Farm Management Principles - JSS3 Agricultural Science Lesson Note
Farm management involves the strategic planning and efficient operation of agricultural enterprises. Key principles include:
- Decision-Making: Rational choices based on a thorough understanding of the farm's resources, goals, and market conditions.
- Resource Allocation: Efficient use of land, labour, capital, and technology to maximise productivity and profitability.
- Risk Management: Developing strategies to mitigate uncertainties in agriculture, such as weather variability and market fluctuations.