Value Chain Analysis and Development in Agricultural Economics

Play an AI-generated podcast conversation about this lesson

What is a value chain?

The range of activities needed to bring a product from conception to distribution (correct)

A series of stores that sell the same product

The various marketing strategies used to promote a product

A network of suppliers and distributors

How do value chain players align their work?

By maximizing individual profits

By following rigid industry regulations

Based on market signals and capabilities (correct)

Through aggressive advertising campaigns

What is necessary for value chains to be competitive?

Heavy investment in marketing

Strict adherence to traditional methods

Continuous innovation (correct)

Loyalty to existing suppliers

What characterizes a push-based value chain?

Products are pushed through the channel from production side up to the retailer Signup and view all the answers

In a pull-based value chain, what drives procurement, production, and distribution?

Demand Signup and view all the answers

What makes value chains innovative and market-driven?

Optimal push-pull mechanism Signup and view all the answers

Who are the main actors in a value chain?

Input suppliers Signup and view all the answers

Which of the following is a value chain supporter?

Infrastructural services Signup and view all the answers

What are examples of basic infrastructural services in a value chain?

Roads and transportation Signup and view all the answers

Which of the following is a production and storage service in a value chain?

Storage infrastructure Signup and view all the answers

What do value chain influencers include?

Regulatory framework Signup and view all the answers

What is the purpose of a value chain analysis?

To assess how competitive a commodity is likely to be in a target market Signup and view all the answers

Which actors involve producing, processing, trading, and owning the products in a value chain?

Producers Signup and view all the answers

What service adds value to the product but never directly deals with the product?

Infrastructural services Signup and view all the answers

Which actors are grouped into marketing and business support services in value chains?

Wholesalers Signup and view all the answers

Value Chain Analysis and Development in Agricultural Economics

Podcast Beta

Questions and Answers

What is a value chain?

How do value chain players align their work?

What is necessary for value chains to be competitive?

What characterizes a push-based value chain?

In a pull-based value chain, what drives procurement, production, and distribution?

What makes value chains innovative and market-driven?

Who are the main actors in a value chain?

Which of the following is a value chain supporter?

What are examples of basic infrastructural services in a value chain?

Which of the following is a production and storage service in a value chain?

What do value chain influencers include?

What is the purpose of a value chain analysis?

Which actors involve producing, processing, trading, and owning the products in a value chain?

What service adds value to the product but never directly deals with the product?

Which actors are grouped into marketing and business support services in value chains?

More Quizzes Like This

Value Chain Analysis Exam Questions Quiz

Value Chain Analysis and Development in Agricultural Economics

Value Chain Analysis and Benchmarking Quiz

Value Chain Analysis and Activities

Upgrade to continue