NATIONAL OPEN UNIVERSITY OF NIGERIA
14/16 AHMADU BELLO WAY, VICTORIA ISLAND, LAGOS
SCHOOL OF SCIENCE AND TECHNOLOGY
MARCH/APRIL 2014 EXAMINATION
COURSE CODE: AEM 716
COURSE TITLE: AGRICULTURAL MARKETING AND COOPERATIVES
TIME ALLOWED: 2 HOURS
INSTRUCTION: ANSWER SECTION A AND ANY OTHER 3 QUESTIONS IN SECTION B
SECTION A: (Compulsory 30 marks)
1a. Enumerate the three distinct types of birds from which poultry farmers have to select their flocks. | |||||
1b. Poultry enterprises typically pass through distinct 5 stages of development. From the table below, fill the 10 blank spaces. | |||||
Item | 1st Stage | 2nd Stage | 3rd Stage | 4th Stage | 5th Stage |
Backyard Poultry | Farm Flock | 1 | 2 | Integrated Egg Production | |
Subdivision of egg production | 3 | 4 | Feed production separate from poultry farms | 5 | Separate enterprises reintegrated as a business |
Main management characteristics | Natural hatching | 6 | 7 | Egg processing plant | 8 |
Type of farming | 9 | Mixed farming | Joint egg and meat production | 10 | Egg complex |
Labour | Part-time | 11 | Full-time | 12 | 13 |
Building | Free range | Water feeder | 14 | Manure disposal equipment | 15 |
SECTION B
(a) The motivation to form cooperative societies has three particular aspects. Enumerate them.
(b) List the underpinning principles that underlie the cooperative enterprise
(a) List the major participants in the marketing of agricultural commodities.
(b) List the different stages involved in agricultural commodities
(c) Mention the significance of each stage in the marketing of agricultural commodities
(a) List the internal and external factors affecting pricing decisions
(b) Briefly explain the external factors affecting pricing decisions
(a) Define the concept of break-even analysis?
(b) How does this concept assist marketers in determining the profitability of a product?
(a) Define elasticity of demand.
(b) What are the factors influencing the price elasticity of demand?
For the 2015 – till date past questions for this course CLICK HERE
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