This was developed for the first course in Farm Management,typically taken by a junior/senior level student. It was designed to introduce students to the key concepts on how to effectively manage a Farm Business.
Takes decision making as the central task of a farm manager, and shows how doing it well requires a close analysis of the problem and the application of economic principles, budgeting procedures, and information systems. Among the specific problems considered are whole farm planning, analyzing the balance sheet and income statement, acquiring resources, and credit. Earlier editions were published his 1981 and 1986. Annotation c. Book News, Inc., Portland, OR (booknews.com)
1 Management1 Farm Management in the Twenty-First Century2 Management2 Measuring Management Performance3 Acquiring and Organizing Management Information4 Depreciation and Asset Valuation5 The Balance Sheet and Its Analysis6 The Income Statement and Its Analysis3 Developing Basic Management Skills7 Economic Principles - Choosing Production Levels8 Economic Principles - Choosing Input and Output Combinations9 Cost Concepts in Economics10 Enterprise Budgeting11 Partial Budgeting12 Whole-Farm Planning13 Cash Flow Budgeting4 Improving Management Skills14 Forms of Farm Business Organization15 Managing Risk and Uncertainty16 Managing Income Taxes17 Investment Analysis18 Farm Business Analysis5 Acquiring Resources for Management19 Capital and the Use of Credit20 Land - Control and Use21 Human Resource Management22 Machinery ManagementAppendix