Tag: Importance of decision making

This topic will focus on the implications of the economic principles such as risks, uncertainties and the law of diminishing returns and its implications to farmers in Zimbabwe. It will also explain the ways of inimizing risks.

Agri-business  is a branch  of agriculture  that  deals with  the  financial  management   of  a  farm  as  a business. Farming is a business that should be profitable and therefore it must be managed properly through   applying   economic   principles.   Farmers engage in generating money. It is important that farmers keep and manage financial records.