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AGBM 338 exam 1 Question and answers 100% correct

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AGBM 338 exam 1 Question and answers 100% correct 1. What technology has been critical to the development of the food superhighway (global food trade)? A. Irrigation B. New plant varieties C. Containerized transportation D. Mechanized food processing - correct answer C 1. Highly perishable food is mainly transported on the food superhighway by? A. Ship B. Truck C. Rail D. Air - correct answer D 1. The Netherlands is the world's leading exporter of what type of food product? A. Salad Crops B. Processed Fish C. Potatoes D. Cheese - correct answer A 1. Apart from changes in technology, the development of the food superhighway has been driven by? A. Multinational co

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AGBM 338 exam 1 Question and
answers 100% correct
1. What technology has been critical to the development of the food
superhighway (global food trade)?
A. Irrigation
B. New plant varieties
C. Containerized transportation
D. Mechanized food processing - correct answer ✔C


1. Highly perishable food is mainly transported on the food superhighway by?
A. Ship
B. Truck
C. Rail
D. Air - correct answer ✔D


1. The Netherlands is the world's leading exporter of what type of food
product?
A. Salad Crops
B. Processed Fish
C. Potatoes
D. Cheese - correct answer ✔A


1. Apart from changes in technology, the development of the food
superhighway has been driven by?
A. Multinational companies in search of higher profits
B. Consumer demand for variety in food consumption

, C. Farmers who need to develop markets for their products
D. Supermarkets who want to diversify food supplies - correct answer ✔B


1. The textbook indicates that John Deere only had success in selling tractors
in India when:
A. It adapted an existing US model to Indian conditions
B. It undercut the prices of its leading Indian competitor
C. It stopped manufacturing tractors in India and imported them from the US
D. It developed a new model of tractor suitable for use in India - correct
answer ✔D


1. KFC is making Africa a priority because:
A. There is high income growth and an emerging middle class with a high
demand for chicken
B. Lots of chicken is produced in Africa so KFC can obtain the product it
needs
C. African chicken farmers can supply chicken at very competitive prices
D. Many African chicken farmers who now have laying hens want to switch to
raising chickens for meat - correct answer ✔A


1. KFC sales strategy in Africa involves:
A. Charging premium prices so that consumers will view KFC products to be
of superior quality
B. Expanding its menu to include products made from local ingredients, e.g.,
yams
C. Offering chicken products that people in African like, e.g., the gizzard and
the neck
D. Selling pizza and subs in addition to chicken products - correct answer
✔C

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