Standardized Methods for Improving Farm Decisions - Production and Financial Performance Standards in Ranch Management

James M. McGrann

No 346259, 9th Congress, Budapest, Hungary, 1993 from International Farm Management Association

Abstract: National ranch financial statement and beef cattle enterprise production and financial performance measuring standardization has been developed through consensus agreement of users. The standards are becoming an important management tool in the United States. Standardization facilitates education, data base development and more effective performance analysis. Measuring performance is necessary to manage for performance. Opportunities exist for greater standardization of measures and terminology in farm and ranch management internationally and would greatly facilitate international exchange of performance information.

Keywords: Productivity Analysis; Farm Management (search for similar items in EconPapers)
Pages: 7
Date: 1993
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ifma93:346259

DOI: 10.22004/ag.econ.346259

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