New times, new challenges for farm management

Webster, J.

New times, new challenges for farm management - 2003 - Farm Management 11(9) July 2003, 553-566(8) .

Explores some of the challenges facing practitioners and students of the subject of farm management. The first part of the paper analyses the drivers of change in the environment within which managers have to operate. Technological change, input and product market changes and policy changes are each identified and discussed. The second part investigates the limitations of the conventional model of risky decision making. Argues that since many farmers face decisions which have serious consequences and are often irreversible, these limitations merit critical examination and research. (Taken from journal headnote).


FARM MANAGEMENT
FARM INCOMES
TECHNICAL INFORMATION
RISK
DECISION MAKING