This text is developed for the first course in Farm Management, typically taken by a junior/senior level student. Designed to introduce students to the key concepts on how to effectively manage a farm business, the sixth edition provides students with the basic information needed to measure management performance, financial progress, and the financial condition of the 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)