CRD334 Tma Solutions

CRD334

Question: There are major types of business within the economy
Answer: seven (7)

Question: is agriculturally related business, concerned with the production, distribution and processing of food and fibre
Answer: agribusiness

Question: There are components of agribusiness
Answer: seven (7)

Question: Most agricultural produce can be consumed in the state in which they produced
Answer: false

Question: Agriculture is in mainly the hands of the scale farmers
Answer: small-

Question: Business has obligations to competitors
Answer: true

Question: Processing account for between percent of the value added yields
Answer: 51 and 60

Question: Business should ensure that customers have the best products and services at the least cost
Answer: true

Question: refer to those industries that carry out the production and distribution of farm supplies (inputs) and those that process and distribute food and fibre products
Answer: agribusiness

Question: Most agriculture produce are perishable. TRUE OR FALSE
Answer: true

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