Summary: Designed for the one-semester introductory course in farm management, this text introduces students to basic business management concepts and shows how these can be applied to the management of farms and ranches. This new edition up-dates information on agriculture and farm management. Some of its other features include: the Farm Financial Standards Task Force (FFSTF) recommendations; a focus on the manager's role in decision making; an expalnation of economic princi
ples, budgeting procedures, information systems which provide data on which to base decisions, and planning techniques that are used to analyze the information and draw conclusions; and a discussion of alternatives and strategies for acquiring agricultural resources. Different forms of business organization, methods for analyzing new investments, risk management strategies, income tax management, and whole farm business analysis is also included. --This text refers to an out of print or unavailable edition of this title.
Summary: Designed for the one-semester introductory course in farm management, this text introduces students to basic business management concepts and shows how these can be applied to the management of farms and ranches. This new edition up-dates information on agriculture and farm management. Some of its other features include: the Farm Financial Standards Task Force (FFSTF) recommendations; a focus on the manager's role in decision making; an expalnation of economic principles, budgeting procedures, information systems which provide data on which to base decisions, and planning techniques that are used to analyze the information and draw conclusions; and a discussion of alternatives and strategies for acquiring agricultural resources. Different forms of business organization, methods for analyzing new investments, risk management strategies, income tax management, and whole farm business analysis is also included. --This text refers to an out of print or unavailable edition of this title. ...show less
Edition/Copyright:7TH 12 Cover: Hardback Publisher:McGraw-Hill Publishing Company Published: 02/04/2011 International: No
View Table of Contents
Table of Contents Part 1 Management 1 Farm Management in the Twenty-First Century 2 Management and Decision Making Part 2 Measuring Management Performance 3 Acquiring and Organizing Management Information 4 The Balance Sheet and Its Analysis 5 The Income Statement and Its Analysis 6 Farm Business Analysis Part 3 Applying Economic Principles 7 Economic Principles - Choosing Production Levels 8 Economic Principles - Choosing Input and Output Combinations 9 Cost Concepts in Economics Part 4 Budgeting for Greater Profit 10 Enterprise Budgeting 11 Whole-Farm Planning 12 Partial Budgeting 13 Cash Flow Budgeting Part 5 Improving Management Skills 14 Farm Business Organization and Transfer 15 Managing Risk and Uncertainty 16 Managing Income Taxes 17 Investment Analysis 18 Enterprise Analysis Part 6 Acquiring Resources for Management 19 Capital and Credit 20 Land - Control and Use 21 Human Resource Management 22 Machinery Management
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