Identification should include
- location
- supply and inventory management
- production and distribution
- organizational structure
- strengths, weaknesses, opportunities, threats (SWOT) analysis of operational plans
- integration of operational efficiency metrics (e.g., production efficiency, resource utilization, supply chain, financial and cost efficiency).
Process/Skill Questions:
- Why is it important to conduct a SWOT analysis of an agribusinesses operational plan?
- Why is location an important component of an agribusinesses operational plan?
- How does an agribusiness’s organizational structure influence its operational plan?