Handbook

In this subject, students will be introduced to the application of financial business management, economic and risk management principles to decision making in agribusiness and agricultural systems. Major areas of study include: agribusiness management and decision making principles; managing risk and decision making under uncertainty; historical and projected agribusiness productivity and financial analysis; benchmarking & best practice analysis; analysing and acquiring capital resources; and accounting for sustainability and environmental agribusiness assets. Students will develop a framework on how to assess and measure risk, and formulate strategies to reduce it from a qualitative and quantitative perspective. Students will also examine the influence of the decision maker through individual bias and decision making heuristics.