Agribusiness Management - Test 1 Exam 100% Verified
scope and size of the agri-food system - ANSWER input suppliers
producers
commodity processors
food manufacturers
food distributors
food retailers
how much food does the average american consume each year? - ANSWER 1 ton (5.5
lbs a day)
how much do people spend of their disposable income on food? - ANSWER 10.8% (half
on food at home, half on food away from home)
each farmer produces enough for ___ people in 2013. __% in the US, __% abroad -
ANSWER 150, 75%, 25%
the US produces approx. __% of the world's agricultural output, __% of which is soybean
and corn - ANSWER 12%, 40%
productivity - ANSWER the amount of output produced per unit of input
scope and size of the textile system - ANSWER input supplier
commodity processors (gin, tanners, etc)
textile manufacturers (denim, carpet, etc)
product distributors (brand names for clothes)
, product retailers (stores)
hierarchy of reasons people buy food - ANSWER nutritious, safe, affordable - most
basic reason (bottom of pyramid)
tastes good and variety
convenience
promoting health
living well
status and causes (top of pyramid)
3 sources of combining science, technology, and business management - ANSWER a
free enterprise - rewarding those who take risks
human race's perpetual desire to
role of business management ANSWER putting together knowledge from the many
disciplines within as well as taking advantage of improvement in logistics
communications, and operation management
eli whitney's contribution to the evolution of the food and fiber system ANSWER in 1793
he invented the cotton gin which displaced 1/4 of the agricultural jobs in the south by
1860. the higher productivity led to cotton being the lead US export until after the civil
war
cyrus mccormick's contribution to the evolution of the food and fiber system -
ANSWER 1840 wheat harvesting mechanical equipment. grain harvesters reap 500%
the amount of wheat than collected per man hour, 250% for corn
john deere's contribution to the evolution of the food and fiber system - ANSWER 1847
invention of the moldboard plow resulted in doubling acres under cultivation during the
1870s
scope and size of the agri-food system - ANSWER input suppliers
producers
commodity processors
food manufacturers
food distributors
food retailers
how much food does the average american consume each year? - ANSWER 1 ton (5.5
lbs a day)
how much do people spend of their disposable income on food? - ANSWER 10.8% (half
on food at home, half on food away from home)
each farmer produces enough for ___ people in 2013. __% in the US, __% abroad -
ANSWER 150, 75%, 25%
the US produces approx. __% of the world's agricultural output, __% of which is soybean
and corn - ANSWER 12%, 40%
productivity - ANSWER the amount of output produced per unit of input
scope and size of the textile system - ANSWER input supplier
commodity processors (gin, tanners, etc)
textile manufacturers (denim, carpet, etc)
product distributors (brand names for clothes)
, product retailers (stores)
hierarchy of reasons people buy food - ANSWER nutritious, safe, affordable - most
basic reason (bottom of pyramid)
tastes good and variety
convenience
promoting health
living well
status and causes (top of pyramid)
3 sources of combining science, technology, and business management - ANSWER a
free enterprise - rewarding those who take risks
human race's perpetual desire to
role of business management ANSWER putting together knowledge from the many
disciplines within as well as taking advantage of improvement in logistics
communications, and operation management
eli whitney's contribution to the evolution of the food and fiber system ANSWER in 1793
he invented the cotton gin which displaced 1/4 of the agricultural jobs in the south by
1860. the higher productivity led to cotton being the lead US export until after the civil
war
cyrus mccormick's contribution to the evolution of the food and fiber system -
ANSWER 1840 wheat harvesting mechanical equipment. grain harvesters reap 500%
the amount of wheat than collected per man hour, 250% for corn
john deere's contribution to the evolution of the food and fiber system - ANSWER 1847
invention of the moldboard plow resulted in doubling acres under cultivation during the
1870s
