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Innovative Business Strategies for U-Pick Farms: Diversifying Income Streams

Innovative Business Strategies for U-Pick Farms: Diversifying Income Streams

Assessment

Interactive Video

Other, Business

11th Grade - University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video discusses a farmer's journey in diversifying their business to maintain cash flow and sustain operations. Starting in the 90s, the farmer expanded from a fruit stand to include U-pick, farmers markets, vacation rentals, and more. The farm stay became a significant income source, while cinnamon sugar dried apples and cider production added value. Plans for hard cider and grass-fed lambs further illustrate the farmer's innovative approach to using resources efficiently and exploring new markets.

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one of the first diversification strategies the farmer implemented in the 90s?

Selling at farmers markets

Introducing U-pick

Opening a self-serve fruit stand

Starting a vacation rental

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What became the biggest money maker on the farm?

Cinnamon sugar dried apples

Farmers markets

Farm stay

U-pick

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who learned to make the cinnamon sugar dried apples after the farmer's parents?

The farmer's sibling

A friend named Gracie

A local chef

The farmer's child

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the farmer considering to further diversify their cider production?

Exporting cider internationally

Collaborating with other cider makers

Producing hard cider

Opening a cider tasting room

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What motivated the farmer to obtain a meat seller's license?

A government incentive program

The opportunity to sell grass-fed lambs

A suggestion from a fellow farmer

A desire to expand into beef production

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