Factors of Production: Farm Manager – JSS1 Agricultural Science Lesson Note (Third Term)

Management, also called the entrepreneur, is the person or group of persons who combine the other factors of production (land, labour and capital) to produce goods and services. On a farm, the farm manager is usually the entrepreneur. Management decides what and when to produce, supervises the work and earns profit as its reward.

Behavioural objectives

By the end of the lesson, students should be able to:

• Explain what management (the entrepreneur) is.
• State the duties of a farm manager.
• List the features of management.
• State the reward for management.

What is management or the entrepreneur?

Management refers to the person or group of persons who coordinate, organise and control the use of other factors of production. In other words, the person(s) who combine other factors of production (land, labour and capital) to produce goods and services is called the entrepreneur or management.

Management determines when to produce, what to produce and the type of production. It also supervises work, recruits workers and determines what to sell to make a profit. The profitability of the farm depends on the management.

What are the features of management?

1. It involves the management skills of an individual or group of persons.
2. Management influences the organisation of other production factors.
3. It coordinates and controls other factors of production.
4. It is involved in decision-making.
5. It determines the level of pay or wages.
6. Management reward is profit.
7. The quality of management influences the output.
8. The cost of management is determined by its quality.

Who is the farm manager?

In agriculture, the farm manager is usually regarded as the entrepreneur. The duties of the farm manager include the organisation, administration, production and marketing of produce from the farm. The reward for management is profit.

Evaluation

1. What is management?
2. List five features of management.
3. State three duties of a farm manager.
4. What is the reward for management?

Assignment

1. Write down the four duties of a farm manager mentioned in the note.
2. Explain why the profitability of a farm depends on its management.