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Corporate Or Limited Liability Companies in Agriculture
A Limited Liability Company is an expansion of the partnership principle. It aims at securing a better method of mobilizing financial resources. The company comes into existence when a number… Read More
Definition and Scope of Farm Business Management
Farm management comprises two words: ‘farm’ and ‘management.’ Literally, ‘farm’ means a piece of land where crops and livestock enterprises are undertaken under common management and have specific boundaries. ‘Management’… Read More
Cooperative Society in Agriculture
A Cooperative Society is a form of business voluntarily owned, organized, and operated by members for their mutual benefits. Unlike corporate businesses, control lies with the members, and no individual… Read More
Organization of Farm Set-Up
In this article, the organization of the farm set-up is discussed. Success in farming as an ongoing and viable venture requires that the farmer organizes the farm from the onset… Read More
Objectives of Farm Management
In this article, the objectives of farm management are discussed. The central issue in any economic analysis is the problem of limited resources, or resource scarcity. The ability of any… Read More
Attributes and Functions of A Farm Manager
The success in farm management requires the capacity and ability on the part of the farmer to make correct decisions. Decision-making on the part of the farm manager is one… Read More
Farm Business Analysis
The basis of progress and success in business is experience. Without suitable records and accurate interpretation of them, however, much of the value of experience is lost. Accounts preserve experience,… Read More
Meaning of Marketing Efficiency in Farm Management
Efficiency in the agricultural industry is the most frequently used measure of market performance. Marketing efficiency is a common objective of farmers, food marketing firms, consumers, and other participants. Efficiency… Read More
Free Trade versus Protection in Agriculture
In the previous article, the advantages of unrestricted international trade were discussed. However, despite these benefits, all countries use various means to protect their economies. This article explores why countries,… Read More
Nigerian Organizations and International Marketing in Agriculture
The Nigerian government has always encouraged Nigerians to engage in international business activities. Because of this, several agencies have been set up to encourage such activities. There are many agencies… Read More
An Overview of Agricultural Insurance Scheme in Nigeria
In this article, the agricultural insurance scheme government put in place to mitigate the adverse effects of production and distribution of agricultural products in the country is discussed. Nigerian Agricultural… Read More
Concept and Elements of Agricultural Commodity Marketing
The term ‘commodity’ is commonly used to refer to basic agricultural products that are either in their raw form or have undergone only primary processing. Examples include cereals, coffee, cocoa… Read More