THEORETICAL ASPECTS OF THE SYNERGY EFFECT ON DIVERSIFIED FARMERS' FARMS

Authors

  • Dovilė Liaudanskaitė Vytautas Magnus University Agriculture Academy

Keywords:

diversification, diversified farms, objectives of diversification, synergy, synergy effect

Abstract

The main goal of the article is to review the importance of the emergence of the synergy effect in diversified farmers' farms. Methods of analysis and generalization of scientific sources were used to solve the tasks of work. Analyzing the obtained results and conclusions, it was observed that diversification strengthens the farm, helps it to survive in the market, better use available resources and create additional benefits for the farm. Diversifying the farm aims to increase profits, reduce risks and costs and achieve a synergy effect. Synergy creates additional benefits for the farm by combining different activities into a single whole.

Published

2024-10-24

Issue

Section

Management of agri-business and other bioeconomy business organizations