are sometimes called annual operational plans

Short-term

Q55 ________________ plans are designed by top and middle to meet organizational goal

strategi c

Q56 organizations use __________ main types of plans

two(2)

Q57 Planning is the primary function of management

TRUE'

Q58 Renumeration is a principle of Management

TRUE'

Q59 Tactical planning is usually shortterm in nature and is largely concerned with the problems of strategies plans

TRUE'

Q60 _____________________ approach refers to relationship between those involved in the enterprises

interpersonal behaviour



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Adele
Posts: 581
Joined: Mon Nov 06, 2017 3:24 pm
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Re: NOUN TMA Questions and Answers: CRD334- Agro – Business Management

Postby Adele » Wed Jan 16, 2019 9:59 am

Email: Solutions2tma@gmail.com
Whatsapp: 08155572788


Q61 􀳦?􀳦study requires investigation into the future costs and returns associated with the business

Feasibility

Q62 􀳦?􀳦is owned and operated by members for mostly rendering services to members and assuming the risk collectively

cooperative

Q63 In business registration, agreement is completed to ensure􀳦?􀳦backing

legal

Q64 Which business organization is more fitted for Nigerians?

proprietorship

Q65 Companies are􀳦?􀳦types

two

Q66 A minimum of􀳦?􀳦persons can form public limited company

seve n

Q67 Who funds Public Corporations?

governm ent

Q68 It is pertinent to know the􀳦?􀳦of business organization, extent of control, investment and the profit thereof

cost

Q69 There are􀳦?􀳦main sources of finance for agribusiness enterprise

two

Q70 Small-scale entrepreneurs rely more on􀳦?􀳦sources for funds

inform al

Q71 The process of getting loan from banks are􀳦?􀳦

cumb ersome

Q72 Bank of Industry in Nigeria gives priority to􀳦?􀳦term loan

intermed iate

Q73 􀳦?􀳦 Is the process by which managers create , direct, maintain and operate purposeful organization through systemic coordination

Management

Q74 􀳦?􀳦school of thought regards management as an art that managers are born

First

Q75 􀳦?􀳦 school of thought states that management is a science and can be measured

Seco nd

Q76 􀳦?􀳦discussed on scientific, training and selection of workers

Taylor

Q77 􀳦?􀳦wrote on general and industrial management

Fayol

Q78 Elements of management by Fayol are now􀳦?􀳦

factions

Q79 There are...principles of management according to Fayol

14

Q80 Fixed cost includes the following except:

fertiliz er




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