Synopsis
This text was developed for the first course in Farm Management. It was designed to introduce students to the key concepts on how to effectively manage a farm business. The fifth edition provides students with the basic information needed to measure management performance, financial progress, and the financial condition of the farm business.
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From the Publisher
Chapter 1 on "Farm Management in the 21st Century" responds to changes coming in the farm business that, "will require a new type of manager..able to absorb, organize, and use large amounts of information, particularly that related to new technologies." This gets students thinking about farm management practices in a way that will allow them to compete in the future.
More emphasis on Strategic Planning in chapter 1
"Chapter Objectives", "Chapter Summaries", as well as "Questions for review" are helpful learning tools for students.
Terminology and Guidelines in Part 2, (the accounting section), are based on standards maintained by the Farm Financial Standards Council.
On-line exercises that support the text content provide students with practical technological methods for solving problems.
"About this title" may belong to another edition of this title.
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Farm management: Planning, control, and implementation
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