Managing the Modern Farm Business: Module 3: Measuring Degrees of Risk

Leonard Bauer, Don Bushe, and Frank Novak ( 2003 )

Summary

The third module presents methods that the manager can use to calculate risk exposure and make effective comparisons of alternate actions. How is return measured objectively? How is variability measured objectively? What is the probability of a low return? What are the chances of obtaining a high return? These are the problems, questions, and challenges addressed in this module.

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University of Alberta Extension

Publisher

University of Alberta

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Written Material