1. Lesson 6

2. 1. Explain the fundamental relationship between seller and buyer of a product; 2. Differentiate between the importance of individual customer trust in a seller’s product and the institution- alized trust of food grades and standards; 3. Identify methods can use to develop a personal brand of trust with their customers; 4. Describe successful strategies aimed at improving a customer’s trust of a food product and the food supplier. 5. List and provide examples of the four-step customer service process.

3.  How would you prepare for a soccer game?  What things do you need to do to win?  What do you need to know?  What materials and equipment do you need?  What challenges do you need to plan for?  Where might you encounter discouragement?  What kinds of things are you able to control?  What kinds of things are you unable to control?

4.  The most important management function.  Agricultural businesses can use strategic plans to contend with their environment.  Plans provide direction of purposes and policies that define the business.  Plans are important in laying out a future course of action for the business.  Planning is a continuous process

5.  Where is the business now?  Where is the business going?  Where should the business be going?  How is the business going to get where it is supposed to be going?

6.  Cooperative committees agree to the strategic planning process.  They explore the need to plan.  Using resource persons from outside can provide insight and observations.  The committee (directors) must accept responsibility for decisions

7.  They decide who will be involved and the persons responsible.  Using resource persons from outside can provide insight and observations.  The committee (directors) must accept responsibility for decisions

8. A. Create a mission statement.  Define the philosophy and values of the cooperative and how it deals with its environment.  The mission statement should focus on activities the cooperative conducts.  States the needs.  Communicates why the cooperative exists.  The mission statement answers four questions.  What does the cooperative do?  Who are the clients?  Who are its members?  How does the cooperative conduct its self? 

9.  Don’t confuse a mission statement with a vision statement.  Vision statements tell where cooperatives are going.  Mission statements tell how the cooperative will get there. B. Identify and evaluate the strategic options for the business.  Each option should be described briefly.  Policy questions should be addressed relative to the option.  Determine the consequences of not addressing the option

10. A. Choose a Strategic Option 1. Several choices may be apparent and planning committees may have to choose. 2. Easy choice may not be best choice. 3. The choice may require a vote of members. 4. Any new direction must have support of the majority of the membership. 5. Sometimes to complete a business strategy, simply move ahead. 6. Other times strategy will require new location, new services, new products

11. B. An objective is a short-term practical target related to a goal.  Objectives are specific, measurable, and time-bound.  Several objectives may be needed to meet a goal. C. Action plans are specific tasks to be performed to achieve objectives. D. Implement the plan(s).

12.  Continual evaluation to determine how plans measure up

13.  Set the tone and pace for planning.  Analyze the cooperative position.  Proposing objectives.  Provide ideas for possible strategies.  Setting time periods.  Maintaining control of strategic planning procedures.  Developing resources.  Propose needed changes.  Evaluate strategic plans.