"Analyzing Managerial Decisions: Leaving New York City for the Farmlands of Illinois”

In: Business and Management

Submitted By twoods123
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Chapter 8 Case Study
"Analyzing Managerial Decisions: Leaving New York City for the Farmlands of Illinois”

It’s stated that in the “National Agricultural Statistics Services (NASS) that referred to corn production have ranged 698 to 980 million bushel over the past seven years. Facts show that 100 million ethanol plants will require 35 million bushel or 4 to 5 percent of production”. Advice that was given was a great benefit. Moving from a big fast pace city like New York; to a quiet town such as a farm would be very challenging but more interesting than anything. If the regulations and laws were passed to “produce more corn-based ethanol in the United States” stuff likes this I would definitely move. I would also use experience from my knowledge of my working skills to profit at an advanced price. Being able to buy lots of land would be great change. Being that I would not be missing any money out of this deal but improvement income although I would not be profiting from anything. Also waiting is like losing big time, risky business, if farming becomes something I dislike I still would sell farmland at higher profit regardless. Regardless I would be winning.

Reference
Brickley, J., Smith, C., & ZImmerman, J.(2009). Managerial Economics and Organizational Architecture. Boston: McGraw-Hill Irwin.
Corn-Based Ethanol in Illinois and the U.S.: A Report from the Department of Agricultural and Consumer Economics, University of Illinois . (2007, November 4). Corn-Based Ethanol in Illinois and the U.S.: A Report from the Department of Agricultural and Consumer Economics, University of Illinois . Retrieved June 1, 2014, from…...

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