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Questions and Answers
What is the purpose of the farm business cycle?
The purpose of the farm business cycle is to develop a business orientation and build farmers' capacity in entrepreneurial and management skills.
What does the planning step involve?
The planning step involves exploring options and making decisions to achieve an objective or goal.
What does the implementing step of the farm business cycle involve?
The implementing step involves organizing, producing, monitoring, and marketing.
What is the first step of the farm business cycle?
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What is the final step of the farm business cycle?
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True or false: The farm business cycle helps farmers develop entrepreneurial and management skills.
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True or false: The first step of the farm business cycle is diagnosis and finding opportunities.
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True or false: The planning step involves exploring options and making decisions.
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True or false: The implementing step involves organizing, producing, monitoring, and marketing.
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True or false: The final step of the farm business cycle is evaluating whether or not the plan worked.
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