Nursery Quiz 1

Nursery Production and Management

Industry situation: Covid 19

During the COVID-19 pandemic, most nurseries enjoyed increased sales, and the positive sales growth has continued in recent years

Business interruptions created by pandemic-related supply chain constraints are starting to eas

Industry situation:

Production and labor costs have increased considerably (~10%) with inflation

Many nurseries are adjusting inventories amid an uncertain, gloomy economic outlook

Business planning process:

What’s important to us? What do we have? What do we want? How do we get there? How are we doing?

Your motivations for planning likely depend on your position in the business cycle: 1. Start/begin 2. Growth 3. Consolidate 4.Transfer/sell

Three core principles of the planning process:

Strategic: guides and directs efforts, with participation from stakeholders, towards a long-term vision for the business but remain flexible over time

Comprehensive: recognizes that real-world challenges are complex and integrates expertise from multiple departments and stakeholders

Socially inclusive: utilizes a collaborative, socially inclusive proces

What is mission statement:

This mission statement helps to clarify the nursery’s goals and values, guiding its operations and decisions.
What the business does?
Who it serves?

What it aims to achieve?