|A review of farm management concepts and principles. The manager's environment (legal, social, political, economic, environmental). The nature of farmers' goals and objectives. The concept and principles of planning. Budgeting techniques: profit and loss budget, partial budget, cashflow budget, balance sheet. Optimisation techniques in management : Linear Programming. Use of Solver (Microsoft Excel). The nature of agricultural decision-making. The decision-making process. Agricultural enterprise control: Principles and Practices. Evaluation of agribusiness performance : comparative agribusiness analysis, balance sheet analysis. The farm business survey. Budgetary control. Class exercises, case studies and seminars.
Administrative assistant: Kajol Jogarah