The main objective of this course is to teach the student how agriculture is a business activity like any other business. An agricultural enterprise be it individually owned as a single proprietorship entity or as a registered company faces risks the same way companies in other productive areas do. It also has to take into account costs and break even points in output. The nature and type of competition in markets where it obtains its inputs as well as in markets where it sells its output is of crucial importance to its profitability and longevity. An agricultural enterprise needs to plan and organize its cash flows in the same way as other businesses. Technology is as important to agriculture as it is for any other type of enterprise. Having finished the course the student will see the agricultural enterprise as a living economic entity which needs appropriate care and professional management.