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Exam (elaborations)

AGBE Exam 3 Questions with 100% Correct Answers 2024/2025

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AGBE Exam 3 Questions with 100% Correct Answers 2024/2025 by acting jointly. farmers can achieve marketing objectives they cannot achieve by acting separately - ANSWERScollective action goals of collective action - ANSWERSimprove demand regulate supplies and qualities improve competitiven...

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  • September 30, 2024
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  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • AGBE
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AGBE Exam 3 Questions with 100%
Correct Answers 2024/2025

by acting jointly. farmers can achieve marketing objectives they cannot achieve by acting separately -
ANSWERScollective action



goals of collective action - ANSWERSimprove demand

regulate supplies and qualities

improve competitiveness and efficiency

gain more channel control and leadership



4 types of collective action - ANSWERSgeneric promotion

marketing cooperatives

bargaining associations

marketing orders



advantages of collective action - ANSWERSpool resources

adequate access to supplies

spreading of risk

sharing of info



disadvantages to collective action - ANSWERSinternal conflict

farmer knowledge of processing/marketing

undercapitalized



promotion of a particular commodity financed collectively by producers.

includes advertising and other activities to increase demand. The purpose is to change demand and raise
price - ANSWERSgeneric promotion

, clear measurable objectives

stategy fitting commodity, marketing system, buyers attitude

use of professional advertising

sufficient money to achieve objectives

a program to evaluate results - ANSWERSprogram for generic promotion



a user owned and controlled business from which benefits are derived and distributed equally on the
basis of use - ANSWERScooperative



tasks of a cooperative - ANSWERSmarketing, purchasing, service, processing



types of cooperatives - ANSWERSfederated, centralized, combo



provide efficient marketing outlets

expand demand for members commodities

coordination between production and consumption

provide more dependable market outlets

achieve channel leadership, including vertical integration - ANSWERSgoals of marking cooperatives



features of marketing cooperative act - ANSWERScapper volstead



laws that recognize unique non profit nature of cooperatives - ANSWERSincome tax



raising capital

recognizing the challenge of patron owners

distinugining duties of directors/managers

managing competition w/ other coop

keeping members happy and loyal - ANSWERSproblems of managing a coop

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