AGMGT 2105- Quiz 2

This subsystem directly links the product to the consumer.

• Production

• Input

• Processing

• Marketing

Agribusiness subsystems must work interdependent and interrelated.

• TRUE

• FALSE

Follow your food from farm to fork means that agribusiness work starts from point of production to point of consumption.

• TRUE

• FALSE

This subsystem comprises of farmers who directly produce products for direct or intermediate consumption.

• Production

• Input

• Processing

• Marketing

Agribusiness is an open system

• TRUE

• FALSE

Supply chain is also called as value chain.

• TRUE

• FALSE

This subsystem prolongs the shelf life of the perishable products that makes them available for a longer time.

• Production

• Input

• Processing

• Marketing

This subsystem provides assistance and back-ups to other subsystems of agribusiness.

• Production

• Support

• Processing

• Marketing

Gaps or weaknesses in any of the subsystem would make the whole agribusiness system collapse.

• TRUE

• FALSE

The supply chain not only includes the manufacturer and suppliers, but also transporters, warehouses, retailers, and customers themselves.

• TRUE

• FALSE