Term
| what has happened to the size and number of farms in recent years? Why? |
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Definition
| The number of farms has decreased, size has increased b/c less people are farming, farms are becoming more vertically integrated, labor saving tech., high fixed costs of tech, farm operators want more $$$ |
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Term
| Problems w/ information age |
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Definition
LOTS of information, important and unnimportant
specific data |
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Term
| changes in information and its analysis lead to.... |
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Definition
| CHANGES IN MGMT, specifically increase in renting/leasing assets, need for standard accting practices, increased need for documentation, urban and rural financial mkts will move closer, need for more outside capital, human resource mgmt more important |
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Term
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Definition
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Term
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Definition
| surveying the business environment |
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