Entrp 130 - Agribusiness Unit 1 Quiz

<p>A grocery store chain (A)</p> Signup and view all the answers

<p>Processing and marketing agricultural products to consumers (D)</p> Signup and view all the answers

<p>All activities related to food, fiber, and natural resources (B)</p> Signup and view all the answers

<p>Isolation from global markets (B)</p> Signup and view all the answers

<p>Research and Development (C)</p> Signup and view all the answers

<p>Sustainable orchestration of food, fiber, and natural resources (B)</p> Signup and view all the answers

<p>To generate profit (D)</p> Signup and view all the answers

<p>Research laboratories (B)</p> Signup and view all the answers

<p>Dynamic and systemic (C)</p> Signup and view all the answers

<p>The sequence of activities involved in the production of a good or service (B)</p> Signup and view all the answers

<p>Increase government control of the agricultural market (C)</p> Signup and view all the answers

<p>Natural or Man-Made Disasters (A)</p> Signup and view all the answers

<p>Gives rise to the possibility of lower food prices (C)</p> Signup and view all the answers

<p>Farmland reduction (C)</p> Signup and view all the answers

<p>Changing global prices of agricultural products (A)</p> Signup and view all the answers

<p>Processing (D)</p> Signup and view all the answers

<p>Regulation (C)</p> Signup and view all the answers

<p>Lack of skilled labor (D)</p> Signup and view all the answers

<p>Real estate investment (C)</p> Signup and view all the answers

<p>They increase crop yields and protect against pests and diseases. (C)</p> Signup and view all the answers

<p>Developing new varieties of crops that are drought-resistant. (C)</p> Signup and view all the answers

<p>It allows for more precise planting and harvesting. (C)</p> Signup and view all the answers

<p>To provide financial support to farmers for various operations. (B)</p> Signup and view all the answers

<p>To provide aerial views for crop health assessment. (B)</p> Signup and view all the answers

<p>They provide farmers with seeds that meet specific consumer demands. (C)</p> Signup and view all the answers

<p>By automating tasks such as harvesting and watering. (D)</p> Signup and view all the answers

<p>Input Sector, Output Sector, Agriservices Sector (C)</p> Signup and view all the answers

<p>Vertical Integration and Value Chains (B)</p> Signup and view all the answers

<p>Agribusiness is focused primarily on technological advancements. (C)</p> Signup and view all the answers

<p>Extensive marketing and advertising (A)</p> Signup and view all the answers

<p>Increased exports of agricultural products (C)</p> Signup and view all the answers

<p>Developing and disseminating new agricultural practices and technologies (D)</p> Signup and view all the answers

<p>Tourism and Hospitality (D)</p> Signup and view all the answers

<p>Supporting the agricultural industry with services like equipment rental, consulting, and logistics (D)</p> Signup and view all the answers

Businesses involved in commercial agricultural processes from production to distribution.

The art of cultivating crops and raising animals, including various related activities.

The sequence of processes that add value to agricultural products from farm to consumer.

Agribusiness plays a crucial role in providing food, fiber, and resources globally.

The process of managing finances and investments within agribusiness to ensure sustainability.

Traits that define effective agribusiness, such as innovation, management, and adaptability.

Potential ventures within agribusiness that can lead to profitability.

All activities related to the manufacture, production, and distribution of farm commodities.

Supplies necessary inputs like seeds, fertilizers, and machinery for farmers.

Focused on producing crops, livestock, and agricultural products.

Handles storage, processing, and marketing of agricultural products.

Use of modern tech like robots and drones to enhance food production efficiencies.

Goals aimed at developing a competitive and sustainable agribusiness sector.

The difference between potential and actual crop yields, highlighting inefficiencies.

The ability of agribusiness to operate without depleting resources over time.

Lack of measures to protect agriculture from pests and diseases.

Funding or investment necessary for agribusiness growth and innovation.

The state of the market, encompassing competition and demand for agricultural products.

Possibilities for growth and innovation in the agribusiness sector.

The interconnected roles in production, processing, and distribution of agricultural goods.

The production of machinery used in farming, like tractors.

Companies that provide chemicals to protect and enhance crop growth.

Investigation into new methods to improve farming efficiency and resilience.

Businesses that provide seeds needed for crop production.

Tools and systems like robots and drones to enhance farming operations.

Tractors equipped with GPS for improved navigation and efficiency.

Unmanned aerial vehicles used for monitoring and spraying crops.

Devices used to monitor conditions like humidity and soil moisture.

Key sectors involved in agribusiness including supplies, production, processing, and marketing.

The range of activities and markets for agribusiness, including biotechnology and organic farming.

Features of an effective agribusiness include clear objectives, planning, and efficient management.

Main parts of the agribusiness system: input, output, and agriservices sectors.

Resources like fertilizers, pesticides, and machines that support agricultural production.

A strategy where businesses own multiple steps in the supply chain to enhance efficiency.