16 Questions
What is a value chain?
The full range of activities required to bring a product from conception to the market
What do value chain players do to align their work?
Base their work on market signals and capabilities
What is needed for value chains to be competitive?
Continuous improvement and setting standards
In a push-based value chain, how are products moved through the channel?
From retailer to production side
What characterizes a pull-based value chain?
It is demand-driven rather than forecast-driven
What is an optimal push-pull combination used for in value chains?
To align with market signals and capabilities
Which actors are considered as value chain main actors?
Assembly traders
What are examples of value chain supporter services?
Market place development
What is the primary focus of value chain influencers?
Regulatory framework and policies
Which activities does value chain analysis attempt to describe?
Activities within and around an organization
What are considered as direct value chain main actors?
Input suppliers
Which services are included in production and storage services in a value chain?
Weather forecast services
What is the primary focus of financial services in value chains?
Credit and saving services
Which element influences value chain performance related to land tenure security?
Legal services
What do value chain supporters primarily focus on enhancing?
The operation of different stages of the value chain
Which actors are involved in producing, processing, trading, and owning the products within a value chain?
Wholesalers
This quiz covers key concepts and approaches related to value chain analysis, governance, networking, development, and improvement in the context of agricultural economics. It includes outlines and basic concepts of value chain, aimed at 3rd year agricultural economics students.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
