allocation of monetary funds based on a determined structure

blueprints for the execution and organization of revenues and expenditures; a specific plan for spending and saving money

amount of income received before the costs of goods and taxes

amount of income after costs of goods and taxes are deducted

remains the same regardless of business activity

may change or fluctuate; sometimes can be hard to predict

items of ownership which can be converted into cash

money owed; debts

assets minus liabilities

The processing subsystem directly link the product to the consumer

Agribusiness subsystems must work interdependent and interrelated

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

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

Agribusiness is an open system

Supply chain is also called as value chain

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

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

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

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