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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http://www.google.co.za/url?sa=i&source=images&cd=&cad=rja&docid=tO8YAIMLVi94yM&tbnid=r7HPCTKFwdWS6M:&ved=0CAgQjRwwAA&url=http://www.illustrationsof.com/1048441-royalty-free-binoculars-clipart-illustration&ei=8_n5UciuELOg7AadloCgCw&psig=AFQjCNFdKcevT7CDjBReUUFaRqz9WFZrMg&ust=1375423347356147http://www.google.co.za/url?sa=i&source=images&cd=&cad=rja&docid=tO8YAIMLVi94yM&tbnid=r7HPCTKFwdWS6M:&ved=0CAgQjRwwAA&url=http://www.illustrationsof.com/1048441-royalty-free-binoculars-clipart-illustration&ei=8_n5UciuELOg7AadloCgCw&psig=AFQjCNFdKcevT7CDjBReUUFaRqz9WFZrMg&ust=1375423347356147http://www.google.co.za/url?sa=i&source=images&cd=&cad=rja&docid=tO8YAIMLVi94yM&tbnid=r7HPCTKFwdWS6M:&ved=0CAgQjRwwAA&url=http://www.illustrationsof.com/1048441-royalty-free-binoculars-clipart-illustration&ei=8_n5UciuELOg7AadloCgCw&psig=AFQjCNFdKcevT7CDjBReUUFaRqz9WFZrMg&ust=1375423347356147 -
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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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