Answer:

1. Farm management refers to the process of planning, organizing, and controlling the various activities and resources involved in operating a farm or agricultural enterprise. This includes tasks such as budgeting, crop and livestock production, marketing, labor management, and financial analysis.

2. Farm management can help farm owners in several ways. By implementing effective management practices, farm owners can increase productivity, reduce costs, and maximize profits. They can also make informed decisions regarding resource allocation, crop selection, and marketing strategies, which can lead to better outcomes for the farm.

3. Farm management is important to farm owners for several reasons. First, effective management practices can help ensure the long-term sustainability of the farm by optimizing the use of resources and minimizing waste. Second, it can help the farm owner make informed decisions about investments and expansion, helping to ensure the continued growth and success of the business. Finally, effective management can help mitigate risks and uncertainties associated with farming, such as weather patterns, disease outbreaks, or market volatility.