Theoretical background and evolution of the concept of an agribusiness. Unique characteristics of the food and agribusiness industries locally and internationally. Size, scope and importance of the food production and marketing system. Overview of the input supply sector, the production agriculture sector, and the food sector. Managerial functions in an agribusiness. Tools for effective decision making in a VUCA environment. Leadership versus management of an agribusiness. Financial management of an agribusiness. Supply chain management in the agrifood sector. Human resource management in agribusinesses.