Scope of farm management

• Farm Management deals with the allocation of resources at the level of an individual farm.
• The Primary concern of farm management is the farm as a unit.
• Thus, the types of enterprises to be combined, the kinds of crops and varieties to be grown, the doses of fertilizer to be applied, etc. fall within the scope of farm management.
• The subject matter of farm management includes the following important steps for successful completion of any production activities with maximum benefit from both economic and social point of view. They are:

1.Selection of enterprises

2.Allocation of resources for each enterprise

3.Developing an efficient farm plan

4.Arrange for marketing of agricultural products

5.Capital management and financing the business

6.Maintenance of farm records

7.Adjustment farm business according to government policy and programmes