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AGBE 3304 Exam 1 Questions & Answers 2024/2025 $8.49   Add to cart

Exam (elaborations)

AGBE 3304 Exam 1 Questions & Answers 2024/2025

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AGBE 3304 Exam 1 Questions & Answers 2024/2025 Global Agri-food System (Input Suppliers) - ANSWERSSell inputs like feed or fertilizer Global Agri-food System (Producers) - ANSWERSFirms that purchase items Global Agri-Food System (Processors) - ANSWERSBuy ag commodities from farmers and r...

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  • September 30, 2024
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  • 2024/2025
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  • AGBE 3304
  • AGBE 3304
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AGBE 3304 Exam 1 Questions &
Answers 2024/2025

Global Agri-food System (Input Suppliers) - ANSWERSSell inputs like feed or fertilizer



Global Agri-food System (Producers) - ANSWERSFirms that purchase items



Global Agri-Food System (Processors) - ANSWERSBuy ag commodities from farmers and ranchers



Global AFS (Input) - ANSWERSGMOs

High Yielding Varieties

Fert. Production Capactity



Global AFS (Production) - ANSWERSSince 1950 number of farms has decreased by two-thirds

Farm Size has doubled



Productivity - ANSWERSSame level of input produces 3x as much output



Kinsey's Hierarchy - ANSWERSTop- Status and Causes

Living Well

Promoting Health

Convenience

Tastes Good and Variety

Nutritious, Safe and Affordable



The Agribusiness Manager (3Es) - ANSWERSEfficient

Effective

, Enhance Economic Well Being



The Agribusiness Manager (Efficient) - ANSWERSDo things well

Return on Invested Capitol



The Agribusiness Manager (Effective) - ANSWERSDo the right things

Provide Value to the customers



The Agribusiness Manager (Enhance Economic Well Being) - ANSWERSCustomers

Employees

Investors



4 Functions of Management - ANSWERSPlanning

Directing/Adjusting

Organizing/Implement

Controlling



Functions of Management (Planning Definition) - ANSWERSPut the firm in the best possible position
relative to future business conditions and customer demands

Starts with developing a marketing plan



Functions of Management (Planning) - ANSWERSStrategic-Course of Action

Tactical- Short-term plans

Contingency



SWOT analysis - ANSWERSExamines both internal and external factors of an organization to better
prepare and manage



Role Of Marketing (Middlemen) - ANSWERSEconomies of Specialization

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