Theorists have long recognized that managerial ability is important in achieving the objectives of the firm. In spite of the acknowledged importance of managerial ability, no much is actually known about it, and there is not widely accepted measure of it. The present study, like previous studies, will focus its attention on problem recognition as an explicit step in managerial performance and assume that certain biographical variables will help explain variations in the degree of problem recognition. Unlike previous studies, however, this study will view problem recognition as a continuous variable, use some measures of farmer’ values in addition to the usual biographical variables, and us a multiple regression model to observe net measurements.
South Dakota State University
Schultz, Ray S., "Problem Recognition Among Farm Operators" (1967). Agricultural Experiment Station Technical Bulletins (1939-2011). 40.