Agec 535 - Study guides, Class notes & Summaries
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AGEC 535 Question and answers verified to pass
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AGEC 535 Question and answers verified to pass Behavior - correct answer what people do; the tasks on which they expendeffort 
 
Performance - correct answer behavior evaluated in terms of its contributionto the goals of the organization 
 
effectiveness - correct answer some summary index of organizationaloutcomes for which the individual is at least partly responsible 
 
Objective Measures - correct answer reflect statistics the sales manager cangather from the firm's internal data (N...
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AGEC 535 Topic 7 Questions with complete solution
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AGEC 535 Topic 7 Questions with complete solution Prospecting - correct answer the process of identifying potential customers who may need or want the product or service you are selling 
 
difference between hunter and farmer sales roles - correct answer hunters- focused on getting new customers or expanding business (Business Development Role) 
farmers- focused on maintaining an established territory with a solid, long-term customer base (Territory Manager role) 
 
the four criteria for qua...
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AGEC 535 exam Question and answers verified to pass
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AGEC 535 exam Question and answers verified to pass What is prospecting? - correct answer the process of identifying potential customers who may want or need the product/service you're selling 
 
What is the difference between hunters vs farmers? - correct answer Hunters: focused on getting new customers or business 
Farmers: focused on maintaining an established territory with a solid, long-term customer base 
 
What are the four criteria for qualifying a prospect to see if they would make...
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Agec Global issue Question and answers correctly solved
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Agec Global issue Question and answers correctly solved Which of the following are characteristics of a professional? 
A. Showing up on time or early 
B. Owning up to your mistakes and fixing them ASAP 
C. Being polite, formal , and error free in your written - correct answer all of the above 
 
which answer is best described as being a scarce resource in our economy 
A. grass 
B. Fresh, clean water 
C, loud Music 
D. None of above - correct answer Fresh, clean water 
 
which answer best d...
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AGEC 453 Midterm Question and answers already passed
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AGEC 453 Midterm Question and answers already passed Which of the following best describes an example of a bulk product? 
Milk 
Coffee bean 
Beer 
Cornmeal - correct answer Coffee bean 
 
T/F: Global trends in consumers' preferences are leading to expanded protein options and fueling overall demand for plant-based proteins. - correct answer true 
 
ADM has a long history in the plant-based protein space and recently has _____ its commitment to the sector. - correct answer increased 
 
Car...
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AGEC exam 1 Question and answers verified to pass
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AGEC exam 1 Question and answers verified to passwhat is dr. kings office # - correct answer est 240 
 
economics? - correct answer began as "moral philosophy" 
to understand what leads to human betterment and to increase it 
 
classical economics? - correct answer built upon a foundation of natural rights 
-it sought to discover systems which could best 
 
what are the 2 blocks of opposing schools of thought? - correct answer -austrian and classical 
-keynesian and marxist 
 
austria...
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AGEC EXAM 1 Question and answers verified to pass
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AGEC EXAM 1 Question and answers verified to pass The Henderson family owns a farm near San Angelo, Texas. Three alternatives 
exist for how to best use their farm. 
Option 1. Raise lambs and earn a profit of $275,000. Production expenses 
amount to $75,000. 
Option 2: Raise cattle and earn a profit of $375,000. Production expenses 
amount to $100,000. 
Option 3: Grow cotton and earn a profit of $325,000. Production expenses 
amount to $125,000. 
 
(a) Assuming capitalistic motives, which option...
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AGEC Chapter 1 Question and answers 100% correct
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AGEC Chapter 1 Question and answers 100% correct What is agricultural economics? - correct answer Agricultural economics is an applied social science that deals with how producers, consumers, and societies use scarce resources in the production, marketing, and consumption of food and fiber products. 
 
Scarce Resources can be decomposed into? - correct answer natural and biological resources 
human resources 
manufactured resources 
 
Scarcity refers to the ________quantity of resources that...
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AGEC Exam 1 Question and answers already passed
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AGEC Exam 1 Question and answers already passed natural resources - correct answer land and minerals 
 
biological resources - correct answer wildlife, crops, etc 
 
human resources - correct answer services provided by laborers that lead to the production of goods 
 
manufactured goods - correct answer machines, equipment, and structures. 
 
the economic benefit should exceed the _____ - correct answer cost 
 
opportunity cost - correct answer - cost of an activity measured in terms...
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AGEC 105 AQ Question and answers rated A+
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AGEC 105 AQ Question and answers rated A+Scarce Resources - correct answer Natural, Biological, Human, and Manufactured 
 
Natural Resources - correct answer land, mineral deposits, water 
 
Biological Resources - correct answer Livestock, crops 
 
Human Resources - correct answer Labor 
 
Manufactured resources - correct answer capital, machines, equipment, structures 
 
Opportunity cost - correct answer the implicit cost associated with the next best alternative in a set of choices...
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