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Hoover Seeds, inc.: A Period of Transition

Author

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  • David A. Widmar
  • Allan W. Gray
  • Michael Gunderson

Abstract

Hoover Seeds is a fictional case study written to illustrate the challenges faced by food and agribusiness firms that are transitioning from small, entrepreneurial businesses to larger, more professionally managed enterprises. Though fictional, the competitive and financial situation of Hoover Seeds is based on realistic facts. The case introduces Dan Hoover, the Chief Executive Officer of Hoover Seeds, Inc., a small, family-owned and operated seed company in Ohio. Founded by his grandfather, Dan has worked his way up the ranks of the company and, now leading the company, has worked to expand market share. The case study details the sales, production, administration, and finances of the firm. Exhibit A includes a full set of financial statements over four years. The case also has industry context with market, customer, and competitor details.

Suggested Citation

  • David A. Widmar & Allan W. Gray & Michael Gunderson, 2015. "Hoover Seeds, inc.: A Period of Transition," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 97(2), pages 628-634.
    • Handle: RePEc:oup:ajagec:v:97:y:2015:i:2:p:628-634.
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    File URL: http://hdl.handle.net/10.1093/ajae/aau110
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    Cited by:

    1. Lec, Chien-Hsing & Liu, Chih-Fang & Yain, Yu-Cheng & Lin, Chien-Ho, 2020. "New agriculture business model in Taiwan," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 23(5), January.

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