Definition
In sports, a farm team, farm system, feeder team, practice squad, or nursery club, is generally a team or club whose role is to provide experience and training for young players, with an agreement that any successful players can move on to a higher level at a given point. This system can be implemented in many ways, both formally and informally.
Farm Team
What is ‘Farm Team’
A baseball reference applied to businesses that train employees only to have them leave for competing firms. A farm team typically has non-ideal practices that cause high employee turnover – often to bigger and more prestigious companies.
Explaining ‘Farm Team’
Like sport farm teams, these companies fully train the employees only to have them leave to work for another company. Being a farm team for your competitors will often, over time, lead to the destruction of the business.
Further Reading
- Debt, income and farm financial stress – ideas.repec.org [PDF]
- Farm-SAFE: the process of developing a plot-and farm-scale model of arable, forestry, and silvoarable economics – link.springer.com [PDF]
- Factors affecting succession decisions in family farm businesses: evidence from a national survey – www.jstor.org [PDF]
- Psychological type of farm/ranch operators: relationship to financial measures – academic.oup.com [PDF]
- The links between management's critical success factors and farm level economic performance on dairy farms in Sweden – www.tandfonline.com [PDF]
- Financial structure of farm businesses under imperfect capital markets – onlinelibrary.wiley.com [PDF]
- The farm-level economics of conservation agriculture for resource-poor farmers – www.sciencedirect.com [PDF]
- Credit rationing of farm households and agricultural production: empirical evidence in the rural areas of Central Sulawesi, Indonesia – journal.ipb.ac.id [PDF]
