Farm management : principles and strategies
Olson, Kent D.2004
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Emphasizes the strategic and operations aspects of managing a farm. This textbook includes budgeting, marketing, enterprise selection, production planning, financial analysis, financial management, investment analysis, risk management, work force management, business organization, and control management.
Main title:
Farm management : principles and strategies / Kent D. Olson.
Author:
Imprint:
Ames, Iowa ; [Great Britain] : Iowa State Press, c2004.
Collation:
xiii, 429 p. : ill. ; 27 cm.
Contents:
The scope of farm managementThe farming environmentThe functions of managementThe decision processThe farm business life cycleA business planStrategic managementA game planCrafting a strategyStrategic planningStrategy implementationStrategic controlMarketing planMarketing plan componentsHistorical price patternsGeneral price forecasting methodsMarketing controlBudgetingGeneral budget terminologyTypes of budgetsMicroeconomic principles for managementBudget developmentProduction and operations managementProcess mappingImproving the current processEnterprise selectionInput supply managementScheduling operationsQuality management and controlQuality definedThe costs of qualityQuality managementProcess controlTools for process improvementFinancial analysisUnderstanding financial statementsMeasures of financial position and performanceInitial analysisDiagnostic analysisFinancial managementSources and uses of capitalCalculating loan paymentsEstimating the cost of creditCash flow managementFinancial controlInvestment analysisThe time value of moneyInvestment analysis (a.k.a. capital budgeting)Land purchase and rentalPurchasing landLand rentalRisk managementSources of riskManaging riskCrop insuranceMaking risky decisionsScenarios for management planningProduction contract evaluationTypes of production contractsEvaluating production contractsA production contract checklistStaffing and organizationHuman and employee needsHuman resource managementBusiness organizationThe future farm managerFarmers' responsesConcluding comments.
ISBN:
9780813804187 (alk paper)
Language:
English
Subject:
BRN:
45793
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