Liebig’s Law for a tractor

There are the same economic categories in agribusiness, as in any other kind of business. Therefore, efficiency is measured in money earned per unit of investment. The issue of economic efficiency somehow related to small, medium-sized and big companies. That is why, top manager (or owner) has to make the exact budget planning and procurement, based on the nature of company.

In the base of agribusiness there are the same economic categories, as in any other kind of business. Therefore, performance is measured in money earned per unit of investment. The issue of economic efficiency somehow related and small, and medium and large companies. That is why, top manager (or owner) has the exact budget planning and procurement, based on the specific entity.

Taras Kornienko ( Director of production and agricultural development of Agricom Group )

Newspaper “Agromarket“, June 2016