Horti-Business Management (2+0)

Resources

• Resources: Inputs which are used in the production process to produce an output are called resources in farm management. Eg: - Seeds, fertilizer, pesticide, labour, capital, etc.
  
• Resources may be fixed or variable, flow or stock and natural or manmade.
  
• Fixed resources: Level of some resources is fixed irrespective of the level of enterprise(s) taken up. These are known as fixed farm resources eg: - machinery, implements, buildings.
  
• Variable resources: Level of some resources varies with the level of enterprises taken up and efforts to increase productivity. These resources are called variable resources. Eg:- fertilizer, seeds, etc.
  
• Flow resources: In these resources, if their services are not used, at present it cannot be stored. Eg: (i) if the services of labour are not used today it cannot be stored for tomorrow (ii) Sunshine.
  
• Stock resources: These resources, if not used in one production period, it can be stored for a later period. Eg:- Seed, fertilizer etc.