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A Comparative Analysis of Strategic Management Practices in Michigan Agribusiness Firms: 1992 vs. 2012

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  • Lopes, Miguel Vieira

Abstract

Over the past 20 years the agribusiness industry has been subject to a number of transformations and shocks that have altered its business environment and management practices. This thesis sets out to try to understand how the Michigan industry has changed in this period, and to understand if strategic management practices and performance are correlated. Data for this study was collected from Michigan agribusinesses at two time periods, 1992 and 2012. A comparative analysis indicates that Michigan agribusinesses have become larger, more diverse, and have increased their adoption of strategic planning activities. Furthermore, these practices were found to be positively correlated with performance.

Suggested Citation

  • Lopes, Miguel Vieira, 2012. "A Comparative Analysis of Strategic Management Practices in Michigan Agribusiness Firms: 1992 vs. 2012," Graduate Research Master's Degree Plan B Papers 142014, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    • Handle: RePEc:ags:midagr:142014
    DOI: 10.22004/ag.econ.142014
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    File URL: https://ageconsearch.umn.edu/record/142014/files/LopesPlanB.pdf
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    References listed on IDEAS

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    6. Thune, Stanley S. & House, Robert J., 1970. "Where long-range planning pays off Findings of a survey of formal, informal planners," Business Horizons, Elsevier, vol. 13(4), pages 81-87, August.
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    Cited by:

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    2. Mohamud Jama Ali & Elegwa Mukulu & John M. Kihoro & Joyce D. Nzulwa, 2016. "Moderating Effect of Firm Size on the Relationship between Functional Integration and Firm Performance," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 6(9), pages 38-57, September.

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