Course Content
Introduction to agribusiness management- definition, Scope and importance; concept of business management
Basic concept and definitions of firms, plant, industry and their interrelationships with respect to agricultural production
Agribusiness environment, management systems, and managerial decisions
Cooperatives- concept, definitions, role, organization, structure, cooperative law and bylaws, developing agriculture cooperatives, cooperative marketing, cooperative farming
Learn agribusiness management, marketing and cooperatives with Braimy- B.Sc Agriculture
About Lesson



1. Imperfect knowledge that may result to adversity and loss where the probabilities of the possible outcomes are known.

1. Uncertainty refers to situations where it is not possible to attach probabilities to the occurrence of events. The likelihood of their occurrence is never known by the decision maker or by anyone else

2. Probability can be estimated.

2. Probability cannot be estimated.

3. Possible to guess.

3. Not possible to guess.

4. Can be insurable.

For example: Fail/pass= 1⁄2= 0.5<1.

4. Can’t insurable.

For example: Bird flue

Join the conversation
Scroll to Top