FBLA Agribusiness UPDATED Exam
Questions and CORRECT Answers
Business - CORRECT ANSWER - Fluctuations in economic activity, such as employment
and production
Commercial - CORRECT ANSWER - an advertisement on television, radio, or at the
cinema
Technology - CORRECT ANSWER - Practical use of scientific information to improve
the quality of human life: see also applied science
publication - CORRECT ANSWER - a copy of a printed work offered for distribution
industry - CORRECT ANSWER - A collection of businesses with a common line of
products or services
marketing - CORRECT ANSWER - the activity, set of institutions, and processes for
creating, communicating, delivering, and exchanging offerings that have value for customers,
clients, partners, and society at large
seed - CORRECT ANSWER - Semen
retail - CORRECT ANSWER - What activity tends to locate on the street-level floor of a
skyscraper in a typical North American.
pormanteau - CORRECT ANSWER - large leather suitcase with two hinged compartments
trade associations - CORRECT ANSWER - organizations offering technical and general
assistance to entrepreneurs in a specific profession or industry
, corporate farming - CORRECT ANSWER - Which of the following contributed to rural
poverty?
vertically integrated - CORRECT ANSWER - circumstance in which an organization has
control over a media product from production through distribution to exhibition
energy security - CORRECT ANSWER - Energy Insecurity Causes: 1. energy system
disruptions liked to extreme weather or accidents 2. short-term balancing supply and demand in
electricity markets 3. regulatory failures 4. concentration of fossil fuel resources; Ireland energy
security is fairly poor- energy is mainly sourced from fossil fuels which are largely imported
family owned farms - CORRECT ANSWER - types of farms and farm ownership
agricultural economics - CORRECT ANSWER - the application of economic theory in
optimizing the production and distribution of food and fibre.
management studies - CORRECT ANSWER - -Effecting organizational change
Foreign Agricultural - CORRECT ANSWER - collects, analyzes, and disseminates
information about global supply and demand, trade trends, and emerging market opportunities
global warming - CORRECT ANSWER - a gradual increase in the overall temperature of
the earth's atmosphere generally attributed to the greenhouse effect caused by increased levels of
carbon dioxide, chlorofluorocarbons, and other pollutants.
transaction - CORRECT ANSWER - A business deal or action; exchange of money, goods,
or services
Food and Agriculture Organization - CORRECT ANSWER - Two major ainternational
agencies that develope global food standards
Questions and CORRECT Answers
Business - CORRECT ANSWER - Fluctuations in economic activity, such as employment
and production
Commercial - CORRECT ANSWER - an advertisement on television, radio, or at the
cinema
Technology - CORRECT ANSWER - Practical use of scientific information to improve
the quality of human life: see also applied science
publication - CORRECT ANSWER - a copy of a printed work offered for distribution
industry - CORRECT ANSWER - A collection of businesses with a common line of
products or services
marketing - CORRECT ANSWER - the activity, set of institutions, and processes for
creating, communicating, delivering, and exchanging offerings that have value for customers,
clients, partners, and society at large
seed - CORRECT ANSWER - Semen
retail - CORRECT ANSWER - What activity tends to locate on the street-level floor of a
skyscraper in a typical North American.
pormanteau - CORRECT ANSWER - large leather suitcase with two hinged compartments
trade associations - CORRECT ANSWER - organizations offering technical and general
assistance to entrepreneurs in a specific profession or industry
, corporate farming - CORRECT ANSWER - Which of the following contributed to rural
poverty?
vertically integrated - CORRECT ANSWER - circumstance in which an organization has
control over a media product from production through distribution to exhibition
energy security - CORRECT ANSWER - Energy Insecurity Causes: 1. energy system
disruptions liked to extreme weather or accidents 2. short-term balancing supply and demand in
electricity markets 3. regulatory failures 4. concentration of fossil fuel resources; Ireland energy
security is fairly poor- energy is mainly sourced from fossil fuels which are largely imported
family owned farms - CORRECT ANSWER - types of farms and farm ownership
agricultural economics - CORRECT ANSWER - the application of economic theory in
optimizing the production and distribution of food and fibre.
management studies - CORRECT ANSWER - -Effecting organizational change
Foreign Agricultural - CORRECT ANSWER - collects, analyzes, and disseminates
information about global supply and demand, trade trends, and emerging market opportunities
global warming - CORRECT ANSWER - a gradual increase in the overall temperature of
the earth's atmosphere generally attributed to the greenhouse effect caused by increased levels of
carbon dioxide, chlorofluorocarbons, and other pollutants.
transaction - CORRECT ANSWER - A business deal or action; exchange of money, goods,
or services
Food and Agriculture Organization - CORRECT ANSWER - Two major ainternational
agencies that develope global food standards
