Value Chain Analysis and Development in Agricultural Economics
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Questions and Answers

What is a value chain?

  • The final stage of product development
  • The marketing activities associated with a product
  • The full range of activities required to bring a product from conception to the market (correct)
  • A single phase of production and transformation

    • What do value chain players do to align their work?

  • Follow government regulations
  • Base their work on market signals and capabilities (correct)
  • Rely on guesswork
  • Ignore market signals

    • What is needed for value chains to be competitive?

  • Increased bureaucracy
  • Lowering the quality standards
  • Continuous improvement and setting standards (correct)
  • Avoiding innovation

    • In a push-based value chain, how are products moved through the channel?

    <p>From retailer to production side</p> Signup and view all the answers

    What characterizes a pull-based value chain?

    <p>It is demand-driven rather than forecast-driven</p> Signup and view all the answers

    What is an optimal push-pull combination used for in value chains?

    <p>To align with market signals and capabilities</p> Signup and view all the answers

    Which actors are considered as value chain main actors?

    <p>Assembly traders</p> Signup and view all the answers

    What are examples of value chain supporter services?

    <p>Market place development</p> Signup and view all the answers

    What is the primary focus of value chain influencers?

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

    Which activities does value chain analysis attempt to describe?

    <p>Activities within and around an organization</p> Signup and view all the answers

    What are considered as direct value chain main actors?

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

    Which services are included in production and storage services in a value chain?

    <p>Weather forecast services</p> Signup and view all the answers

    What is the primary focus of financial services in value chains?

    <p>Credit and saving services</p> Signup and view all the answers

    Which element influences value chain performance related to land tenure security?

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

    What do value chain supporters primarily focus on enhancing?

    <p>The operation of different stages of the value chain</p> Signup and view all the answers

    Which actors are involved in producing, processing, trading, and owning the products within a value chain?

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

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