Value Chain Analysis and Development in Agricultural Economics
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Questions and Answers

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?

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

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

    <p>Demand</p> Signup and view all the answers

    What makes value chains innovative and market-driven?

    <p>Optimal push-pull mechanism</p> Signup and view all the answers

    Who are the main actors in a value chain?

    <p>Input suppliers</p> Signup and view all the answers

    Which of the following is a value chain supporter?

    <p>Infrastructural services</p> Signup and view all the answers

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

    <p>Roads and transportation</p> Signup and view all the answers

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

    <p>Storage infrastructure</p> Signup and view all the answers

    What do value chain influencers include?

    <p>Regulatory framework</p> Signup and view all the answers

    What is the purpose of a value chain analysis?

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

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

    <p>Producers</p> Signup and view all the answers

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

    <p>Infrastructural services</p> Signup and view all the answers

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

    <p>Wholesalers</p> Signup and view all the answers

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