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

– It deals with product-product relationship.

– It helps in determination of optimum product combination.

–  Major goal of this law is profit maximization.

– This law guides farm manager in making decision about what to produce.

i.e.  increasing in return > decrease in return

Or ∆Y1 × PY1 > ∆Y2 × PY2

Or ∆Y2   <   PY1

      —           —

    ∆Y1       PY2

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