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Farm Management Principles and Strategies

ISBN-10: 0813804183
ISBN-13: 9780813804187
Edition: 2003
Authors: Kent D. Olson
List price: $109.95 Buy it from $55.37
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Book details

List price: $109.95
Copyright year: 2003
Publisher: John Wiley & Sons, Incorporated
Publication date: 8/18/2003
Binding: Hardcover
Pages: 429
Size: 7.00" wide x 10.00" long x 1.00" tall
Weight: 2.134
Language: English

Kent W. Olson is a Professor of Economics at Oklahoma State University. He has co-authored two textbooks and has written numerous articles that have appeared in Land Economics, National Tax Journal, Social Science Quarterly, Journal of Business and Economics, and American Journal of Economics and Sociology. His research interests include Social Security reform, health care reform, federal budget issues and educational finance. Dr. Olson has served on the faculty of Occidental College, Arizona State University, Indiana University/Purdue University at Indianapolis, and United States International University. He is a member of the Western Economic Association, Southwest Economic Association and is listed in Who's Who in American Men and Women of Science.

Preface
The Scope of Farm Management
The Farming Environment
The Functions of Management
The Decision Process
The Farm Business Life Cycle
A Business Plan
Strategic Management
A Game Plan
Crafting a Strategy
Strategic Planning
Strategy Implementation
Strategic Control
Marketing Plan
Marketing Plan Components
Historical Price Patterns
General Price Forecasting Methods
Marketing Control
Budgeting
General Budget Terminology
Types of Budgets
Microeconomic Principles for Management
Budget Development
Production and Operations Management
Process Mapping
Improving the Current Process
Enterprise Selection
Input Supply Management
Scheduling Operations
Quality Management and Control
Quality Defined
The Costs of Quality
Quality Management
Process Control
Tools for Process Improvement
Financial Analysis
Understanding Financial Statements
Measures of Financial Position and Performance
Initial Analysis
Diagnostic Analysis
Financial Management
Sources and Uses of Capital
Calculating Loan Payments
Estimating the Cost of Credit
Cash Flow Management
Financial Control
Investment Analysis
The Time Value of Money
Investment Analysis (a.k.a. Capital Budgeting)
Land Purchase and Rental
Purchasing Land
Land Rental
Risk Management
Sources of Risk
Managing Risk
Crop Insurance
Making Risky Decisions
Scenarios for Management Planning
Production Contract Evaluation
Types of Production Contracts
Evaluating Production Contracts
A Production Contract Checklist
Staffing and Organization
Human and Employee Needs
Human Resource Management
Business Organization
The Future Farm Manager
Farmers' Responses
Concluding Comments
Appendices
Estimating the Annual Costs of Capital Assets
Estimating Average Annual Machine Costs
Estimating the Annual Costs of Building Services
Supplemental Information for Financial Analysis
Other Financial Measures
Inventory of Resources
Checking Record Accuracy
Estimating Subjective Probabilities
Rules for Estimating Probabilities
Choosing Data Intervals for Probability Estimation
Estimating Subjective Probabilities
Interest Tables
Glossary
Bibliography
Index

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