rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Agribusiness strategic planning under risk
  name:
    name part: Gray, Allan Wayne
    name part: 1970-
    role:
      role term: creator
  type of resource: text
  genre: bibliography
  origin info:
    place:
      place term: xx
    date issued: 1998
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: print
    extent: xiii, 240 leaves : illustrations ; 28 cm.
  abstract: Strategic planning for agribusiness has become . increasingly important in the swiftly changing economic environment of agriculture. Agribusinesses that can anticipate and correctly respond to changes in the economic environment can improve their chances for success. However, the risk faced by agribusinesses has likely increased because of the changing needs of the clientele and the uncertainty in volume associated with increased planting flexibility in the 1996 FMR act. Agribusinesses that can explore various strategic alternatives can position themselves to increase or maintain profits and reduce risk exposure while meeting the ever-changing needs of its clientele. The objective of this research was to quantify the probabilistic economic and financial outcomes of alternative strategic actions for an agribusiness operating in a risky economic environment, in a manner useful to management. To meet the objective a model capable of simulating the financial activity of a diverse agribusiness firm under risk was developed. By meeting the objective, the decision-makers were provided with a source of information for estimating the risks involved in the business. Alternatives for reducing the likelihood of adverse risks, transferring risk to other parties, and/or building capacity to bear risks were also examined. The decision-makers were able to use the new information in conjunction with the level of risk they were willing to carry in making decisions among the alternatives. A multi-division cooperative was used as the case study to validate the model's ability to reasonably reflect the economic activity of an agribusiness. Results from the analysis were presented to the management. Management then defined two alternative strategic actions to be analyzed. The alternative strategic actions were presented to the board of directors to aid in the decision-making process. Results indicated that the board, by their questions, obviously related to the risk management context of…
  note: by Allan Wayne Gray.
  note: Vita.
  note: Issued also on microfiche from University Microfilm Inc.
  note: Ph. D. Texas A&M University 1998.
  note: Includes bibliographical references: pages 158-159.
  subject:
    topic: Major agricultural economics
  identifier: 99-03123 UMI
  identifier: http://proxy.library.tamu.edu/login
  related item:
    location:
      url: http://proxy.library.tamu.edu/login
  record info:
    record content source: TXA
    record creation date: 990408
    record change date: 20190325093421.0
    record identifier: in00001479331