@article{Savchenko:312080,
      recid = {312080},
      author = {Savchenko, Olesya M. and Fleming, Patrick M. and Zambito,  Kellie},
      title = {The Future of Four Creeks Farm: Scale-Up, Diversify, or  Exit?},
      journal = {Applied Economics Teaching Resources (AETR)},
      address = {2021-06},
      year = {2021},
      note = {<a href="https://form.jotform.com/91565767216163">Request  Teaching Notes for this article</a>},
      abstract = {This decision-scenario case study is designed to be  suitable for both online and face-to-face instruction in an  undergraduate-level agribusiness, agricultural policy, or  business strategy course. The case challenges students to  assume the role of decision makers for a struggling  family-owned dairy farm to determine whether the farm  should scale-up, diversify, or exit the industry. Students  will (1) learn about the unique features of the U.S. dairy  market and domestic government support policies for dairy  farms, (2) understand the challenges facing small  family-operated farms, (3) apply strategic management tools  to analyze and select the best strategic option to ensure  short-term and long-term survival of the farm, and (4)  advance critical thinking and decision-making skills. This  case study is versatile and can be adapted to a variety of  classroom settings. It can also facilitate broader  discussions of management decisions facing agricultural  businesses operating outside of the dairy industry.},
      url = {http://ageconsearch.umn.edu/record/312080},
      doi = {https://doi.org/10.22004/ag.econ.312080},
}