,ETP2601 Assignment 4 Semester 1 [COMPLETE ANSWERS]
Memo | Due 8 May 2025;100% CORRECT AND TRUSTED
SOLUTIONS
Question 1
Ntuthuko Shezi is clear about the goals he wants to achieve for
Livestock Wealth. With reference to the case study, explain to Ntuthuko
how important setting goals is for his livestock business. (10)
Setting clear and strategic goals is crucial for the success and
sustainability of Livestock Wealth (LSW), as it provides
direction, motivation, and measurable benchmarks for growth.
Ntuthuko Shezi has demonstrated through the evolution of LSW
that well-defined goals can transform a start-up into a
multimillion-rand enterprise. Below is a detailed explanation of
the importance of goal setting, with specific reference to the
case study:
1. Provides a Clear Vision and Strategic Direction (2 marks)
Setting goals allows Ntuthuko Shezi to define a clear vision for
the future of Livestock Wealth. His aim to democratise
agricultural investment and give “ordinary citizens an
opportunity to invest in a long-term investment plan” reflects a
visionary goal that guides all aspects of the company. This
vision has been critical in shifting from a cattle-only model to
diversified offerings like macadamia trees, sugar cane, and
smart gardens.
Example from the case: “Our goal is to give ordinary citizens an
opportunity to invest in a long-term investment plan on any
, agricultural product that has the potential to yield great
investments.”
2. Supports Innovation and Business Expansion (2 marks)
Goals drive innovation. Shezi's desire to broaden the platform’s
offerings was a goal that led to the development of the
connected garden system and investment options in organic
vegetables and high-value crops like macadamia nuts. By
setting growth-oriented goals, the business was able to innovate
its services and attract a wider investor base.
Example from the case: “The investment company says it has
now expanded its offerings to include an array of agricultural
assets…”
3. Encourages Effective Resource Allocation and
Management (1 mark)
With concrete goals, Ntuthuko and his team can plan and
allocate resources—such as capital, human talent, and
technology—more efficiently. Managing assets on behalf of 800
investors, coordinating with partner farmers, and overseeing 2
000 cattle across four farms requires structured planning that is
only possible through goal setting.
4. Motivates Team Members and Partner Farmers (1 mark)
Memo | Due 8 May 2025;100% CORRECT AND TRUSTED
SOLUTIONS
Question 1
Ntuthuko Shezi is clear about the goals he wants to achieve for
Livestock Wealth. With reference to the case study, explain to Ntuthuko
how important setting goals is for his livestock business. (10)
Setting clear and strategic goals is crucial for the success and
sustainability of Livestock Wealth (LSW), as it provides
direction, motivation, and measurable benchmarks for growth.
Ntuthuko Shezi has demonstrated through the evolution of LSW
that well-defined goals can transform a start-up into a
multimillion-rand enterprise. Below is a detailed explanation of
the importance of goal setting, with specific reference to the
case study:
1. Provides a Clear Vision and Strategic Direction (2 marks)
Setting goals allows Ntuthuko Shezi to define a clear vision for
the future of Livestock Wealth. His aim to democratise
agricultural investment and give “ordinary citizens an
opportunity to invest in a long-term investment plan” reflects a
visionary goal that guides all aspects of the company. This
vision has been critical in shifting from a cattle-only model to
diversified offerings like macadamia trees, sugar cane, and
smart gardens.
Example from the case: “Our goal is to give ordinary citizens an
opportunity to invest in a long-term investment plan on any
, agricultural product that has the potential to yield great
investments.”
2. Supports Innovation and Business Expansion (2 marks)
Goals drive innovation. Shezi's desire to broaden the platform’s
offerings was a goal that led to the development of the
connected garden system and investment options in organic
vegetables and high-value crops like macadamia nuts. By
setting growth-oriented goals, the business was able to innovate
its services and attract a wider investor base.
Example from the case: “The investment company says it has
now expanded its offerings to include an array of agricultural
assets…”
3. Encourages Effective Resource Allocation and
Management (1 mark)
With concrete goals, Ntuthuko and his team can plan and
allocate resources—such as capital, human talent, and
technology—more efficiently. Managing assets on behalf of 800
investors, coordinating with partner farmers, and overseeing 2
000 cattle across four farms requires structured planning that is
only possible through goal setting.
4. Motivates Team Members and Partner Farmers (1 mark)
