EFFICIENCY EVALUATION OF BUSINESS PLANS IN PLANT PRODUCTION PUBLISHEDZ. Rajić, Ivana Ljubanović-Ralević, Nebojša Ralević, Dragana Đurić
Decision making about investment acceptance is always based on the intention of the investor to gain certain income during the investment period. The integral analysis of economic effectiveness of investment is based on the analysis of economic success, liquidity, and risk, as a three basic components of investment process. Unfavourable financing conditions require from the owner of the household to make plans for lucrative businesses. This kind of planning considers formulation of expectations in the future, especially the relations between inputs and outputs, products prices and production costs. In crop production planning the rule of the highest revenue on limited resources should be applied. Before formulating alternative plans in crop production, special attention should be paid to intensity of soil usage. The selection of production lines depends on the most productive and the most lucrative crop system.
plant production; business plan; efficiency