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Discuss the importance of budgeting in agricultural production.

Discuss the importance of budgeting in agricultural production.

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gideon
Farmers are able to predict profitability of enterprises
Farmers detect problems easily and fixes them in time.
Farmers compare alternative projects and so make management decisions.
Helps make effective changes in the organizations.
Ensures analysis of the farm business periodically.
Helps estimate required production resources e.g labour,capital.
Helps to decide enterprise viability.
Encourage efficiency thus meeting project targets.
gideon1 answered the question on November 1, 2017 at 08:53

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