Farm Management Exam Questions with Correct Answers| Latest Update
Guaranteed Success
What are the 4 P's Product, Price, Place, Promotion
What do you have to pay in order to have a loan? Interest
What are the 2 types of loan interest rates? Fixed and variable
What does SWOT stand for strengths, weaknesses, opportunities, threats
Niche Market A smaller part of a larger market in which customers have more specific needs
and wants
Working with the customer directly Direct Sales
Futures contracts to buy or sell at a specific date in the future at a price specified today
What is the largest part of the farm bill Nutrition programs
What is the H2A program Allows foreign workers to work in the US temporarily
What is financial assistance paid to businesses or farmers? Subsidy
You have a 10,000 loan at 5% interest for 5 years what is your monthly payment $175
What are the different types of consumer needs? Physiological
Guaranteed Success
What are the 4 P's Product, Price, Place, Promotion
What do you have to pay in order to have a loan? Interest
What are the 2 types of loan interest rates? Fixed and variable
What does SWOT stand for strengths, weaknesses, opportunities, threats
Niche Market A smaller part of a larger market in which customers have more specific needs
and wants
Working with the customer directly Direct Sales
Futures contracts to buy or sell at a specific date in the future at a price specified today
What is the largest part of the farm bill Nutrition programs
What is the H2A program Allows foreign workers to work in the US temporarily
What is financial assistance paid to businesses or farmers? Subsidy
You have a 10,000 loan at 5% interest for 5 years what is your monthly payment $175
What are the different types of consumer needs? Physiological
