1. After listening to you, read chapter 11 and apply the textbook material to your lecture.
If you want to run a business, there are 3 basics that you need to know, strategy, capacity and management. Capacity, in other words, our ability is the first and foremost thing that you need to know because knowing our ability helps us plan strategic better. When we understand the company’s capacity, the next step is to plan the strategic which appropriates the capacity. Lastly, when everything is all set, management will be the way to make them go in the right direction.
2. Apply to case of Thailand.
Thailand is an agricultural country for hundreds years ago. So, in the past our capacity of agriculture must be great, but now we are losing our efficiency. The first and foremost thing to solve this problem is to look closely at our capacity now and then, so that you can see what makes them worse than before. As for me, I think the reason of this is our resources. For example, Thai farmers are low-educated so they do not know how to develop soil so that they can maximize profits. Therefore, to plan the strategy which appropriates to Thai capacity, we should focus at our human resources.