Developing methods for strategic evaluation in agricultural research and production
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We analyze instruments to evaluate investment strategies as new options for co-operatives within the wheat
production chain. Using a value-based management the extension of our concept, a “cooperative balanced scorecard”
is discussed as we propose the further differentiation of the scorecard’s financial perspective. This is a market
development-driven approach as cooperatives may be regarded as commodity-price-intermediators for their members.
Proposing this approach we use a simple model of conjoint-hedging in intermediating firms within agribusiness.