METHODOLOGY AND SOFTWARE APPLICATION FOR CREATION OF BUSINESS PLAN IN ANY AREA OF AGRICULTURAL PRODUCTION

Jonel Subiã†, Claudiu Cicea and Marko Jeloãˆnik

Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2017, vol. 11, issue 1, 887-897

Abstract: The current economic situation in the Republic of Serbia and the Government's recommendation to activate all national resources, including science, in the direction of recovery of the economy, imposed a need for scientific and research activities that would, among other things, result in significant economic and organizational effects in the field of agricultural production. In this research, emphasis was put on the methodology and software application for creation of business plan in the field of livestock production, and as a representative example a bullock fattening project was selected. The assessment of the economic effectiveness of the project was done using static and dynamic methods, as well as methods for assessing investments in conditions of uncertainty. The obtained results of the assessment of the effects of the project show justification of the investment, which is through the realization of the project, not only the price of the source of financing was covered, but above it the profit was made.

Keywords: economic efficiency; investments; business plan; software application; agriculture (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:rom:mancon:v:11:y:2017:i:1:p:887-897

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