Quiz 1 - Agribusiness

When does the concept of Agri-business was born?

• 1967

• 1947

• 1957

• 1977

It deals with the supply of inputs required by the farmers for raising crops, livestock and other allied enterpresis.

• Farm Sector

• Input sector

• Product Sector

• Farm input sector

It include supply of inputs, credit, production technologies, farms services etc.

• Backward linkage

• Forward linkage

• Sideward linkage

It deals with the agro-based industries providing seeds, fertilizers, feed, chemicals etc.

• Input sector

• Farm input sector

• Farm product sector

• Product sector

Agribusiness was introduced in the Philippines on what year?

• Early 1955

• 1955

• Early 1966

• 1966

If one firm assumes the other functions (proceeding) related to the production is called ________.

• Vertical integration

• Forward integration

• Backward integration

• Conglomerate integration

It aims at producing crops, livestock and other products.

• Farm input

• Farm Sector

• Input Sector

• Product sector

If one firm assumes several functions which do not have any relationship.

• Vertical integration

• Forward integration

• Backward integration

• Conglomerate integration

It includes storage, processing, transportation and marketing aspects.

• Backward linkage

• Forward linkage

• Sideward linkage

When does the first Advanced Agribusiness Management was held?

• 1969

• 1959

• 1949

• 1939