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Value Chain Analysis and Development in Agricultural Economics

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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?

From retailer to production side Signup and view all the answers

What characterizes a pull-based value chain?

It is demand-driven rather than forecast-driven Signup and view all the answers

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

To align with market signals and capabilities Signup and view all the answers

Which actors are considered as value chain main actors?

Assembly traders Signup and view all the answers

What are examples of value chain supporter services?

Market place development Signup and view all the answers

What is the primary focus of value chain influencers?

Regulatory framework and policies Signup and view all the answers

Which activities does value chain analysis attempt to describe?

Activities within and around an organization Signup and view all the answers

What are considered as direct value chain main actors?

Input suppliers Signup and view all the answers

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

Weather forecast services Signup and view all the answers

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

Credit and saving services Signup and view all the answers

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

Legal services Signup and view all the answers

What do value chain supporters primarily focus on enhancing?

The operation of different stages of the value chain Signup and view all the answers

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

Wholesalers Signup and view all the answers